MACOM Technology Solutions (NASDAQ:MTSI) Hits New 52-Week High – Time to Buy?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s stock price reached a new 52-week high on Monday . The stock traded as high as $296.86 and last traded at $294.5940, with a volume of 153264 shares changing hands. The stock had previously closed at $284.18.

Analyst Upgrades and Downgrades

MTSI has been the topic of several research analyst reports. Wall Street Zen cut MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. Truist Financial lifted their target price on MACOM Technology Solutions from $200.00 to $261.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Bank of America lifted their target price on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Loop Capital initiated coverage on MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Needham & Company LLC restated a “buy” rating and issued a $250.00 price objective on shares of MACOM Technology Solutions in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $251.45.

MACOM Technology Solutions Trading Up 2.1%

The company has a market capitalization of $23.24 billion, a price-to-earnings ratio of 145.45, a price-to-earnings-growth ratio of 5.04 and a beta of 1.60. The business has a fifty day moving average price of $247.09 and a 200 day moving average price of $208.24. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.96 and a quick ratio of 3.18.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The company had revenue of $271.61 million during the quarter, compared to analyst estimates of $269.02 million. During the same period in the previous year, the company earned $0.79 earnings per share. The company’s quarterly revenue was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. On average, equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Donghyun Thomas Hwang sold 3,718 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the completion of the transaction, the senior vice president directly owned 34,886 shares in the company, valued at $9,654,351.64. The trade was a 9.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Susan Ocampo sold 261,763 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $254.43, for a total value of $66,600,360.09. Following the transaction, the insider owned 3,759,895 shares of the company’s stock, valued at approximately $956,630,084.85. This trade represents a 6.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 651,557 shares of company stock valued at $161,175,774 in the last three months. 0.36% of the stock is owned by corporate insiders.

Institutional Trading of MACOM Technology Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the company. California Public Employees Retirement System increased its position in shares of MACOM Technology Solutions by 3.9% during the first quarter. California Public Employees Retirement System now owns 110,216 shares of the semiconductor company’s stock valued at $24,476,000 after purchasing an additional 4,104 shares during the period. Bank of New York Mellon Corp increased its position in shares of MACOM Technology Solutions by 4.2% during the first quarter. Bank of New York Mellon Corp now owns 400,926 shares of the semiconductor company’s stock valued at $89,034,000 after purchasing an additional 16,043 shares during the period. Sigma Planning Corp bought a new stake in shares of MACOM Technology Solutions during the first quarter valued at approximately $779,000. Maryland State Retirement & Pension System increased its position in shares of MACOM Technology Solutions by 10.0% during the first quarter. Maryland State Retirement & Pension System now owns 3,384 shares of the semiconductor company’s stock valued at $751,000 after purchasing an additional 309 shares during the period. Finally, State of Michigan Retirement System increased its position in shares of MACOM Technology Solutions by 2.6% during the first quarter. State of Michigan Retirement System now owns 15,500 shares of the semiconductor company’s stock valued at $3,442,000 after purchasing an additional 400 shares during the period. 76.14% of the stock is currently owned by institutional investors.

About MACOM Technology Solutions

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.