Amalgamated Bank Increases Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Amalgamated Bank raised its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 2.0% during the second quarter, HoldingsChannel reports. The firm owned 27,711 shares of the semiconductor company’s stock after buying an additional 554 shares during the quarter. Amalgamated Bank’s holdings in MACOM Technology Solutions were worth $3,971,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of MACOM Technology Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company’s stock valued at $667,171,000 after purchasing an additional 129,201 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of MACOM Technology Solutions by 2.4% in the 1st quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company’s stock valued at $147,436,000 after purchasing an additional 34,214 shares during the last quarter. GW&K Investment Management LLC increased its position in shares of MACOM Technology Solutions by 9.9% in the 1st quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company’s stock valued at $127,990,000 after purchasing an additional 114,780 shares during the last quarter. Jennison Associates LLC increased its position in shares of MACOM Technology Solutions by 18.4% in the 1st quarter. Jennison Associates LLC now owns 630,406 shares of the semiconductor company’s stock valued at $63,280,000 after purchasing an additional 97,943 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of MACOM Technology Solutions by 9.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 617,174 shares of the semiconductor company’s stock valued at $61,952,000 after purchasing an additional 51,531 shares during the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO John Kober sold 1,497 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $145.53, for a total transaction of $217,858.41. Following the completion of the sale, the chief financial officer owned 43,580 shares in the company, valued at $6,342,197.40. This represents a 3.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert Dennehy sold 4,128 shares of MACOM Technology Solutions stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $140.02, for a total transaction of $578,002.56. Following the completion of the transaction, the senior vice president owned 6,552 shares in the company, valued at approximately $917,411.04. This trade represents a 38.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,553,712 shares of company stock worth $211,008,498 in the last 90 days. Company insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Stock Down 1.6%

Shares of NASDAQ:MTSI opened at $148.13 on Monday. The stock has a market cap of $11.03 billion, a P/E ratio of -146.66, a P/E/G ratio of 2.26 and a beta of 1.48. The firm has a fifty day moving average price of $132.70 and a 200 day moving average price of $128.83. 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 Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $154.86.

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

Analyst Ratings Changes

MTSI has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Truist Financial increased 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 upgraded shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Stifel Nicolaus increased their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.50.

MACOM Technology Solutions 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.