Assenagon Asset Management S.A. Grows Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Assenagon Asset Management increased its MACOM stake by 471.4% in the second quarter, bringing its holdings to 137,233 shares valued at approximately $52.2 million. Institutional investors and hedge funds collectively own 76.14% of the company.
• MACOM reported strong fiscal Q3 results, with EPS of $1.40 and revenue up 35.8% year over year to $342.24 million, both exceeding analyst expectations. Management issued significantly higher-than-consensus Q4 guidance, citing accelerating data-center demand and record bookings.
• Analysts maintain a generally bullish view, with a “Moderate Buy” consensus and average price target of $331.36, although the stock’s elevated valuation and recent insider selling could increase downside risk if growth slows.

Assenagon Asset Management S.A. boosted its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 471.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,233 shares of the semiconductor company's stock after buying an additional 113,214 shares during the quarter. Assenagon Asset Management S.A. owned 0.18% of MACOM Technology Solutions worth $52,199,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MTSI. Swedbank AB acquired a new position in shares of MACOM Technology Solutions in the 1st quarter valued at about $13,059,000. Principal Financial Group Inc. grew its position in shares of MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company's stock worth $43,337,000 after acquiring an additional 57,474 shares during the last quarter. Azzad Asset Management Inc. ADV grew its position in shares of MACOM Technology Solutions by 94.4% during the first quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company's stock worth $4,466,000 after acquiring an additional 9,767 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of MACOM Technology Solutions by 2,385.6% in the 1st quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company's stock worth $4,101,000 after acquiring an additional 17,725 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of MACOM Technology Solutions by 5,004.6% in the 4th quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company's stock worth $17,796,000 after acquiring an additional 100,893 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

More MACOM Technology Solutions News

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

• Positive Sentiment: Fiscal Q3 2026 earnings per share rose to $1.40 from $0.90 a year earlier, beating the $1.34–$1.35 analyst consensus. Revenue increased 35.8% year over year to $342.24 million, also exceeding expectations of approximately $335.5 million. MTSI Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: MACOM issued fiscal Q4 EPS guidance of $1.97–$2.03 and revenue guidance of $415 million–$425 million, far above consensus estimates of $1.49 and $364.1 million, respectively. MTSI Q3 Earnings Call Highlights Data Center Growth Outlook
• Positive Sentiment: Management highlighted accelerating data-center demand, record bookings and greater operating leverage, suggesting that growth may continue beyond the latest quarter. MACOM Reports Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: Needham raised its price target from $400 to $410 and maintained a Buy rating. Analysts overall maintain a “Moderate Buy” consensus, reinforcing bullish sentiment. MACOM Receives Moderate Buy Consensus
• Neutral Sentiment: At approximately $310.82, MTSI remains well below its 52-week high of $418.90 but trades at a lofty trailing P/E ratio of about 135, leaving the shares sensitive to any slowdown in data-center growth or guidance.

Analysts Set New Price Targets

A number of research firms have issued reports on MTSI. Zacks Research cut shares of MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 24th. Stifel Nicolaus lifted their price target on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Barclays boosted their price objective on MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. increased their price objective on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. Finally, Bank of America raised their target price on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a "buy" rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $331.36.

MACOM Technology Solutions Trading Up 3.0%

MACOM Technology Solutions stock opened at $310.82 on Friday. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.16 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 5.84. The stock has a market capitalization of $23.72 billion, a PE ratio of 99.94, a price-to-earnings-growth ratio of 2.55 and a beta of 1.70. The firm has a 50 day simple moving average of $325.26 and a 200-day simple moving average of $286.80.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million for the quarter, compared to analysts' expectations of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm's quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles R. Bland sold 800 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $380.00, for a total transaction of $304,000.00. Following the transaction, the director directly owned 14,338 shares of the company's stock, valued at $5,448,440. The trade was a 5.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter Y. Chung sold 43,268 shares of MACOM Technology Solutions stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $378.20, for a total value of $16,363,957.60. Following the transaction, the director directly owned 6,781 shares in the company, valued at approximately $2,564,574.20. The trade was a 86.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 74,378 shares of company stock worth $27,732,022. 0.36% of the stock is owned by corporate insiders.

MACOM Technology Solutions 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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