Dynamic Technology Lab Private Ltd Decreases Stake 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% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,162 shares of the semiconductor company's stock after selling 12,518 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in MACOM Technology Solutions were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MTSI. AQR Capital Management LLC grew its position in MACOM Technology Solutions by 5,891.8% in the 1st quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company's stock valued at $23,510,000 after acquiring an additional 243,271 shares during the last quarter. Nuveen LLC purchased a new stake in shares of MACOM Technology Solutions during the first quarter valued at $23,767,000. Nuveen Asset Management LLC grew its holdings in shares of MACOM Technology Solutions by 129.4% in the fourth quarter. Nuveen Asset Management LLC now owns 328,081 shares of the semiconductor company's stock worth $42,621,000 after purchasing an additional 185,075 shares during the last quarter. Ieq Capital LLC purchased a new position in MACOM Technology Solutions in the 1st quarter worth about $16,389,000. Finally, GAMMA Investing LLC lifted its holdings in MACOM Technology Solutions by 12,383.2% during the 1st quarter. GAMMA Investing LLC now owns 146,053 shares of the semiconductor company's stock valued at $14,661,000 after buying an additional 144,883 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total value of $687,000.00. Following the completion of the sale, the senior vice president directly owned 30,779 shares in the company, valued at $4,229,034.60. This trade represents a 13.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert Dennehy sold 5,000 shares of the company's stock in a transaction on Tuesday, June 24th. The stock was 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 in the company, 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. Over the last 90 days, insiders have sold 395,376 shares of company stock worth $52,285,626. 16.30% of the stock is owned by corporate insiders.

MACOM Technology Solutions Stock Down 0.3%

NASDAQ MTSI traded down $0.45 during midday trading on Monday, hitting $131.42. 691,475 shares of the company traded hands, compared to its average volume of 711,143. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50. The company's 50-day simple moving average is $132.25 and its 200-day simple moving average is $121.20. The company has a market cap of $9.79 billion, a PE ratio of -130.12, a price-to-earnings-growth ratio of 2.50 and a beta of 1.49. 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 (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm had revenue of $252.08 million during the quarter, compared to analysts' expectations of $249.89 million. During the same period in the prior year, the business posted $0.66 EPS. The firm's quarterly revenue 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. As a group, equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

MTSI has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Zacks Research raised MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Stifel Nicolaus lifted their target price on 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 target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Finally, Bank of America raised their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. One 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. According to data from MarketBeat.com, MACOM Technology Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

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.