M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) SVP Donghyun Thomas Hwang sold 8,650 shares of the stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $47.70, for a total value of $412,605.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Donghyun Thomas Hwang also recently made the following trade(s):

  • On Tuesday, September 6th, Donghyun Thomas Hwang sold 2,000 shares of M/A-Com Technology Solutions Holdings stock. The stock was sold at an average price of $43.80, for a total value of $87,600.00.

M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) opened at 49.00 on Tuesday. M/A-Com Technology Solutions Holdings Inc. has a 12 month low of $29.56 and a 12 month high of $49.07. The company has a market capitalization of $2.63 billion, a P/E ratio of 2041.67 and a beta of 1.39. The stock’s 50 day moving average price is $40.52 and its 200-day moving average price is $38.77.

M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) last released its quarterly earnings data on Tuesday, November 15th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 had revenue of $152.70 million for the quarter. During the same quarter last year, the firm posted $0.34 EPS. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. On average, equities research analysts predict that M/A-Com Technology Solutions Holdings Inc. will post $2.56 EPS for the current fiscal year.

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

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Several hedge funds have recently added to or reduced their stakes in MTSI. Isthmus Partners LLC raised its stake in M/A-Com Technology Solutions Holdings by 0.9% in the third quarter. Isthmus Partners LLC now owns 19,930 shares of the company’s stock worth $798,000 after buying an additional 180 shares during the last quarter. TD Asset Management Inc. raised its stake in M/A-Com Technology Solutions Holdings by 2.6% in the second quarter. TD Asset Management Inc. now owns 8,000 shares of the company’s stock worth $264,000 after buying an additional 200 shares during the last quarter. Rhumbline Advisers raised its stake in M/A-Com Technology Solutions Holdings by 0.9% in the second quarter. Rhumbline Advisers now owns 22,943 shares of the company’s stock worth $757,000 after buying an additional 205 shares during the last quarter. Fifth Third Bancorp raised its stake in M/A-Com Technology Solutions Holdings by 14.3% in the second quarter. Fifth Third Bancorp now owns 3,896 shares of the company’s stock worth $128,000 after buying an additional 486 shares during the last quarter. Finally, Swiss National Bank raised its stake in M/A-Com Technology Solutions Holdings by 1.1% in the third quarter. Swiss National Bank now owns 47,500 shares of the company’s stock worth $2,011,000 after buying an additional 500 shares during the last quarter. Institutional investors own 72.49% of the company’s stock.

Several research firms have recently issued reports on MTSI. Jefferies Group reissued a “buy” rating and set a $49.00 target price (down from $50.00) on shares of M/A-Com Technology Solutions Holdings in a report on Saturday, November 19th. Zacks Investment Research lowered M/A-Com Technology Solutions Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 23rd. Goldman Sachs Group Inc. lowered 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 note on Tuesday, September 20th. Needham & Company LLC reaffirmed a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research note on Wednesday, November 16th. Finally, Stifel Nicolaus raised their price objective on M/A-Com Technology Solutions Holdings from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, November 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the stock. M/A-Com Technology Solutions Holdings currently has an average rating of “Buy” and a consensus price target of $46.39.

M/A-Com Technology Solutions Holdings Company Profile

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

5 Day Chart for NASDAQ:MTSI

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