Nomura Holdings Inc. Sells 36,605 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Nomura Holdings Inc. significantly reduced its stake in MACOM Technology Solutions by 90.6%, now holding just 3,819 shares valued at $383,000.
• Multiple institutional investors have increased their holdings in MACOM, with Analog Century Management LP raising its stake by 25.0% to own 577,893 shares valued at approximately $58 million.
• Analysts have issued a consensus rating of "Moderate Buy" for MACOM with a price target of $146.13, while several firms have raised their price objectives significantly.

Nomura Holdings Inc. decreased its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 90.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,819 shares of the semiconductor company's stock after selling 36,605 shares during the quarter. Nomura Holdings Inc.'s holdings in MACOM Technology Solutions were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. State of Wyoming boosted its holdings in MACOM Technology Solutions by 8.2% in the first quarter. State of Wyoming now owns 1,635 shares of the semiconductor company's stock worth $164,000 after purchasing an additional 124 shares during the last quarter. Securian Asset Management Inc. boosted its holdings in MACOM Technology Solutions by 3.2% in the first quarter. Securian Asset Management Inc. now owns 4,517 shares of the semiconductor company's stock worth $453,000 after purchasing an additional 139 shares during the last quarter. Corebridge Financial Inc. boosted its holdings in MACOM Technology Solutions by 0.3% in the first quarter. Corebridge Financial Inc. now owns 65,709 shares of the semiconductor company's stock worth $6,596,000 after purchasing an additional 185 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its holdings in MACOM Technology Solutions by 6.1% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,282 shares of the semiconductor company's stock worth $329,000 after purchasing an additional 189 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in MACOM Technology Solutions by 7.6% in the fourth quarter. ProShare Advisors LLC now owns 2,710 shares of the semiconductor company's stock worth $352,000 after purchasing an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 76.14% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MTSI. Bank of America raised their target price on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Stifel Nicolaus raised their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Zacks Research upgraded shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. Finally, Truist Financial increased their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. One equities 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 MarketBeat, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $146.13.

Insider Activity

In other news, CFO John Kober sold 1,000 shares of the firm's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $123.40, for a total transaction of $123,400.00. Following the sale, the chief financial officer directly owned 46,128 shares in the company, valued at $5,692,195.20. This trade represents a 2.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Susan Ocampo sold 45,986 shares of the firm's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $131.12, for a total transaction of $6,029,684.32. Following the sale, the insider owned 3,956,165 shares in the company, valued at $518,732,354.80. The trade was a 1.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 174,256 shares of company stock worth $22,948,632. 16.30% of the stock is currently owned by insiders.

MACOM Technology Solutions Stock Performance

MTSI traded down $0.63 during trading on Thursday, hitting $131.07. The company's stock had a trading volume of 754,721 shares, compared to its average volume of 679,343. The firm has a market cap of $9.76 billion, a PE ratio of -129.77, a P/E/G ratio of 2.50 and a beta of 1.49. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50. The business's 50 day simple moving average is $132.57 and its 200-day simple moving average is $120.91. 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 (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate 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 company's revenue was up 32.3% on a year-over-year basis. During the same period last year, the firm earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

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.