Legal & General Group Plc Makes New Investment in MACOM Technology Solutions Holdings, Inc. $MTSI

Legal & General Group Plc purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 95,152 shares of the semiconductor company’s stock, valued at approximately $36,193,000.

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

Insider Transactions at MACOM Technology Solutions

In related news, 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 completion of the sale, the chief financial officer directly owned 33,583 shares in the company, valued at $10,950,744.64. This represents a 18.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the transaction, the senior vice president owned 29,756 shares in the company, valued at approximately $11,422,435.72. The trade was a 8.09% 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 own 0.36% of the company’s stock.

MACOM Technology Solutions Price Performance

MTSI stock opened at $265.27 on Friday. The firm has a market cap of $20.26 billion, a P/E ratio of 85.30, a P/E/G ratio of 1.59 and a beta of 1.70. The firm’s fifty day moving average is $299.38 and its 200 day moving average is $293.35. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $121.97 and a 52 week high of $418.90. 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 (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share 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 business had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. During the same period in the previous year, the firm posted $0.90 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Benchmark initiated coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective for the company. Stifel Nicolaus upped their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Truist Financial lifted their target price on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Weiss Ratings cut shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $341.25.

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.