Empowered Funds LLC Buys 25,775 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Empowered Funds LLC increased its MACOM Technology Solutions stake by 282.5% in the first quarter, purchasing 25,775 additional shares and bringing its holdings to 34,898 shares valued at approximately $7.75 million. Institutional investors and hedge funds collectively own 76.14% of MTSI.
• MACOM reported quarterly earnings of $1.40 per share on $342.24 million in revenue, exceeding analyst estimates, while revenue rose 35.8% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $341.82.
• Company insiders sold 28,687 shares worth roughly $10.48 million during the last quarter under pre-arranged Rule 10b5-1 trading plans, including sales by the CFO and a senior vice president.

Empowered Funds LLC boosted its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 282.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 34,898 shares of the semiconductor company's stock after buying an additional 25,775 shares during the period. Empowered Funds LLC's holdings in MACOM Technology Solutions were worth $7,750,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in MTSI. Advisors Asset Management Inc. increased its position in MACOM Technology Solutions by 49.7% during the 1st quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company's stock worth $49,000 after buying an additional 161 shares during the period. 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 first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company's stock valued at $15,778,000 after acquiring an additional 13,215 shares during the period. Focus Partners Wealth grew its stake in shares of MACOM Technology Solutions by 121.3% in the first quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company's stock valued at $676,000 after acquiring an additional 3,694 shares in the last quarter. Cetera Investment Advisers bought a new position in MACOM Technology Solutions during the second quarter worth about $372,000. Finally, Marshall Wace LLP bought a new position in MACOM Technology Solutions during the second quarter worth about $544,000. 76.14% of the stock is owned by institutional investors and hedge funds.

Insider Activity at MACOM Technology Solutions

In other news, SVP Donghyun Thomas Hwang sold 2,620 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the completion of the transaction, the senior vice president directly owned 29,756 shares in the company, valued at approximately $11,422,435.72. This represents a 8.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,644 shares of the firm's stock in a transaction on Monday, May 18th. The shares were sold at an average price of $359.25, for a total value of $2,746,107.00. Following the sale, the chief financial officer directly owned 40,972 shares in the company, valued at approximately $14,719,191. This trade represents a 15.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 28,687 shares of company stock valued at $10,476,798 in the last quarter. Insiders own 0.36% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on MTSI shares. Truist Financial boosted their price objective on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a "buy" rating in a report on Friday, May 8th. Stifel Nicolaus raised their target price on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Barclays lifted their price target on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, May 22nd. Susquehanna cut their price target on MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of MACOM Technology Solutions in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $341.82.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI opened at $316.44 on Friday. The company's 50 day simple moving average is $318.79 and its 200 day simple moving average is $289.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $118.28 and a 1 year high of $418.90. The stock has a market capitalization of $24.17 billion, a price-to-earnings ratio of 101.75, a price-to-earnings-growth ratio of 1.98 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.MACOM Technology Solutions's revenue for the quarter was up 35.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.76 EPS for the current fiscal year.

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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