Allspring Global Investments Holdings LLC Acquires 82,068 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Allspring Global Investments increased its MACOM stake by 22.7% in the third quarter, buying 82,068 shares to hold 444,130 shares valued at about $134 million.
• MACOM’s latest quarter topped estimates: adjusted EPS was $2.09 versus $2.00 expected, and revenue reached $424.82 million, up 62.6% year over year. Its Q1 fiscal 2027 guidance also exceeded analyst expectations.
• Analysts have a Moderate Buy consensus rating and an average price target of $321.67, though some firms recently lowered their targets.

Allspring Global Investments Holdings LLC raised its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 22.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 444,130 shares of the semiconductor company's stock after buying an additional 82,068 shares during the period. Allspring Global Investments Holdings LLC owned about 0.58% of MACOM Technology Solutions worth $133,963,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pictet Asset Management Holding SA raised its stake in shares of MACOM Technology Solutions by 1.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 10,692 shares of the semiconductor company's stock valued at $3,045,000 after acquiring an additional 199 shares during the period. Alps Advisors Inc. acquired a new stake in MACOM Technology Solutions in the 3rd quarter valued at $743,000. CenterBook Partners LP acquired a new stake in MACOM Technology Solutions in the 3rd quarter valued at $859,000. Commonwealth Equity Services LLC increased its holdings in MACOM Technology Solutions by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,700 shares of the semiconductor company's stock valued at $1,339,000 after purchasing an additional 536 shares in the last quarter. Finally, Conestoga Capital Advisors LLC purchased a new position in MACOM Technology Solutions in the third quarter valued at about $16,007,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Raymond James Financial upgraded MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $300.00 price objective on the stock in a research note on Tuesday, October 27th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Weiss Ratings lowered MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, August 21st. Benchmark initiated coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They set a "buy" rating and a $375.00 target price on the stock. Finally, BMO Capital Markets raised MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $335.00 price target on the stock in a research report on Friday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $321.67.

More MACOM Technology Solutions News

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $2.09 topped the $2.00 consensus, while revenue of $424.82 million exceeded the $420.35 million estimate and rose 62.6% year over year. MACOM fiscal Q4 and FY2026 results
• Positive Sentiment: Q1 fiscal 2027 guidance came in above expectations: EPS of $2.21–$2.29 versus the $1.96 consensus and revenue of $450–$460 million versus $431.1 million. The company cited data-center demand, including growing interest in 1.6T products, and expects further growth and margin gains. Q4 earnings and data-center outlook
• Neutral Sentiment: A valuation analysis argued MTSI could be substantially undervalued following its Q4 results, though this is an analytical estimate rather than a company announcement. Valuation analysis
• Negative Sentiment: Despite maintaining a Buy rating, Truist cut its price target to $310 from $375. Needham also lowered its target, to $300 from $410. The reductions may weigh on sentiment even as both firms remain positive on the shares. Truist price-target report
• Negative Sentiment: Market skepticism around supply-chain constraints and shifts in end-market demand appears to have tempered the reaction to strong results, with coverage noting that the stock fell after the sales beat. Market skepticism and supply-chain concerns

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock opened at $210.98 on Monday. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $150.80 and a 1-year high of $418.90. The company has a market capitalization of $16.11 billion, a PE ratio of 49.07, a P/E/G ratio of 0.79 and a beta of 1.82. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.53 and a quick ratio of 1.99. The business has a 50-day moving average of $270.93 and a 200-day moving average of $282.81.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.00 by $0.09. The business had revenue of $424.82 million for the quarter, compared to analysts' expectations of $420.35 million. MACOM Technology Solutions had a return on equity of 22.46% and a net margin of 25.25%. The company's revenue was up 62.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.94 earnings per share. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. As a group, equities analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 7.09 EPS for the current fiscal year.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 1,027 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $236.60, for a total transaction of $242,988.20. Following the sale, the chief financial officer directly owned 34,405 shares in the company, valued at $8,140,223. The trade was a 2.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $275.20, for a total value of $69,350.40. Following the sale, the chief operating officer owned 12,758 shares in the company, valued at $3,511,001.60. This represents a 1.94% 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 sold a total of 9,321 shares of company stock worth $2,917,644 in the last 90 days. 0.36% of the stock is owned by corporate insiders.

About MACOM Technology Solutions

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.

The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.

Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.

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