Counterpoint Mutual Funds LLC Buys New Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Counterpoint Mutual Funds LLC acquired a new stake of approximately $414,000 in MACOM Technology Solutions Holdings, purchasing 2,888 shares during the second quarter.
• MACOM's stock has received multiple upgrades from analysts, with target price increases ranging from $140.00 to $160.00, reflecting a market consensus of a "Moderate Buy."
• In the latest earnings report, MACOM reported an earnings per share of $0.90, exceeding estimates and marking a 32.3% year-over-year revenue increase to $252.08 million.

Counterpoint Mutual Funds LLC purchased a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,888 shares of the semiconductor company's stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTSI. Principal Financial Group Inc. boosted its stake in shares of MACOM Technology Solutions by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock worth $13,750,000 after acquiring an additional 4,249 shares in the last quarter. OneDigital Investment Advisors LLC raised its holdings in MACOM Technology Solutions by 27.0% in the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company's stock worth $242,000 after purchasing an additional 511 shares during the period. GAMMA Investing LLC boosted its position in MACOM Technology Solutions by 24.4% during the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company's stock worth $146,000 after purchasing an additional 285 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in MACOM Technology Solutions by 18.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,280 shares of the semiconductor company's stock valued at $329,000 after purchasing an additional 502 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its holdings in MACOM Technology Solutions by 23.6% in the first quarter. Oppenheimer Asset Management Inc. now owns 13,896 shares of the semiconductor company's stock valued at $1,395,000 after purchasing an additional 2,655 shares during the period. Hedge funds and other institutional investors own 76.14% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MTSI shares. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Bank of America increased their price objective on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Stifel Nicolaus lifted their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Truist Financial upped their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $146.13.

MACOM Technology Solutions Stock Performance

Shares of MACOM Technology Solutions stock opened at $128.80 on Wednesday. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The firm has a market cap of $9.59 billion, a PE ratio of -127.52, a price-to-earnings-growth ratio of 2.46 and a beta of 1.49. The business's fifty day simple moving average is $131.32 and its 200-day simple moving average is $122.03. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50.

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

Insider Buying and Selling

In other MACOM Technology Solutions news, Director Jihye Whang Rosenband sold 800 shares of the company's 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 transaction, the director directly owned 7,189 shares in the company, valued at $890,070.09. This represents a 10.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Susan Ocampo sold 150,000 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $133.09, for a total value of $19,963,500.00. Following the transaction, the insider owned 3,372,186 shares of the company's stock, valued at approximately $448,804,234.74. This represents a 4.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 753,235 shares of company stock worth $99,772,780. 16.30% of the stock is owned by corporate insiders.

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.

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