8,500 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Bought by Harber Asset Management LLC

Key Points

• Harber Asset Management purchased 8,500 MACOM Technology Solutions shares worth approximately $3.23 million, making MTSI 1.9% of its portfolio. Institutional investors collectively own 76.14% of the company.
• MACOM insiders sold 25,837 shares worth approximately $9.2 million over the past 90 days, including sales by the CFO and a senior vice president under pre-arranged Rule 10b5-1 plans.
• The company reported quarterly EPS of $1.40 and revenue of $342.24 million, beating analyst estimates and representing 35.8% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus with an average price target of $341.25.

Harber Asset Management LLC purchased a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,500 shares of the semiconductor company's stock, valued at approximately $3,233,000. MACOM Technology Solutions accounts for 1.9% of Harber Asset Management LLC's holdings, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new position in MACOM Technology Solutions in the 2nd quarter worth about $49,000. GHP Investment Advisors Inc. acquired a new stake in MACOM Technology Solutions in the first quarter valued at approximately $31,000. Keating Financial Advisory Services Inc. acquired a new stake in MACOM Technology Solutions in the second quarter valued at approximately $58,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in MACOM Technology Solutions in the second quarter valued at approximately $67,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of MACOM Technology Solutions in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 76.14% of the company's stock.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 2,620 shares of MACOM Technology Solutions stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the sale, the senior vice president owned 29,756 shares of the company's stock, valued at $11,422,435.72. The trade was a 8.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the company's stock in a transaction on 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 sale, the chief financial officer directly owned 33,583 shares of the company's stock, valued at $10,950,744.64. The trade was a 18.03% decrease in their position. 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. In the last 90 days, insiders have sold 25,837 shares of company stock worth $9,204,236. Corporate insiders own 0.36% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their target price on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a research note on Friday, May 8th. 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 research note on Thursday, August 6th. Stifel Nicolaus boosted their price target 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. Weiss Ratings restated a "hold (c+)" rating on shares of MACOM Technology Solutions in a research report on Wednesday, August 5th. Finally, Susquehanna decreased their price objective on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating on the stock in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and an average price target of $341.25.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock opened at $266.61 on Friday. The stock has a market capitalization of $20.36 billion, a P/E ratio of 85.73, a PEG ratio of 1.53 and a beta of 1.70. The business has a 50 day simple moving average of $310.66 and a two-hundred day simple moving average of $291.91. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. During the same period in the previous year, the company posted $0.90 earnings per share. The business's revenue 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. As a group, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current fiscal year.

MACOM Technology Solutions Company 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.

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