MACOM Technology Solutions Holdings, Inc. $MTSI Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC lessened its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 20.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,610 shares of the semiconductor company’s stock after selling 16,891 shares during the period. Peregrine Capital Management LLC’s holdings in MACOM Technology Solutions were worth $14,792,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in MACOM Technology Solutions by 22.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 98,880 shares of the semiconductor company’s stock worth $16,936,000 after acquiring an additional 18,096 shares in the last quarter. SG Americas Securities LLC boosted its holdings in MACOM Technology Solutions by 33.9% in the 4th quarter. SG Americas Securities LLC now owns 54,033 shares of the semiconductor company’s stock worth $9,255,000 after acquiring an additional 13,668 shares during the period. FengHe Fund Management Pte. Ltd. acquired a new stake in MACOM Technology Solutions in the fourth quarter valued at approximately $90,663,000. Boothbay Fund Management LLC grew its position in MACOM Technology Solutions by 42.7% in the third quarter. Boothbay Fund Management LLC now owns 22,389 shares of the semiconductor company’s stock valued at $2,787,000 after acquiring an additional 6,704 shares in the last quarter. Finally, New York Life Investment Management LLC purchased a new stake in shares of MACOM Technology Solutions during the fourth quarter valued at approximately $1,033,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Truist Financial boosted their target price on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lifted their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Loop Capital started coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 price target on the stock. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Needham & Company LLC upped their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $335.00.

Insider Transactions at MACOM Technology Solutions

In related news, CFO John Kober sold 7,644 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $359.25, for a total value of $2,746,107.00. Following the sale, the chief financial officer directly owned 40,972 shares of the company’s stock, valued at $14,719,191. This represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles R. Bland sold 800 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $380.00, for a total transaction of $304,000.00. Following the transaction, the director owned 14,338 shares in the company, valued at $5,448,440. This trade represents a 5.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 78,096 shares of company stock valued at $28,760,941 over the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Price Performance

MTSI stock opened at $380.37 on Wednesday. The stock’s 50 day moving average is $355.00 and its two-hundred day moving average is $266.82. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $118.16 and a 52-week high of $418.90. The company has a market capitalization of $29.02 billion, a PE ratio of 164.66, a P/E/G ratio of 3.06 and a beta of 1.66. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The company had revenue of $288.95 million during the quarter, compared to analysts’ expectations of $285.20 million. During the same period in the prior year, the business posted $0.85 EPS. The business’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. Analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current fiscal year.

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.