Ieq Capital LLC Makes New $16.39 Million Investment in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Ieq Capital LLC has acquired a new position in MACOM Technology Solutions, investing approximately $16.39 million to purchase 163,273 shares.
• MACOM reported a revenue increase of 32.3% year-over-year in its latest quarterly earnings, achieving $252.08 million, and exceeded earnings estimates by $0.01.
• Analysts have generally given MACOM Technology Solutions a consensus rating of "Moderate Buy" with a price target of $146.13, reflecting positive expectations for the company's future performance.

Ieq Capital LLC bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 163,273 shares of the semiconductor company's stock, valued at approximately $16,389,000. Ieq Capital LLC owned 0.22% of MACOM Technology Solutions at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in MACOM Technology Solutions during the first quarter worth approximately $25,000. Elequin Capital LP acquired a new position in MACOM Technology Solutions during the fourth quarter worth approximately $26,000. Versant Capital Management Inc increased its position in MACOM Technology Solutions by 9,400.0% during the first quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock worth $29,000 after buying an additional 282 shares during the last quarter. SVB Wealth LLC acquired a new position in MACOM Technology Solutions during the first quarter worth approximately $34,000. Finally, Allworth Financial LP increased its position in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock worth $37,000 after buying an additional 197 shares during the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI traded down $5.74 during mid-day trading on Friday, reaching $128.15. The company had a trading volume of 1,105,813 shares, compared to its average volume of 863,097. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. The firm has a market cap of $9.54 billion, a price-to-earnings ratio of -126.88, a PEG ratio of 2.43 and a beta of 1.38. The company's 50-day moving average price is $134.36 and its 200-day moving average price is $120.40. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company's quarterly revenue was up 32.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insider Transactions at MACOM Technology Solutions

In related news, CFO John Kober sold 1,000 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $123.40, for a total transaction of $123,400.00. Following the completion of the sale, the chief financial officer directly owned 46,128 shares in the company, valued at $5,692,195.20. This represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Jihye Whang Rosenband sold 800 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $123.81, for a total value of $99,048.00. Following the sale, the director owned 7,189 shares of the company's stock, valued at $890,070.09. This trade represents a 10.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,219 shares of company stock worth $4,908,347. 16.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. 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. Bank of America boosted their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Barclays increased their price objective on MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Finally, Truist Financial increased their target price on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company 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 given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and an average target price of $146.13.

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.