Dynamic Technology Lab Private Ltd Reduces Stock Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Dynamic Technology Lab Private Ltd reduced its stake in MACOM Technology Solutions Holdings, Inc. by 79.8%, holding only 3,162 shares worth approximately $317,000 after selling 12,518 shares in the first quarter.
• Analysts have increased their price targets for MACOM Technology Solutions, with estimated ranges between $154.00 and $160.00, and the stock currently has a consensus rating of "Moderate Buy".
• MACOM Technology Solutions reported a 32.3% increase in quarterly revenue year-over-year, posting $252.08 million, while its earnings per share exceeded analysts' estimates by one cent.

Dynamic Technology Lab Private Ltd decreased its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 79.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,162 shares of the semiconductor company's stock after selling 12,518 shares during the period. Dynamic Technology Lab Private Ltd's holdings in MACOM Technology Solutions were worth $317,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. State of Wyoming lifted its holdings in shares of MACOM Technology Solutions by 8.2% in the 1st quarter. State of Wyoming now owns 1,635 shares of the semiconductor company's stock valued at $164,000 after buying an additional 124 shares during the period. Securian Asset Management Inc. grew its holdings in MACOM Technology Solutions by 3.2% during the first quarter. Securian Asset Management Inc. now owns 4,517 shares of the semiconductor company's stock worth $453,000 after acquiring an additional 139 shares during the period. Advisors Asset Management Inc. raised its position in MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company's stock worth $49,000 after acquiring an additional 161 shares in the last quarter. Corebridge Financial Inc. lifted its holdings in MACOM Technology Solutions by 0.3% in the first quarter. Corebridge Financial Inc. now owns 65,709 shares of the semiconductor company's stock valued at $6,596,000 after acquiring an additional 185 shares during the period. Finally, Sheaff Brock Investment Advisors LLC lifted its position in shares of MACOM Technology Solutions by 6.1% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,282 shares of the semiconductor company's stock valued at $329,000 after acquiring an additional 189 shares during the period. Institutional investors and hedge funds own 76.14% of the company's stock.

Insider Buying and Selling at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 62,435 shares of MACOM Technology Solutions stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $133.02, for a total transaction of $8,305,103.70. Following the sale, the insider owned 3,522,186 shares of the company's stock, valued at $468,521,181.72. The trade was a 1.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jihye Whang Rosenband sold 800 shares of the business'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 completion of the transaction, the director owned 7,189 shares in the company, valued at $890,070.09. This represents a 10.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 608,235 shares of company stock valued at $80,511,380 over the last 90 days. 16.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

MACOM Technology Solutions Stock Down 1.6%

NASDAQ MTSI traded down $2.14 during trading hours on Thursday, hitting $129.73. The company had a trading volume of 1,303,775 shares, compared to its average volume of 750,793. The firm's 50 day moving average is $131.81 and its 200 day moving average is $121.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50. The company has a market capitalization of $9.66 billion, a price-to-earnings ratio of -128.45, a P/E/G ratio of 2.50 and a beta of 1.49.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to the consensus estimate 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 company's revenue was up 32.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

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.