Global Retirement Partners LLC Raises Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Global Retirement Partners LLC increased its stake in MACOM Technology Solutions by 1,291.6% in the fourth quarter, ending with 2,978 shares valued at about $510,000.
• MACOM reported better-than-expected quarterly results, with earnings per share of $1.09 versus the $1.07 estimate and revenue of $288.96 million, up 22.5% year over year.
• Analysts remain generally constructive on the stock: MACOM has a Moderate Buy consensus rating and a consensus target price of $321.36, though several insiders recently sold shares.

Global Retirement Partners LLC grew its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 1,291.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,978 shares of the semiconductor company's stock after purchasing an additional 2,764 shares during the quarter. Global Retirement Partners LLC's holdings in MACOM Technology Solutions were worth $510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of MACOM Technology Solutions in the third quarter worth approximately $25,000. EverSource Wealth Advisors LLC boosted its position in shares of MACOM Technology Solutions by 75.6% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 93 shares during the period. Bayforest Capital Ltd bought a new position in shares of MACOM Technology Solutions in the fourth quarter worth approximately $39,000. Smartleaf Asset Management LLC boosted its position in shares of MACOM Technology Solutions by 108.7% in the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 150 shares during the period. Finally, Larson Financial Group LLC boosted its position in shares of MACOM Technology Solutions by 19.4% in the third quarter. Larson Financial Group LLC now owns 418 shares of the semiconductor company's stock worth $52,000 after purchasing an additional 68 shares during the period. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Trading Down 2.2%

Shares of MTSI opened at $400.66 on Thursday. The company's fifty day moving average is $289.79 and its 200 day moving average is $232.45. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $118.16 and a fifty-two week high of $418.90. The stock has a market capitalization of $30.57 billion, a PE ratio of 173.45, a P/E/G ratio of 3.39 and a beta of 1.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company had revenue of $288.96 million for the quarter, compared to analysts' expectations of $285.20 million. During the same quarter in the previous year, the business posted $0.85 earnings per share. MACOM Technology Solutions's quarterly revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MTSI has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a research report on Friday, May 8th. Barclays upped their price target on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, May 22nd. Benchmark upped their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, February 6th. Needham & Company LLC lifted their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Finally, Susquehanna boosted their target price on shares of MACOM Technology Solutions from $300.00 to $350.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, MACOM Technology Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.36.

Insider Buying and Selling at MACOM Technology Solutions

In other news, Director Peter Y. Chung sold 43,268 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $378.20, for a total value of $16,363,957.60. Following the transaction, the director directly owned 6,781 shares in the company, valued at approximately $2,564,574.20. This represents a 86.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO John Kober sold 7,644 shares of the company's stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the completion of the transaction, the chief financial officer owned 40,972 shares in the company, valued at approximately $14,719,191. The trade was a 15.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 59,648 shares of company stock valued at $21,966,111. Insiders own 0.36% of the company's stock.

MACOM Technology Solutions Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.