Algert Global LLC Increases Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Algert Global increased its MACOM Technology Solutions stake by 59.4% in the second quarter, purchasing 17,100 additional shares and bringing its holdings to 45,900 shares valued at approximately $17.5 million. Institutional investors collectively own 76.14% of the company.
• MACOM’s latest quarterly results exceeded expectations, with EPS of $1.40 versus the $1.35 consensus and revenue of $342.24 million, up 35.8% year over year. Shares opened at $257.43, down 3.4%, and remain well below their 52-week high of $418.90.
• Analyst sentiment remains positive but mixed, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $341.25. Meanwhile, company insiders sold 25,837 shares worth about $9.2 million over the last quarter under pre-arranged trading plans.

Algert Global LLC boosted its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 59.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,900 shares of the semiconductor company's stock after purchasing an additional 17,100 shares during the quarter. Algert Global LLC owned approximately 0.06% of MACOM Technology Solutions worth $17,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new stake in MACOM Technology Solutions in the 3rd quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of MACOM Technology Solutions during the 4th quarter worth about $30,000. GHP Investment Advisors Inc. purchased a new position in shares of MACOM Technology Solutions during the 1st quarter worth about $31,000. Clearstead Advisors LLC boosted its position in shares of MACOM Technology Solutions by 156.5% in the fourth 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 acquired a new stake in shares of MACOM Technology Solutions in the fourth quarter worth approximately $46,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Donghyun Thomas Hwang sold 2,620 shares of the stock in a transaction dated 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 completion of the sale, the senior vice president owned 29,756 shares in the company, valued at approximately $11,422,435.72. This trade represents a 8.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen G. Daly sold 15,828 shares of the firm's stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $365.75, for a total value of $5,789,091.00. Following the sale, the chief executive officer owned 38,389 shares in the company, valued at approximately $14,040,776.75. The trade was a 29.19% 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 have sold a total of 25,837 shares of company stock worth $9,204,236 over the last quarter. 0.36% of the stock is owned by corporate insiders.

MACOM Technology Solutions Trading Down 3.4%

Shares of MTSI stock opened at $257.43 on Tuesday. The stock has a market cap of $19.66 billion, a price-to-earnings ratio of 82.78, a price-to-earnings-growth ratio of 1.53 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 fifty-two week low of $121.97 and a fifty-two week high of $418.90. The firm's 50 day moving average price is $308.12 and its two-hundred day moving average price is $292.58.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. The company had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business's quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current year.

Analysts Set New Price Targets

MTSI has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Zacks Research lowered shares of MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a report on Friday, July 24th. BMO Capital Markets initiated coverage on shares of MACOM Technology Solutions in a research note on Friday. They set a "market perform" rating and a $335.00 price objective for the company. Susquehanna lowered their price objective on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Finally, Stifel Nicolaus upped their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price 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.

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