Amundi Acquires Shares of 58,090 MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Amundi acquired a new stake in MACOM Technology Solutions, purchasing 58,090 shares valued at approximately $5.35 million, which now represents 0.08% of the company's stock.
• Several institutional investors, including Captrust Financial Advisors and Nuveen Asset Management, have significantly increased their positions in MACOM during the fourth quarter, indicating strong investor confidence.
• Analysts have upgraded MACOM's stock from "strong sell" to "hold," with multiple firms, including Bank of America and Stifel Nicolaus, issuing "buy" ratings and raising their price targets to between $155 and $160.

Amundi bought a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 58,090 shares of the semiconductor company's stock, valued at approximately $5,354,000. Amundi owned approximately 0.08% of MACOM Technology Solutions as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MTSI. Opal Wealth Advisors LLC acquired a new stake in shares of MACOM Technology Solutions during the 1st quarter worth about $25,000. Elequin Capital LP acquired a new position in MACOM Technology Solutions during the fourth quarter worth approximately $26,000. Versant Capital Management Inc increased its position in MACOM Technology Solutions by 9,400.0% during the first quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock worth $29,000 after buying an additional 282 shares during the period. SVB Wealth LLC acquired a new position in MACOM Technology Solutions during the first quarter worth approximately $34,000. Finally, Allworth Financial LP increased its position in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock worth $37,000 after buying an additional 197 shares during the period. Institutional investors and hedge funds own 76.14% of the company's stock.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Jihye Whang Rosenband sold 800 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $123.81, for a total transaction of $99,048.00. Following the completion of the sale, the director owned 7,189 shares of the company's stock, valued at approximately $890,070.09. The trade was a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Kober sold 1,000 shares of the business's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $123.40, for a total value of $123,400.00. Following the sale, the chief financial officer directly owned 46,128 shares of the company's stock, valued at approximately $5,692,195.20. This trade represents a 2.12% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 395,376 shares of company stock valued at $52,285,626. Corporate insiders own 16.30% of the company's stock.

MACOM Technology Solutions Price Performance

Shares of NASDAQ MTSI traded down $0.24 during trading on Tuesday, reaching $131.18. The company had a trading volume of 649,083 shares, compared to its average volume of 719,823. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve month high of $152.50. The stock has a market capitalization of $9.77 billion, a PE ratio of -129.88, a price-to-earnings-growth ratio of 2.49 and a beta of 1.49. The stock has a 50-day moving average price of $132.12 and a two-hundred day moving average price of $121.27. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business's quarterly revenue was up 32.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on MTSI shares. Bank of America lifted their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Stifel Nicolaus lifted their target price on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Finally, Truist Financial lifted their price target on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research note on Monday, July 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $146.13.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.