MACOM Technology Solutions’ (MTSI) “Buy” Rating Reiterated at Truist Financial

Truist Financial reaffirmed their buy rating on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research report sent to investors on Friday,Benzinga reports. They currently have a $180.00 price target on the semiconductor company’s stock, up from their previous price target of $158.00.

Several other equities research analysts have also commented on MTSI. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, October 8th. Needham & Company LLC increased their target price on MACOM Technology Solutions from $150.00 to $175.00 and gave the company 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 report on Wednesday, August 20th. Stifel Nicolaus upped their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $169.44.

MACOM Technology Solutions Price Performance

Shares of MTSI traded up $8.39 during trading hours on Friday, reaching $178.42. The company had a trading volume of 1,460,287 shares, compared to its average volume of 835,828. MACOM Technology Solutions has a 12-month low of $84.00 and a 12-month high of $179.38. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $13.29 billion, a price-to-earnings ratio of -176.65, a PEG ratio of 2.26 and a beta of 1.52. The firm has a 50 day simple moving average of $135.39 and a 200-day simple moving average of $130.90.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. The business had revenue of $261.17 million for the quarter, compared to analyst estimates 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 company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 EPS. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Research analysts expect that MACOM Technology Solutions will post 2.43 earnings per share for the current year.

Insider Buying and Selling

In related news, major shareholder Susan Ocampo sold 150,424 shares of MACOM Technology Solutions stock in a transaction on Monday, September 15th. The stock was sold at an average price of $132.43, for a total value of $19,920,650.32. Following the transaction, the insider owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 1,552,712 shares of company stock worth $210,885,098 over the last ninety days. Corporate insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its stake in MACOM Technology Solutions by 75.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after buying an additional 93 shares during the period. Hantz Financial Services Inc. grew its stake in MACOM Technology Solutions by 174.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 134 shares in the last quarter. SVB Wealth LLC purchased a new stake in MACOM Technology Solutions during the 1st quarter worth approximately $34,000. Smartleaf Asset Management LLC increased its holdings in MACOM Technology Solutions by 108.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of MACOM Technology Solutions by 131.3% in the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 197 shares in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

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.