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362,727 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Acquired by Deutsche Bank AG

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Deutsche Bank AG purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 362,727 shares of the semiconductor company's stock, valued at approximately $137,970,000. Deutsche Bank AG owned approximately 0.48% of MACOM Technology Solutions at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MTSI. Bell Investment Advisors Inc bought a new position in shares of MACOM Technology Solutions during the second quarter valued at $49,000. GHP Investment Advisors Inc. acquired a new stake in shares of MACOM Technology Solutions in the 1st quarter valued at $31,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth about $67,000. Measured Wealth Private Client Group LLC bought a new stake in shares of MACOM Technology Solutions in the 4th quarter worth about $30,000. Finally, Advisory Services Network LLC acquired a new stake in shares of MACOM Technology Solutions during the 3rd quarter worth about $25,000. 76.14% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MTSI has been the subject of several analyst reports. Needham & Company LLC lifted their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Benchmark initiated coverage on shares of MACOM Technology Solutions in a research note on Thursday, August 13th. They set a "buy" rating and a $375.00 price objective on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of MACOM Technology Solutions in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Finally, Barclays boosted their target price on MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an "overweight" rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $341.82.

Get Our Latest Report on MACOM Technology Solutions

Insider Activity

In related news, CFO John Kober sold 7,389 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the sale, the chief financial officer owned 33,583 shares of the company's stock, valued at $10,950,744.64. This trade represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the company's stock in a transaction 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 directly owned 29,756 shares in the company, valued at approximately $11,422,435.72. This represents a 8.09% 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 25,837 shares of company stock valued at $9,204,236 over the last three months. 0.36% of the stock is owned by insiders.

MACOM Technology Solutions Stock Down 7.8%

Shares of NASDAQ MTSI opened at $269.98 on Thursday. The firm's 50-day simple moving average is $315.10 and its 200 day simple moving average is $291.76. The company has a market cap of $20.62 billion, a price-to-earnings ratio of 86.81, a price-to-earnings-growth ratio of 1.68 and a beta of 1.70. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.28 and a 12-month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $336.08 million. During the same quarter last year, the company posted $0.90 EPS. The company's quarterly revenue was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current fiscal year.

MACOM Technology Solutions Profile

(Free Report)

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.

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Institutional Ownership by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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