MACOM Technology Solutions (NASDAQ:MTSI) Stock Price Down 9.2% – Here’s What Happened

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s share price fell 9.2% during trading on Tuesday . The stock traded as low as $295.73 and last traded at $297.4010. Approximately 416,899 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 1,463,107 shares. The stock had previously closed at $327.53.

Analysts Set New Price Targets

MTSI has been the subject of several research reports. Needham & Company LLC lifted their price target on MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Benchmark started coverage on MACOM Technology Solutions in a research report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective on the stock. Zacks Research downgraded MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. Finally, 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. One research 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $341.82.

MACOM Technology Solutions Price Performance

The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average price is $315.10 and its 200 day moving average price is $291.76. The company has a market capitalization of $20.62 billion, a P/E ratio of 86.81, a PEG ratio of 1.68 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current year.

Insider Activity

In other news, CEO Stephen G. Daly sold 15,828 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the sale, the chief executive officer directly 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 firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the completion of the transaction, the senior vice president owned 29,756 shares in the company, valued at $11,422,435.72. The trade was a 8.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 25,837 shares of company stock worth $9,204,236. 0.36% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Several hedge funds have recently bought and sold shares of MTSI. Whale Rock Capital Management LLC acquired a new stake in shares of MACOM Technology Solutions during the 4th quarter worth approximately $134,164,000. Jupiter Topco LLC acquired a new position in shares of MACOM Technology Solutions during the 2nd quarter worth $256,612,000. Bank of America Corp DE bought a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth $247,732,000. Wellington Management Group LLP boosted its stake in MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after buying an additional 634,903 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in MACOM Technology Solutions by 170,782.0% in the fourth quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after acquiring an additional 568,704 shares during the last quarter. 76.14% of the stock is 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.