Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) SVP Sells $636,150.00 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Robert Dennehy sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total transaction of $636,150.00. Following the completion of the sale, the senior vice president directly owned 10,680 shares in the company, valued at $1,358,816.40. This trade represents a 31.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock opened at $133.19 on Thursday. The company’s 50 day simple moving average is $128.76 and its 200-day simple moving average is $123.54. The company has a market capitalization of $9.92 billion, a price-to-earnings ratio of -131.87, a price-to-earnings-growth ratio of 1.90 and a beta of 1.48. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year high of $152.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $252.08 million for the quarter, compared to the consensus estimate of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The business’s revenue was up 32.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wedmont Private Capital grew its holdings in MACOM Technology Solutions by 5.4% during the 3rd quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company’s stock worth $246,000 after acquiring an additional 99 shares in the last quarter. Silverberg Bernstein Capital Management LLC grew its holdings in MACOM Technology Solutions by 16.0% during the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 127,632 shares of the semiconductor company’s stock worth $15,889,000 after acquiring an additional 17,590 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in MACOM Technology Solutions during the 3rd quarter worth approximately $3,177,000. Sanders Morris Harris LLC acquired a new position in MACOM Technology Solutions during the 3rd quarter worth approximately $299,000. Finally, Oak Thistle LLC acquired a new position in MACOM Technology Solutions during the 3rd quarter worth approximately $333,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analyst Upgrades and Downgrades

MTSI has been the topic of a number of research analyst reports. Truist Financial boosted their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Bank of America upped their target price on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Wall Street Zen downgraded shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $146.56.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.