MACOM Technology Solutions Holdings, Inc. $MTSI Stock Holdings Increased by Analog Century Management LP

Key Points

• Analog Century Management LP increased its stake in MACOM Technology Solutions by 25%, holding $58.01 million worth of shares, making it the fund's 10th largest position.
• Insider sales were reported, with two senior vice presidents selling a combined total of 10,000 shares, leading to significant decreases in their ownership percentages.
• MACOM Technology Solutions reported a 32.3% year-over-year revenue increase for the last quarter, exceeding revenue estimates and setting positive guidance for future earnings.

Analog Century Management LP lifted its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 25.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 577,893 shares of the semiconductor company's stock after buying an additional 115,532 shares during the period. MACOM Technology Solutions makes up about 4.7% of Analog Century Management LP's investment portfolio, making the stock its 10th biggest position. Analog Century Management LP owned approximately 0.78% of MACOM Technology Solutions worth $58,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of MACOM Technology Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock worth $667,171,000 after buying an additional 129,201 shares during the last quarter. GW&K Investment Management LLC boosted its stake in shares of MACOM Technology Solutions by 9.9% in the 1st quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock worth $127,990,000 after buying an additional 114,780 shares during the last quarter. Millennium Management LLC boosted its stake in shares of MACOM Technology Solutions by 14.8% in the 4th quarter. Millennium Management LLC now owns 850,687 shares of the semiconductor company's stock worth $110,513,000 after buying an additional 109,529 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of MACOM Technology Solutions by 18.4% in the 1st quarter. Jennison Associates LLC now owns 630,406 shares of the semiconductor company's stock worth $63,280,000 after buying an additional 97,943 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of MACOM Technology Solutions by 9.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 617,174 shares of the semiconductor company's stock worth $61,952,000 after buying an additional 51,531 shares during the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MTSI has been the topic of a number of research reports. Stifel Nicolaus raised their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Barclays lifted their target price on MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Truist Financial lifted their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Finally, Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, MACOM Technology Solutions currently has an average rating of "Moderate Buy" and an average target price of $146.13.

Insiders Place Their Bets

In other news, CFO John Kober sold 1,000 shares of the business's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $123.40, for a total value of $123,400.00. Following the transaction, the chief financial officer directly owned 46,128 shares in the company, valued at $5,692,195.20. The trade was a 2.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stephen G. Daly sold 2,380 shares of MACOM Technology Solutions stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $125.70, for a total value of $299,166.00. Following the completion of the sale, the chief executive officer directly owned 24,573 shares in the company, valued at $3,088,826.10. This trade represents a 8.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,180 shares of company stock valued at $1,910,714. Insiders own 16.30% of the company's stock.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock traded down $2.50 during trading hours on Wednesday, hitting $128.55. The company's stock had a trading volume of 247,087 shares, compared to its average volume of 756,604. The business has a 50 day moving average price of $133.97 and a two-hundred day moving average price of $120.50. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $152.50. The company has a market cap of $9.57 billion, a PE ratio of -127.20, a PEG ratio of 2.43 and a beta of 1.49. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business had revenue of $252.08 million for the quarter, compared to the consensus estimate of $249.89 million. During the same period in the previous year, the business earned $0.66 earnings per share. The business's revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

MACOM Technology Solutions 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.