EntryPoint Capital LLC Invests $615,000 in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• EntryPoint Capital LLC acquired a new stake in MACOM Technology Solutions Holdings, purchasing 6,130 shares valued at approximately $615,000.
• Several large investors have significantly increased their stakes in MACOM, with Price T Rowe Associates boosting holdings by 38.9% in the last quarter.
• Analysts have a consensus rating of "Buy" for MACOM shares, with price targets raised, suggesting confidence in the company's performance and potential growth.

EntryPoint Capital LLC bought a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,130 shares of the semiconductor company's stock, valued at approximately $615,000.

A number of other large investors have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in MACOM Technology Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock worth $667,171,000 after purchasing an additional 129,201 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in MACOM Technology Solutions by 38.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,998,136 shares of the semiconductor company's stock valued at $519,399,000 after acquiring an additional 1,120,510 shares in the last quarter. GW&K Investment Management LLC lifted its stake in MACOM Technology Solutions by 9.9% in the first quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock worth $127,990,000 after acquiring an additional 114,780 shares during the last quarter. Millennium Management LLC grew its holdings in MACOM Technology Solutions by 14.8% during the 4th quarter. Millennium Management LLC now owns 850,687 shares of the semiconductor company's stock worth $110,513,000 after acquiring an additional 109,529 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in MACOM Technology Solutions by 18.4% during the 1st quarter. Jennison Associates LLC now owns 630,406 shares of the semiconductor company's stock worth $63,280,000 after acquiring an additional 97,943 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MTSI shares. Stifel Nicolaus raised their price objective on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. Benchmark restated a "buy" rating and issued a $160.00 price target on shares of MACOM Technology Solutions in a research note on Friday, May 9th. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday. Finally, Truist Financial raised their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

Insider Buying and Selling at MACOM Technology Solutions

In related news, SVP Robert Dennehy sold 5,000 shares of the company's 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 completion of the sale, the senior vice president owned 15,680 shares in the company, valued at $2,201,785.60. This represents a 24.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen G. Daly sold 2,380 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $125.70, for a total transaction of $299,166.00. Following the transaction, the chief executive officer directly owned 24,573 shares in the company, valued at $3,088,826.10. The trade was a 8.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,669 shares of company stock worth $5,092,012 in the last 90 days. Company insiders own 16.30% of the company's stock.

MACOM Technology Solutions Stock Performance

Shares of MACOM Technology Solutions stock traded up $2.57 on Friday, hitting $126.15. The stock had a trading volume of 691,147 shares, compared to its average volume of 787,591. The stock has a market cap of $9.39 billion, a price-to-earnings ratio of -124.90, a P/E/G ratio of 2.39 and a beta of 1.38. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. 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 moving average price is $134.78 and its 200 day moving average price is $120.24.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $249.89 million. During the same quarter last year, the business posted $0.66 EPS. The firm's quarterly revenue was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

About MACOM Technology Solutions

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.