MACOM Technology Solutions (NASDAQ:MTSI) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of MACOM Technology Solutions (NASDAQ:MTSI) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

MTSI has been the topic of a number of other research reports. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Susquehanna lowered their price target on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Barclays upped their price objective on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. increased their price target on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock opened at $266.27 on Monday. The firm has a market cap of $20.34 billion, a PE ratio of 85.62, a PEG ratio of 1.48 and a beta of 1.70. The stock has a 50 day moving average of $306.08 and a 200 day moving average of $292.94. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a 12 month low of $121.97 and a 12 month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. The business had revenue of $342.24 million for the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The company’s revenue was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, research analysts expect that MACOM Technology Solutions will post 4.12 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Donghyun Thomas Hwang sold 2,620 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the transaction, the senior vice president owned 29,756 shares of the company’s stock, valued at approximately $11,422,435.72. This represents a 8.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $5,789,091.00. Following the completion of the sale, the chief executive officer directly owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 25,837 shares of company stock valued at $9,204,236 over the last quarter. 0.36% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the business. Bell Investment Advisors Inc purchased a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $49,000. GHP Investment Advisors Inc. bought a new stake in MACOM Technology Solutions during the first quarter valued at about $31,000. Keating Financial Advisory Services Inc. purchased a new position in MACOM Technology Solutions in the second quarter valued at about $58,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of MACOM Technology Solutions during the second quarter valued at about $67,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of MACOM Technology Solutions during the 4th quarter worth approximately $30,000. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Company Profile

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.