Russell Investments Group Ltd. Acquires 6,236 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Russell Investments Group Ltd. increased its stake in MACOM Technology Solutions Holdings, Inc. by 87.1% in Q1, now holding 13,396 shares valued at $1,345,000.
• In its latest earnings report, MACOM Technology Solutions announced an EPS of $0.90, exceeding expectations, with revenue up 32.3% year-over-year.
• Analyst ratings are largely positive, with multiple firms adjusting price targets upwards, reflecting confidence in MACOM's performance and potential.

Russell Investments Group Ltd. increased its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 87.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,396 shares of the semiconductor company's stock after purchasing an additional 6,236 shares during the quarter. Russell Investments Group Ltd.'s holdings in MACOM Technology Solutions were worth $1,345,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. Principal Financial Group Inc. boosted its holdings in shares of MACOM Technology Solutions by 3.2% during the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock worth $13,750,000 after purchasing an additional 4,249 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of MACOM Technology Solutions by 27.0% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company's stock worth $242,000 after acquiring an additional 511 shares during the period. GAMMA Investing LLC boosted its position in shares of MACOM Technology Solutions by 24.4% in the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company's stock worth $146,000 after acquiring an additional 285 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of MACOM Technology Solutions by 18.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,280 shares of the semiconductor company's stock worth $329,000 after acquiring an additional 502 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in MACOM Technology Solutions by 23.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 13,896 shares of the semiconductor company's stock worth $1,395,000 after purchasing an additional 2,655 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

MACOM Technology Solutions Trading Down 4.3%

Shares of NASDAQ:MTSI traded down $5.74 during mid-day trading on Friday, hitting $128.15. The stock had a trading volume of 1,105,813 shares, compared to its average volume of 863,097. The company's 50 day moving average is $134.36 and its 200-day moving average is $120.41. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $152.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The company has a market cap of $9.54 billion, a PE ratio of -126.88, a P/E/G ratio of 2.54 and a beta of 1.38.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm had revenue of $252.08 million for the quarter, compared to analysts' expectations of $249.89 million. During the same period in the previous year, the company posted $0.66 EPS. The company'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, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Donghyun Thomas Hwang sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total transaction of $687,000.00. Following the transaction, the senior vice president directly owned 30,779 shares of the company's stock, valued at approximately $4,229,034.60. The trade was a 13.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO John Kober sold 1,000 shares of the stock in a transaction that occurred 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 owned 46,128 shares of the company's stock, valued at approximately $5,692,195.20. The trade was a 2.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,219 shares of company stock valued at $4,908,347 over the last ninety days. Insiders own 16.30% of the company's stock.

Analyst Upgrades and Downgrades

MTSI has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Barclays lifted their price objective on MACOM Technology Solutions from $125.00 to $150.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Benchmark reaffirmed a "buy" rating and issued a $160.00 price objective on shares of MACOM Technology Solutions in a report on Friday, May 9th. Finally, Zacks Research raised MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $146.13.

MACOM Technology Solutions Profile

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.