Ieq Capital LLC Makes New $12.23 Million Investment in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Ieq Capital acquired a new $12.23 million stake in MACOM Technology Solutions during the second quarter, purchasing 32,162 shares. Institutional investors collectively own 76.14% of the company.
• MACOM exceeded quarterly expectations, reporting $1.40 in EPS and $342.24 million in revenue, with revenue up 35.8% year over year. Analysts maintain a “Moderate Buy” consensus rating and a $341.25 average price target.
• Company insiders sold 25,837 shares worth approximately $9.2 million over the past quarter, including transactions by the CEO and CFO under pre-arranged Rule 10b5-1 plans.

Ieq Capital LLC purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 32,162 shares of the semiconductor company's stock, valued at approximately $12,233,000.

A number of other large investors have also modified their holdings of MTSI. Advisory Services Network LLC purchased a new position in MACOM Technology Solutions in the third quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new stake in MACOM Technology Solutions during the 4th quarter worth about $30,000. GHP Investment Advisors Inc. purchased a new stake in MACOM Technology Solutions during the 1st quarter worth about $31,000. Clearstead Advisors LLC raised its position in MACOM Technology Solutions by 156.5% in the 4th quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 144 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of MACOM Technology Solutions in the 4th quarter valued at about $46,000. Hedge funds and other institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Stock Up 0.2%

MTSI stock opened at $266.61 on Friday. The company has a fifty day moving average price of $310.66 and a 200 day moving average price of $291.91. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The company has a market cap of $20.36 billion, a price-to-earnings ratio of 85.73, a price-to-earnings-growth ratio of 1.53 and a beta of 1.70. 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 (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to analysts' expectations of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. MACOM Technology Solutions's quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current year.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 15,828 shares of the company's stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the completion of the sale, the chief executive officer directly owned 38,389 shares of the company's stock, valued at $14,040,776.75. This represents a 29.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12. Following the sale, the chief financial officer directly owned 33,583 shares of the company's stock, valued at $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 25,837 shares of company stock worth $9,204,236. Company insiders own 0.36% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings downgraded MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday. Truist Financial raised their target price 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. Barclays lifted 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 note on Friday, May 22nd. Needham & Company LLC boosted their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $341.25.

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.

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