MACOM Technology Solutions (NASDAQ:MTSI) Given New $190.00 Price Target at TD Cowen

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective hoisted by analysts at TD Cowen from $150.00 to $190.00 in a report issued on Friday, MarketBeat reports. The firm presently has a “buy” rating on the semiconductor company’s stock. TD Cowen’s price objective suggests a potential upside of 14.10% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. Benchmark increased their target price on MACOM Technology Solutions from $160.00 to $190.00 and gave the company a “buy” rating in a report on Friday. Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.56.

MACOM Technology Solutions Stock Down 0.2%

NASDAQ:MTSI traded down $0.40 during trading hours on Friday, hitting $166.52. 343,616 shares of the company traded hands, compared to its average volume of 826,756. MACOM Technology Solutions has a one year low of $84.00 and a one year high of $169.23. The company has a market cap of $12.40 billion, a PE ratio of -165.97, a PEG ratio of 2.26 and a beta of 1.52. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The firm’s 50-day simple moving average is $134.55 and its 200-day simple moving average is $129.93.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The company had revenue of $261.17 million for the quarter, compared to the consensus estimate of $260.16 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Equities analysts predict that MACOM Technology Solutions will post 2.43 earnings per share for the current year.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Robert Dennehy sold 4,128 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $140.02, for a total value of $578,002.56. Following the transaction, the senior vice president directly owned 6,552 shares of the company’s stock, valued at $917,411.04. The trade was a 38.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Susan Ocampo sold 8,358 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $150.01, for a total transaction of $1,253,783.58. Following the transaction, the insider directly owned 2,577,334 shares of the company’s stock, valued at $386,625,873.34. The trade was a 0.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,552,712 shares of company stock worth $210,885,098 over the last quarter. 16.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Several institutional investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of MACOM Technology Solutions by 3.2% during the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company’s stock worth $13,750,000 after purchasing an additional 4,249 shares in the last quarter. OneDigital Investment Advisors LLC raised its holdings in MACOM Technology Solutions by 27.0% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 511 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in MACOM Technology Solutions during the 2nd quarter valued at about $265,000. US Bancorp DE grew its position in shares of MACOM Technology Solutions by 257.1% during the 2nd quarter. US Bancorp DE now owns 5,989 shares of the semiconductor company’s stock worth $858,000 after buying an additional 4,312 shares during the period. Finally, Emerald Advisers LLC raised its stake in shares of MACOM Technology Solutions by 4.6% during the second quarter. Emerald Advisers LLC now owns 182,648 shares of the semiconductor company’s stock worth $26,172,000 after buying an additional 7,994 shares during the last quarter. 76.14% of the stock is owned by institutional investors.

About MACOM Technology Solutions

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.