Jefferies Financial Group Inc. Reduces Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Jefferies Financial Group Inc. lessened its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 67.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 39,497 shares of the semiconductor company’s stock after selling 81,742 shares during the period. Jefferies Financial Group Inc.’s holdings in MACOM Technology Solutions were worth $5,660,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in MACOM Technology Solutions in the first quarter worth approximately $3,276,000. KLP Kapitalforvaltning AS raised its holdings in shares of MACOM Technology Solutions by 8.3% in the first quarter. KLP Kapitalforvaltning AS now owns 13,000 shares of the semiconductor company’s stock worth $1,305,000 after buying an additional 1,000 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in MACOM Technology Solutions by 22.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 2,154 shares of the semiconductor company’s stock worth $216,000 after acquiring an additional 395 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of MACOM Technology Solutions by 6.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,493 shares of the semiconductor company’s stock worth $1,656,000 after purchasing an additional 973 shares during the period. Finally, Sheaff Brock Investment Advisors LLC boosted its holdings in shares of MACOM Technology Solutions by 6.1% in the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,282 shares of the semiconductor company’s stock valued at $329,000 after acquiring an additional 189 shares during the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 150,424 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $132.43, for a total value of $19,920,650.32. Following the sale, the insider directly owned 3,584,621 shares in the company, valued at $474,711,359.03. The trade was a 4.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 1,813,447 shares of company stock worth $254,191,554 over the last ninety days. Insiders own 16.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on MTSI. TD Cowen upped their price objective on MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Truist Financial reiterated a “buy” rating and issued a $180.00 price objective (up previously from $158.00) on shares of MACOM Technology Solutions in a report on Friday, November 7th. Barclays raised their target price on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $169.44.

MACOM Technology Solutions Price Performance

MTSI stock opened at $165.97 on Tuesday. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve 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 $12.44 billion, a P/E ratio of -164.33, a PEG ratio of 2.26 and a beta of 1.52. The business has a 50 day simple moving average of $142.71 and a 200-day simple moving average of $135.16.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

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.