California State Teachers Retirement System Acquires 15,607 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

California State Teachers Retirement System raised its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 24.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,391 shares of the semiconductor company's stock after buying an additional 15,607 shares during the quarter. California State Teachers Retirement System owned 0.10% of MACOM Technology Solutions worth $17,630,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MTSI. GHP Investment Advisors Inc. acquired a new position in shares of MACOM Technology Solutions during the first quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of MACOM Technology Solutions in the fourth quarter worth $30,000. Advisory Services Network LLC acquired a new stake in shares of MACOM Technology Solutions in the third quarter worth $25,000. Bayforest Capital Ltd bought a new position in MACOM Technology Solutions during the fourth quarter worth $39,000. Finally, Clearstead Advisors LLC increased its position in MACOM Technology Solutions by 156.5% during the fourth quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 144 shares during the period. Institutional investors and hedge funds own 76.14% of the company's stock.

Insider Activity at MACOM Technology Solutions

In related news, Director Peter Y. Chung sold 43,268 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $378.20, for a total value of $16,363,957.60. Following the sale, the director owned 6,781 shares of the company's stock, valued at $2,564,574.20. The trade was a 86.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO John Kober sold 7,644 shares of the company's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the completion of the sale, the chief financial officer directly owned 40,972 shares in the company, valued at approximately $14,719,191. The trade was a 15.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 74,378 shares of company stock worth $27,732,022 in the last ninety days. Company insiders own 0.36% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on MTSI. Stifel Nicolaus upped their target price on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday, June 24th. Susquehanna decreased their price target on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. HC Wainwright restated a "buy" rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Zacks Research lowered shares of MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 24th. Finally, Needham & Company LLC upped their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the company a "buy" rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $330.45.

MACOM Technology Solutions Stock Performance

MTSI opened at $251.44 on Monday. The stock has a market cap of $19.18 billion, a PE ratio of 108.85, a P/E/G ratio of 2.06 and a beta of 1.70. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $118.16 and a 1 year high of $418.90. The stock's 50 day simple moving average is $336.21 and its 200-day simple moving average is $285.04.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The firm had revenue of $288.95 million during the quarter, compared to analysts' expectations of $285.20 million. During the same period last year, the business earned $0.85 earnings per share. MACOM Technology Solutions's quarterly revenue was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current year.

About MACOM Technology Solutions

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.

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