MACOM Technology Solutions Holdings, Inc. $MTSI Shares Sold by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC reduced its stake in MACOM Technology Solutions by 29.2%, now holding 7,912 shares valued at approximately $781,000.
• Nuveen LLC significantly increased its position in MACOM, acquiring a stake worth $23,767,000 in the first quarter, contributing to institutional investors holding 76.14% of the company's stock.
• In the latest earnings report, MACOM Technology Solutions reported $0.90 EPS, beating estimates and showing a 32.3% year-over-year revenue increase to $252.08 million.

Hsbc Holdings PLC lowered its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 29.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,912 shares of the semiconductor company's stock after selling 3,268 shares during the period. Hsbc Holdings PLC's holdings in MACOM Technology Solutions were worth $781,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in MTSI. Nuveen LLC acquired a new position in shares of MACOM Technology Solutions in the first quarter worth $23,767,000. Nuveen Asset Management LLC grew its stake in MACOM Technology Solutions by 129.4% during the 4th quarter. Nuveen Asset Management LLC now owns 328,081 shares of the semiconductor company's stock worth $42,621,000 after purchasing an additional 185,075 shares in the last quarter. GAMMA Investing LLC increased its holdings in MACOM Technology Solutions by 12,383.2% during the 1st quarter. GAMMA Investing LLC now owns 146,053 shares of the semiconductor company's stock worth $14,661,000 after purchasing an additional 144,883 shares during the period. Balyasny Asset Management L.P. purchased a new stake in MACOM Technology Solutions during the 4th quarter worth about $18,362,000. Finally, Vanguard Group Inc. raised its position in MACOM Technology Solutions by 2.0% in the 1st 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 in the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 5,000 shares of the company's stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total transaction of $687,000.00. Following the completion of the sale, the senior vice president directly owned 30,779 shares in the company, valued at $4,229,034.60. This represents a 13.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Robert Dennehy sold 5,000 shares of MACOM Technology Solutions stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $140.42, for a total transaction of $702,100.00. Following the transaction, the senior vice president directly owned 15,680 shares in the company, valued at approximately $2,201,785.60. This trade represents a 24.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,219 shares of company stock valued at $4,908,347 in the last 90 days. 16.30% of the stock is owned by corporate insiders.

MACOM Technology Solutions Trading Down 4.3%

Shares of MTSI stock opened at $128.15 on Friday. The business has a fifty day simple moving average of $134.36 and a 200-day simple moving average of $120.40. The stock has a market cap of $9.54 billion, a P/E ratio of -126.88, a P/E/G ratio of 2.43 and a beta of 1.38. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. During the same period in the prior year, the firm earned $0.66 EPS. The firm's quarterly revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MTSI has been the topic of a number of recent research reports. Benchmark restated a "buy" rating and set a $160.00 target price on shares of MACOM Technology Solutions in a research note on Friday, May 9th. Barclays increased their price objective on shares of MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Bank of America increased their target price on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Finally, Stifel Nicolaus increased their price objective on 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, seven have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus 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.

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