Vontobel Holding Ltd. Sells 364 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Vontobel Holding Ltd. trimmed its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 7.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,538 shares of the semiconductor company’s stock after selling 364 shares during the quarter. Vontobel Holding Ltd.’s holdings in MACOM Technology Solutions were worth $650,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions in the first quarter worth about $25,000. SVB Wealth LLC bought a new stake in shares of MACOM Technology Solutions in the first quarter worth about $34,000. Allworth Financial LP increased its holdings in shares of MACOM Technology Solutions by 131.3% in the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 197 shares during the last quarter. Maseco LLP bought a new stake in shares of MACOM Technology Solutions in the second quarter worth about $48,000. Finally, Advisors Asset Management Inc. increased its holdings in shares of MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 161 shares during the last quarter. 76.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MTSI has been the topic of a number of research reports. TD Cowen initiated coverage on shares of MACOM Technology Solutions in a report on Wednesday, October 1st. They issued a “buy” rating and a $150.00 target price on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Bank of America boosted their target price on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Truist Financial boosted their target price on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a report on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.56.

Insider Buying and Selling

In related news, major shareholder Susan Ocampo sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $133.03, for a total transaction of $19,954,500.00. Following the completion of the sale, the insider owned 3,159,710 shares of the company’s stock, valued at $420,336,221.30. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Robert Dennehy sold 5,000 shares of the 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 sale, the senior vice president directly owned 10,680 shares of the company’s stock, valued at $1,358,816.40. The trade was a 31.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 970,711 shares of company stock valued at $128,686,483 in the last three months. 16.30% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Price Performance

Shares of MTSI stock opened at $130.53 on Tuesday. The company’s 50-day simple moving average is $128.20 and its two-hundred day simple moving average is $124.25. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50. The company has a market capitalization of $9.72 billion, a P/E ratio of -129.24, a P/E/G ratio of 1.81 and a beta of 1.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10.

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

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.