IFP Advisors Inc decreased its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 23.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,700 shares of the semiconductor company’s stock after selling 1,425 shares during the period. IFP Advisors Inc’s holdings in MACOM Technology Solutions Holdings were worth $210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strs Ohio bought a new position in shares of MACOM Technology Solutions Holdings during the second quarter valued at approximately $105,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of MACOM Technology Solutions Holdings by 10.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,174 shares of the semiconductor company’s stock valued at $121,000 after purchasing an additional 199 shares in the last quarter. Advisor Group Inc. increased its stake in shares of MACOM Technology Solutions Holdings by 6.6% during the second quarter. Advisor Group Inc. now owns 2,300 shares of the semiconductor company’s stock valued at $128,000 after purchasing an additional 143 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of MACOM Technology Solutions Holdings during the first quarter valued at approximately $116,000. Finally, BT Investment Management Ltd bought a new position in shares of MACOM Technology Solutions Holdings during the second quarter valued at approximately $162,000. 82.40% of the stock is owned by institutional investors and hedge funds.

In other MACOM Technology Solutions Holdings news, Director Geoffrey G. Ribar purchased 5,000 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of $43.37 per share, for a total transaction of $216,850.00. Following the purchase, the director now directly owns 11,063 shares of the company’s stock, valued at approximately $479,802.31. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider John Croteau sold 2,000 shares of MACOM Technology Solutions Holdings stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $45.20, for a total transaction of $90,400.00. The disclosure for this sale can be found here. Insiders have sold a total of 5,500 shares of company stock worth $247,340 in the last quarter. Corporate insiders own 57.10% of the company’s stock.

Several equities research analysts recently weighed in on MTSI shares. Craig Hallum reissued a “buy” rating and set a $54.00 price target on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, October 3rd. Needham & Company LLC reissued a “buy” rating and set a $56.00 price target on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, September 5th. Stifel Nicolaus reissued a “buy” rating and set a $64.00 price target on shares of MACOM Technology Solutions Holdings in a research report on Friday, July 14th. BidaskClub raised shares of MACOM Technology Solutions Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $61.00 price target (down previously from $66.00) on shares of MACOM Technology Solutions Holdings in a research report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. MACOM Technology Solutions Holdings presently has an average rating of “Hold” and an average target price of $49.67.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) opened at $37.52 on Wednesday. The firm has a market cap of $2,478.14, a price-to-earnings ratio of 21.55, a PEG ratio of 0.99 and a beta of 1.40. MACOM Technology Solutions Holdings, Inc. has a one year low of $35.58 and a one year high of $65.99. The company has a debt-to-equity ratio of 0.87, a quick ratio of 4.42 and a current ratio of 5.61.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/11/08/ifp-advisors-inc-has-210000-holdings-in-macom-technology-solutions-holdings-inc-mtsi.html.

MACOM 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.

Institutional Ownership by Quarter for MACOM Technology Solutions Holdings (NASDAQ:MTSI)

Receive News & Stock Ratings for MACOM Technology Solutions Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions Holdings Inc. and related stocks with our FREE daily email newsletter.