Summitry LLC Purchases Shares of 1,649 MACOM Technology Solutions Holdings, Inc. $MTSI

Summitry LLC purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,649 shares of the semiconductor company’s stock, valued at approximately $282,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its stake in shares of MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 161 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of MACOM Technology Solutions by 9.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company’s stock worth $15,778,000 after acquiring an additional 13,215 shares during the last quarter. Focus Partners Wealth raised its stake in shares of MACOM Technology Solutions by 121.3% in the first quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company’s stock worth $676,000 after acquiring an additional 3,694 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of MACOM Technology Solutions in the second quarter worth about $372,000. Finally, Marshall Wace LLP bought a new stake in shares of MACOM Technology Solutions during the second quarter worth approximately $544,000. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MTSI has been the subject of a number of recent research reports. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Jefferies Financial Group boosted their price target on shares of MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Truist Financial boosted 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 note on Friday, May 8th. Susquehanna boosted their price target on shares of MACOM Technology Solutions from $300.00 to $350.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Stifel Nicolaus boosted their price target on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of $321.36.

Insider Buying and Selling at MACOM Technology Solutions

In related news, Director Peter Y. Chung sold 43,268 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the transaction, the director owned 6,781 shares in the company, valued at approximately $2,564,574.20. This represents a 86.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Donghyun Thomas Hwang sold 3,718 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the transaction, the senior vice president owned 34,886 shares of the company’s stock, valued at $9,654,351.64. The trade was a 9.63% 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. Insiders have sold a total of 78,046 shares of company stock valued at $26,478,221 in the last three months. 0.36% of the stock is currently owned by insiders.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $409.68 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $118.16 and a 12 month high of $413.75. The firm has a fifty day simple moving average of $286.28 and a 200 day simple moving average of $230.80. The stock has a market capitalization of $31.26 billion, a price-to-earnings ratio of 177.35, a PEG ratio of 3.20 and a beta of 1.60. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The business had revenue of $288.96 million during the quarter, compared to analysts’ expectations of $285.20 million. During the same quarter in the prior year, the company posted $0.85 earnings per share. The firm’s revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.65 EPS for the current fiscal year.

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.