MACOM Technology Solutions Holdings, Inc. $MTSI Shares Purchased by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC boosted its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 59.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,137 shares of the semiconductor company’s stock after buying an additional 9,417 shares during the period. Orion Porfolio Solutions LLC’s holdings in MACOM Technology Solutions were worth $3,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Russell Investments Group Ltd. increased its holdings in shares of MACOM Technology Solutions by 87.1% during the first quarter. Russell Investments Group Ltd. now owns 13,396 shares of the semiconductor company’s stock valued at $1,345,000 after acquiring an additional 6,236 shares in the last quarter. Raymond James Financial Inc. grew its position in MACOM Technology Solutions by 90.6% during the 1st quarter. Raymond James Financial Inc. now owns 126,586 shares of the semiconductor company’s stock worth $12,707,000 after purchasing an additional 60,160 shares during the last quarter. Brooklyn Investment Group increased its stake in MACOM Technology Solutions by 60,900.0% during the 1st quarter. Brooklyn Investment Group now owns 610 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 609 shares in the last quarter. Northern Trust Corp raised its holdings in shares of MACOM Technology Solutions by 3.2% in the first quarter. Northern Trust Corp now owns 494,315 shares of the semiconductor company’s stock worth $49,619,000 after buying an additional 15,269 shares during the last quarter. Finally, Credit Agricole S A grew its holdings in shares of MACOM Technology Solutions by 73.9% during the first quarter. Credit Agricole S A now owns 11,270 shares of the semiconductor company’s stock valued at $1,131,000 after buying an additional 4,791 shares during the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Truist Financial reissued a “buy” rating and issued a $180.00 target price (up from $158.00) on shares of MACOM Technology Solutions in a research report on Friday, November 7th. TD Cowen increased their price objective on MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a report on Friday, November 7th. Benchmark raised their price objective on MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Finally, Susquehanna began coverage on shares of MACOM Technology Solutions in a report on Monday. They issued a “neutral” rating and a $200.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.50.

Insider Activity

In related news, major shareholder Susan Ocampo sold 150,000 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $136.02, for a total transaction of $20,403,000.00. Following the sale, the insider directly owned 2,956,606 shares of the company’s stock, valued at approximately $402,157,548.12. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last ninety days, insiders have sold 1,395,384 shares of company stock valued at $216,284,885. Insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Stock Down 4.2%

Shares of MTSI opened at $168.31 on Thursday. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of -207.79, a PEG ratio of 2.47 and a beta of 1.47. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $190.95. The stock’s 50-day moving average price is $159.67 and its 200-day moving average price is $141.71. The company has a quick ratio of 2.98, a current ratio of 3.71 and a debt-to-equity ratio of 0.31.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.38% and a negative net margin of 5.60%.The company 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 quarterly revenue was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

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.