Comerica Bank Has $15.99 Million Stock Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Comerica Bank reduced its stake in MACOM Technology Solutions by 18.1%, now owning 159,257 shares valued at approximately $15.99 million.
• Institutional investors collectively own 76.14% of MACOM Technology Solutions, with several large investors recently modifying their positions, including Nuveen LLC, which acquired a new position worth about $23.77 million.
• MACOM Technology Solutions reported an earnings per share (EPS) of $0.90 for the last quarter, exceeding analyst estimates, and set Q4 2025 guidance at 0.910-0.950 EPS.

Comerica Bank lowered its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 18.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 159,257 shares of the semiconductor company's stock after selling 35,174 shares during the period. Comerica Bank owned 0.21% of MACOM Technology Solutions worth $15,986,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in MACOM Technology Solutions during the first quarter valued at approximately $25,000. Elequin Capital LP acquired a new position in MACOM Technology Solutions during the fourth quarter valued at approximately $26,000. Versant Capital Management Inc grew its holdings in MACOM Technology Solutions by 9,400.0% during the first quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 282 shares during the last quarter. SVB Wealth LLC acquired a new position in MACOM Technology Solutions during the first quarter valued at approximately $34,000. Finally, Allworth Financial LP grew its holdings in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 197 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company's stock.

MACOM Technology Solutions Price Performance

Shares of NASDAQ MTSI traded up $4.26 during midday trading on Thursday, reaching $133.89. 826,569 shares of the company traded hands, compared to its average volume of 853,031. The firm has a market cap of $9.97 billion, a PE ratio of -132.56, a PEG ratio of 2.46 and a beta of 1.38. The stock's 50-day simple moving average is $134.54 and its 200-day simple moving average is $120.37. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $152.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to analysts' expectations of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business's revenue was up 32.3% on a year-over-year basis. During the same period last year, the business earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the company. Bank of America increased their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Barclays increased their price target on MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Truist Financial increased their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.13.

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Jihye Whang Rosenband sold 800 shares of MACOM Technology Solutions stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $123.81, for a total transaction of $99,048.00. Following the completion of the transaction, the director directly owned 7,189 shares of the company's stock, valued at approximately $890,070.09. This trade represents a 10.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Robert Dennehy sold 5,000 shares of MACOM Technology Solutions stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $140.42, for a total value of $702,100.00. Following the transaction, the senior vice president directly owned 15,680 shares of the company's stock, valued at approximately $2,201,785.60. The trade was a 24.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 38,219 shares of company stock valued at $4,908,347. Insiders own 16.30% of the company's stock.

MACOM Technology Solutions Profile

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.