Comerica Bank Sells 140,372 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Comerica Bank reduced its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 88.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,059 shares of the semiconductor company's stock after selling 140,372 shares during the quarter. Comerica Bank's holdings in MACOM Technology Solutions were worth $3,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in MTSI. Advisors Asset Management Inc. boosted its position in shares of MACOM Technology Solutions by 49.7% in the 1st quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company's stock worth $49,000 after purchasing an additional 161 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of MACOM Technology Solutions by 9.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company's stock worth $15,778,000 after purchasing an additional 13,215 shares in the last quarter. Focus Partners Wealth boosted its position in shares of MACOM Technology Solutions by 121.3% in the 1st quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company's stock worth $676,000 after purchasing an additional 3,694 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth approximately $372,000. Finally, Marshall Wace LLP bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth approximately $544,000. 76.14% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on MTSI. Needham & Company LLC reaffirmed a "buy" rating and issued a $250.00 price objective on shares of MACOM Technology Solutions in a research report on Friday, February 6th. Benchmark upped their price objective on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Zacks Research cut MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 29th. Loop Capital began coverage on MACOM Technology Solutions in a research report on Friday, April 10th. They issued a "buy" rating and a $300.00 price objective on the stock. Finally, Wall Street Zen cut MACOM Technology Solutions from a "buy" rating to a "hold" rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $251.45.

MACOM Technology Solutions Stock Performance

MTSI stock opened at $284.18 on Monday. The stock's 50 day simple moving average is $244.61 and its 200 day simple moving average is $205.85. The stock has a market capitalization of $21.32 billion, a PE ratio of 133.42, a price-to-earnings-growth ratio of 4.72 and a beta of 1.60. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $108.21 and a 12-month high of $294.00.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.03. The firm had revenue of $271.61 million for the quarter, compared to analysts' expectations of $269.02 million. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The company's revenue was up 24.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.79 EPS. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. As a group, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO John Kober sold 7,196 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $243.07, for a total transaction of $1,749,131.72. Following the transaction, the chief financial officer directly owned 48,508 shares of the company's stock, valued at $11,790,839.56. This represents a 12.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Robert Dennehy sold 18,398 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $245.25, for a total value of $4,512,109.50. Following the transaction, the chief operating officer directly owned 12,864 shares in the company, valued at $3,154,896. The trade was a 58.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 747,839 shares of company stock valued at $183,175,854 in the last ninety days. 0.36% of the stock is currently 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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