Charles Bland Sells 1,000 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Charles Bland sold 1,000 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $157.79, for a total value of $157,790.00. Following the completion of the sale, the director owned 19,762 shares of the company’s stock, valued at approximately $3,118,245.98. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

MACOM Technology Solutions Trading Down 1.0%

Shares of NASDAQ MTSI traded down $1.61 during trading on Tuesday, hitting $158.22. 773,021 shares of the company were exchanged, compared to its average volume of 837,553. The company has a fifty day moving average price of $139.84 and a 200-day moving average price of $133.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The firm has a market capitalization of $11.78 billion, a PE ratio of -156.65, a P/E/G ratio of 2.26 and a beta of 1.52. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $179.38.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 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 $261.17 million during the quarter, compared to analysts’ expectations of $260.16 million. During the same period last year, the business earned $0.73 earnings per share. MACOM Technology Solutions’s revenue was up 3.6% compared to the same quarter last year. 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 Holdings, Inc. will post 2.43 EPS for the current year.

Institutional Trading of MACOM Technology Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of MACOM Technology Solutions in the second quarter worth $265,000. US Bancorp DE raised its stake in shares of MACOM Technology Solutions by 257.1% in the second quarter. US Bancorp DE now owns 5,989 shares of the semiconductor company’s stock valued at $858,000 after acquiring an additional 4,312 shares in the last quarter. Emerald Advisers LLC boosted its holdings in MACOM Technology Solutions by 4.6% in the second quarter. Emerald Advisers LLC now owns 182,648 shares of the semiconductor company’s stock valued at $26,172,000 after purchasing an additional 7,994 shares during the period. Envestnet Asset Management Inc. boosted its holdings in MACOM Technology Solutions by 29.2% in the second quarter. Envestnet Asset Management Inc. now owns 126,887 shares of the semiconductor company’s stock valued at $18,182,000 after purchasing an additional 28,679 shares during the period. Finally, Truist Financial Corp grew its stake in MACOM Technology Solutions by 1.2% during the 2nd quarter. Truist Financial Corp now owns 38,062 shares of the semiconductor company’s stock worth $5,454,000 after purchasing an additional 449 shares in the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Barclays lifted their price target on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Truist Financial restated a “buy” rating and issued a $180.00 target price (up previously from $158.00) on shares of MACOM Technology Solutions in a research report on Friday, November 7th. TD Cowen upped their price target on MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, 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 research report on Thursday, November 6th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus price target of $169.44.

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.