Wellington Management Group LLP Lowers Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Wellington Management Group LLP lowered its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 22.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,205,711 shares of the semiconductor company’s stock after selling 342,324 shares during the quarter. Wellington Management Group LLP’s holdings in MACOM Technology Solutions were worth $458,616,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of MACOM Technology Solutions during the 3rd quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in MACOM Technology Solutions in the 4th quarter worth approximately $30,000. GHP Investment Advisors Inc. purchased a new stake in MACOM Technology Solutions in the first quarter worth approximately $31,000. Clearstead Advisors LLC boosted its stake in MACOM Technology Solutions by 156.5% in the fourth quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock worth $40,000 after buying an additional 144 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in MACOM Technology Solutions during the fourth quarter valued at approximately $46,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Needham & Company LLC upped 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 note on Thursday, August 6th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Stifel Nicolaus boosted their price target on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, MACOM Technology Solutions presently has an average rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $265.27 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $121.97 and a fifty-two week high of $418.90. The stock has a 50 day moving average price of $299.38 and a two-hundred day moving average price of $293.35. The company has a market capitalization of $20.26 billion, a P/E ratio of 85.30, a PEG ratio of 1.52 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same quarter last year, the business earned $0.90 earnings per share. The business’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 expect that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current year.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total value of $1,005,739.40. Following the sale, the senior vice president owned 29,756 shares of the company’s stock, valued at $11,422,435.72. This trade represents a 8.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. The trade was a 18.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.36% of the company’s stock.

MACOM Technology Solutions 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.