2,491 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI Acquired by Kopp Family Office LLC

Kopp Family Office LLC purchased a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,491 shares of the semiconductor company’s stock, valued at approximately $709,000. MACOM Technology Solutions comprises about 0.4% of Kopp Family Office LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jupiter Topco LLC purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $256,612,000. Bank of America Corp DE purchased a new stake in shares of MACOM Technology Solutions in the second quarter worth approximately $247,732,000. Bank of New York Mellon Corp purchased a new stake in shares of MACOM Technology Solutions in the second quarter worth approximately $204,593,000. Janus Henderson Group PLC raised its holdings in shares of MACOM Technology Solutions by 15.5% in the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after buying an additional 105,032 shares during the period. Finally, Deutsche Bank AG bought a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth approximately $137,970,000. 76.14% of the stock is owned by hedge funds and other institutional investors.

MACOM Technology Solutions Stock Performance

MACOM Technology Solutions stock opened at $273.05 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. The company has a market capitalization of $20.85 billion, a PE ratio of 87.80, a P/E/G ratio of 0.87 and a beta of 1.77. The company has a 50 day moving average price of $282.61 and a 200-day moving average price of $307.03. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $133.35 and a fifty-two week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data 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. The company had revenue of $342.24 million for 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%. MACOM Technology Solutions’s revenue was up 35.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, equities analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.

Insider Buying and Selling

In other MACOM Technology Solutions news, SVP Ambra Roth sold 653 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $300.00, for a total transaction of $195,900.00. Following the transaction, the senior vice president directly owned 9,184 shares in the company, valued at $2,755,200. This represents a 6.64% 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 stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the transaction, the chief financial officer owned 33,583 shares in the company, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,294 shares of company stock valued at $2,674,656 over the last three months. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

MTSI has been the subject of a number of recent analyst reports. Susquehanna dropped their price objective on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating for the company in a report on Tuesday, July 21st. Weiss Ratings downgraded MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Needham & Company LLC increased their target price on MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Finally, BMO Capital Markets raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price for the company in a research note on Friday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $341.25.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.