M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) Chairman John L. Ocampo sold 49,000 shares of the stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $45.01, for a total transaction of $2,205,490.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) remained flat at $47.87 during trading on Thursday. The company had a trading volume of 954,667 shares. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 1994.58 and a beta of 1.39. M/A-Com Technology Solutions Holdings Inc. has a one year low of $29.56 and a one year high of $47.91. The stock’s 50-day moving average is $40.26 and its 200 day moving average is $38.61.

M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) last posted its earnings results on Tuesday, November 15th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.02. M/A-Com Technology Solutions Holdings had a net margin of 0.26% and a return on equity of 17.23%. The company earned $152.70 million during the quarter. During the same quarter in the previous year, the business earned $0.34 EPS. M/A-Com Technology Solutions Holdings’s revenue was up 35.6% compared to the same quarter last year. Equities research analysts expect that M/A-Com Technology Solutions Holdings Inc. will post $2.56 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for M/A-Com Technology Solutions Holdings (NASDAQ:MTSI)

A number of institutional investors have recently bought and sold shares of MTSI. First Republic Investment Management Inc. raised its position in M/A-Com Technology Solutions Holdings by 62.4% in the first quarter. First Republic Investment Management Inc. now owns 18,628 shares of the company’s stock valued at $816,000 after buying an additional 7,156 shares during the period. GW&K Investment Management LLC raised its stake in shares of M/A-Com Technology Solutions Holdings by 57.0% in the second quarter. GW&K Investment Management LLC now owns 848,321 shares of the company’s stock worth $27,978,000 after buying an additional 308,072 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of M/A-Com Technology Solutions Holdings during the second quarter worth $257,000. Nordea Investment Management AB raised its stake in shares of M/A-Com Technology Solutions Holdings by 322.7% in the second quarter. Nordea Investment Management AB now owns 17,229 shares of the company’s stock worth $568,000 after buying an additional 13,153 shares during the last quarter. Finally, LaSalle Street Capital Management LLC acquired a new stake in shares of M/A-Com Technology Solutions Holdings during the second quarter worth $225,000. Institutional investors own 73.27% of the company’s stock.

Several analysts recently commented on the stock. Needham & Company LLC reissued a “buy” rating and set a $49.00 price objective on shares of M/A-Com Technology Solutions Holdings in a research report on Tuesday, November 1st. Jefferies Group reissued a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research report on Thursday, September 8th. Goldman Sachs Group Inc. downgraded shares of M/A-Com Technology Solutions Holdings from a “buy” rating to a “neutral” rating and set a $41.00 price objective on the stock. in a research report on Tuesday, September 20th. Zacks Investment Research downgraded shares of M/A-Com Technology Solutions Holdings from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Finally, Stifel Nicolaus increased their price objective on shares of M/A-Com Technology Solutions Holdings from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Wednesday, November 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. M/A-Com Technology Solutions Holdings currently has a consensus rating of “Buy” and a consensus target price of $46.39.

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About M/A-Com Technology Solutions Holdings

MACOM Technology Solutions Holdings, Inc, formerly M/A-COM Technology Solutions Holdings, Inc, is a provider of analog semiconductor solutions for the use in wireless and wireline applications across the radio frequency (RF), microwave and millimeter wave spectrum. The Company operates through semiconductors and modules segment.

5 Day Chart for NASDAQ:MTSI

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