MACOM Technology Solutions (NASDAQ:MTSI) Price Target Raised to $200.00 at Barclays

MACOM Technology Solutions (NASDAQ:MTSI) had its target price increased by Barclays from $150.00 to $200.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the semiconductor company’s stock.

MTSI has been the topic of several other reports. Needham & Company LLC raised their price objective on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a report on Friday, July 18th. Benchmark upped their price objective on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday. Finally, TD Cowen raised their target price on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $169.44.

MACOM Technology Solutions Trading Up 1.9%

MTSI traded up $3.11 on Friday, reaching $170.03. 1,559,969 shares of the company traded hands, compared to its average volume of 832,909. The company has a market cap of $12.66 billion, a P/E ratio of -168.35, a price-to-earnings-growth 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. MACOM Technology Solutions has a one year low of $84.00 and a one year high of $170.22. The firm has a fifty day simple moving average of $135.39 and a two-hundred day simple moving average of $130.45.

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

Insider Activity

In related news, major shareholder Susan Ocampo sold 8,358 shares of the business’s stock in a transaction on 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 in the company, valued at $386,625,873.34. The trade was a 0.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Robert Dennehy sold 4,128 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were 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 in the company, valued at $917,411.04. This represents a 38.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,552,712 shares of company stock worth $210,885,098. Insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Several hedge funds and other institutional investors have recently modified their holdings of MTSI. Hantz Financial Services Inc. boosted its stake in MACOM Technology Solutions by 174.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 134 shares in the last quarter. SVB Wealth LLC acquired a new position in MACOM Technology Solutions during the 1st quarter valued at approximately $34,000. Smartleaf Asset Management LLC raised its holdings in shares of MACOM Technology Solutions by 108.7% in the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after buying an additional 150 shares during the last quarter. Allworth Financial LP lifted its stake in shares of MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after buying an additional 197 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of MACOM Technology Solutions by 282.4% during the third quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 240 shares during the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

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.