OneDigital Investment Advisors LLC bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 2,005 shares of the semiconductor company’s stock, valued at approximately $763,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Advisory Services Network LLC bought a new stake in MACOM Technology Solutions during the 3rd quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in MACOM Technology Solutions during the 4th quarter valued at $30,000. GHP Investment Advisors Inc. bought a new position in MACOM Technology Solutions during the 1st quarter valued at about $31,000. Bayforest Capital Ltd purchased a new stake in MACOM Technology Solutions in the fourth quarter worth approximately $39,000. Finally, Clearstead Advisors LLC increased its position in MACOM Technology Solutions by 156.5% during the fourth quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 144 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.
Wall Street Analyst Weigh In
MTSI has been the topic of several recent research reports. Truist Financial increased their price target on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Barclays lifted their target price on MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Needham & Company LLC increased their price objective on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $341.82.
MACOM Technology Solutions Trading Down 10.6%
Shares of MACOM Technology Solutions stock opened at $292.88 on Wednesday. The firm’s 50 day simple moving average is $316.79 and its two-hundred day simple moving average is $291.46. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.28 and a 12-month high of $418.90. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $22.37 billion, a price-to-earnings ratio of 94.17, a PEG ratio of 1.99 and a beta of 1.70.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The business had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. During the same period in the prior year, the company earned $0.90 earnings per share. The company’s revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current year.
Insider Transactions at MACOM Technology Solutions
In related news, CEO Stephen G. Daly sold 15,828 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the completion of the transaction, the chief executive officer owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. This represents a 29.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the transaction, the senior vice president directly owned 29,756 shares in the company, valued at approximately $11,422,435.72. The trade was a 8.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by corporate insiders.
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.
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