Bright Rock Capital Management LLC Makes New Investment in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Bright Rock Capital Management initiated a position in MACOM Technology Solutions, buying 5,500 shares valued at approximately $1.57 million. Institutional investors and hedge funds collectively own 76.14% of the company.
• MACOM reported quarterly revenue of $342.24 million, up 35.8% year over year, and EPS of $1.40, exceeding analyst expectations. The company guided for fourth-quarter 2026 EPS of $1.97–$2.03.
• Analyst sentiment remains favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $341.25. Shares recently traded near $324.82, while CFO John Kober and COO Robert Dennehy disclosed sales conducted under pre-arranged trading plans.

Bright Rock Capital Management LLC bought a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,500 shares of the semiconductor company's stock, valued at approximately $1,567,000.

Several other large investors also recently modified their holdings of the stock. Swedbank AB bought a new stake in shares of MACOM Technology Solutions during the 1st quarter worth approximately $13,059,000. Azzad Asset Management Inc. ADV lifted its stake in 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 purchasing an additional 9,767 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of MACOM Technology Solutions by 41.7% during the 1st quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company's stock worth $43,337,000 after buying an additional 57,474 shares during the last quarter. Fifth Third Bancorp grew its position in MACOM Technology Solutions by 2,385.6% in the first quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company's stock valued at $4,101,000 after acquiring an additional 17,725 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in MACOM Technology Solutions by 15.5% in the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company's stock valued at $174,109,000 after acquiring an additional 105,032 shares during the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO John Kober sold 7,389 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the sale, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. This represents a 18.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $275.20, for a total value of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares of the company's stock, valued at $3,511,001.60. This trade represents a 1.94% decrease in their position. 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. 0.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Susquehanna lowered their price objective on 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. Zacks Research upgraded shares of MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 24th. Weiss Ratings cut shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, August 21st. Finally, Needham & Company LLC lifted their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $341.25.

MACOM Technology Solutions Trading Up 1.0%

MTSI stock traded up $3.23 during mid-day trading on Monday, reaching $324.82. The company's stock had a trading volume of 299,502 shares, compared to its average volume of 1,433,114. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. The business's 50 day moving average price is $275.50 and its 200 day moving average price is $300.26. The company has a market cap of $24.81 billion, a price-to-earnings ratio of 104.44, a price-to-earnings-growth ratio of 1.10 and a beta of 1.77.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $342.24 million for the quarter, compared to the consensus estimate of $336.08 million. During the same quarter in the previous year, the company earned $0.90 EPS. MACOM Technology Solutions's quarterly revenue was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc NASDAQ: MTSI is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.

The company's product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.

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