Canada Pension Plan Investment Board Purchases New Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Canada Pension Plan Investment Board initiated a position in MACOM Technology Solutions, buying 39,812 shares worth approximately $15.1 million. Institutional investors collectively own 76.14% of the company.
• MACOM exceeded quarterly expectations, reporting $1.40 in EPS versus the $1.35 consensus and $342.24 million in revenue, up 35.8% year over year. The company forecast fourth-quarter 2026 EPS of $1.97–$2.03.
• Shares opened at $265.27, down 4.3%, while analysts maintained a “Moderate Buy” consensus rating with an average price target of $341.25; company insiders own just 0.36% after recent planned share sales.

Canada Pension Plan Investment Board acquired a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 39,812 shares of the semiconductor company's stock, valued at approximately $15,143,000. Canada Pension Plan Investment Board owned approximately 0.05% of MACOM Technology Solutions at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MTSI. Swedbank AB acquired a new stake in MACOM Technology Solutions in the 1st quarter valued at $13,059,000. Principal Financial Group Inc. lifted its holdings in 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 valued at $43,337,000 after purchasing an additional 57,474 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake 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 purchasing an additional 9,767 shares in the last quarter. Fifth Third Bancorp raised its position in shares of MACOM Technology Solutions by 2,385.6% during the 1st quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company's stock worth $4,101,000 after purchasing an additional 17,725 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in 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 valued at $17,796,000 after buying an additional 100,893 shares in the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Trading Down 4.3%

Shares of MTSI opened at $265.27 on Friday. The firm has a 50-day moving average price of $299.38 and a 200 day moving average price of $293.35. 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 firm has a market capitalization of $20.26 billion, a P/E ratio of 85.30, a P/E/G ratio of 1.59 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping 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 business had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. During the same quarter last year, the firm earned $0.90 EPS. The business's 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. Sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MTSI shares. Susquehanna reduced their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating for the company in a report on Tuesday, July 21st. Stifel Nicolaus lifted their target price on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a "buy" rating in a research note on Wednesday, June 24th. BMO Capital Markets began coverage on shares of MACOM Technology Solutions in a report on Friday, August 21st. They set a "market perform" rating and a $335.00 target price for the company. Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Finally, Barclays upped their price objective on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an "overweight" rating in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, MACOM Technology Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target of $341.25.

Insider Buying and Selling at MACOM Technology Solutions

In other news, CFO John Kober sold 7,389 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the transaction, the chief financial officer directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm's stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the sale, the senior vice president directly owned 29,756 shares of the company's stock, valued at $11,422,435.72. The trade was a 8.09% decrease in their ownership of the stock. 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 company insiders.

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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