Silverberg Bernstein Capital Management LLC Boosts Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Silverberg Bernstein Capital Management LLC increased its position in MACOM Technology Solutions by 48.7% in the second quarter, making it the firm's largest holding.
• Analysts have raised their price targets for MACOM shares, with Bank of America setting a target of $160.00 and several firms issuing buy ratings, indicating strong market confidence in the stock's performance.
• MACOM reported earnings of $0.90 per share for the last quarter, exceeding analyst expectations, with revenues rising 32.3% year-over-year.

Silverberg Bernstein Capital Management LLC raised its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 48.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,042 shares of the semiconductor company's stock after acquiring an additional 36,029 shares during the quarter. MACOM Technology Solutions makes up approximately 10.9% of Silverberg Bernstein Capital Management LLC's investment portfolio, making the stock its largest position. Silverberg Bernstein Capital Management LLC owned 0.15% of MACOM Technology Solutions worth $15,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of 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 buying an additional 129,201 shares in the last quarter. Alliancebernstein L.P. increased its holdings in MACOM Technology Solutions by 2.4% in the 1st quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock worth $147,436,000 after acquiring an additional 34,214 shares during the last quarter. GW&K Investment Management LLC increased its holdings in MACOM Technology Solutions by 9.9% in the 1st 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. 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 valued at $63,280,000 after buying an additional 97,943 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of MACOM Technology Solutions by 9.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 617,174 shares of the semiconductor company's stock valued at $61,952,000 after acquiring an additional 51,531 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company's stock.

MACOM Technology Solutions Stock Performance

MACOM Technology Solutions stock traded down $2.61 during trading hours on Friday, hitting $127.12. 5,914,965 shares of the stock traded hands, compared to its average volume of 780,686. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year high of $152.50. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of -125.86, a P/E/G ratio of 2.46 and a beta of 1.49. The firm's 50 day moving average price is $131.63 and its 200-day moving average price is $121.60.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 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 in the prior year, the business earned $0.66 earnings per share. The company's 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. As a group, equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Jihye Whang Rosenband sold 800 shares of MACOM Technology Solutions stock in a transaction that occurred 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 approximately $890,070.09. The trade was a 10.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Susan Ocampo sold 62,435 shares of MACOM Technology Solutions stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $133.02, for a total value of $8,305,103.70. Following the transaction, the insider owned 3,522,186 shares of the company's stock, valued at $468,521,181.72. This represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 608,235 shares of company stock worth $80,511,380 over the last ninety days. Corporate insiders own 16.30% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MTSI shares. Bank of America boosted their target price on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Truist Financial raised their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Stifel Nicolaus raised their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, MACOM Technology Solutions 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.