MACOM Technology Solutions Holdings, Inc. $MTSI Shares Purchased by Twin Tree Management LP

Key Points

• Twin Tree Management LP increased its stake in MACOM Technology Solutions by 138.9%, acquiring an additional 43,044 shares with a total value of approximately $10.6 million at the end of the second quarter.
• MACOM Technology Solutions reported an EPS of $0.90 for the last quarter, exceeding analysts' expectations, with a revenue of $252.08 million, up 32.3% year-over-year.
• Several research firms have given a Buy rating to MACOM Technology Solutions, with target prices rising to as high as $160.00 from Bank of America, reflecting strong analyst sentiment.

Twin Tree Management LP increased its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 138.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,029 shares of the semiconductor company's stock after acquiring an additional 43,044 shares during the quarter. Twin Tree Management LP owned about 0.10% of MACOM Technology Solutions worth $10,608,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in MACOM Technology Solutions by 2.0% in the first quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock valued at $667,171,000 after purchasing an additional 129,201 shares during the period. Alliancebernstein L.P. increased its stake in MACOM Technology Solutions by 2.4% in the first quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock valued at $147,436,000 after purchasing an additional 34,214 shares during the period. GW&K Investment Management LLC increased its stake in MACOM Technology Solutions by 9.9% in the first quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock valued at $127,990,000 after purchasing an additional 114,780 shares during the period. Jennison Associates LLC increased its stake in MACOM Technology Solutions by 18.4% in the first quarter. Jennison Associates LLC now owns 630,406 shares of the semiconductor company's stock valued at $63,280,000 after purchasing an additional 97,943 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in MACOM Technology Solutions by 9.1% in the first quarter. The Manufacturers Life Insurance Company now owns 617,174 shares of the semiconductor company's stock valued at $61,952,000 after purchasing an additional 51,531 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

MACOM Technology Solutions Stock Up 4.0%

MTSI stock opened at $136.83 on Thursday. The company has a market cap of $10.19 billion, a P/E ratio of -135.48, a P/E/G ratio of 1.95 and a beta of 1.48. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50. The company's 50-day moving average price is $128.04 and its 200 day moving average price is $124.39. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The firm had revenue of $252.08 million for the quarter, compared to the consensus estimate 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 firm's revenue was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. TD Cowen assumed coverage on shares of MACOM Technology Solutions in a research note on Wednesday, October 1st. They issued a "buy" rating and a $150.00 price objective on the stock. Truist Financial lifted their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Bank of America lifted their price objective on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Zacks Research raised shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Finally, Stifel Nicolaus lifted their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $146.56.

Insider Activity

In other MACOM Technology Solutions news, SVP Robert Dennehy sold 5,000 shares of the company's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total value of $636,150.00. Following the sale, the senior vice president owned 10,680 shares of the company's stock, valued at $1,358,816.40. This represents a 31.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Susan Ocampo sold 150,000 shares of the company's stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $133.03, for a total transaction of $19,954,500.00. Following the completion of the sale, the insider directly owned 3,159,710 shares in the company, valued at $420,336,221.30. This trade represents a 4.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold 970,711 shares of company stock worth $128,686,483 in the last ninety days. Insiders own 16.30% of the company's stock.

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.

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