MACOM Technology Solutions Holdings, Inc. $MTSI Stake Lowered by Twin Tree Management LP

Key Points

• Twin Tree Management LP has reduced its holdings in MACOM Technology Solutions by 75%, selling 93,188 shares, and now holds 30,985 shares valued at approximately $3.1 million.
• Analyst ratings for MACOM Technology Solutions are largely positive, with a majority giving a buy or strong buy rating and the average price target set at $146.13.
• In the latest quarter, MACOM reported earnings of $0.90 EPS, exceeding expectations, along with a 32.3% year-over-year revenue increase to $252.08 million.

Twin Tree Management LP decreased its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 75.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 30,985 shares of the semiconductor company's stock after selling 93,188 shares during the period. Twin Tree Management LP's holdings in MACOM Technology Solutions were worth $3,110,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in MACOM Technology Solutions by 3.2% in the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock valued at $13,750,000 after buying an additional 4,249 shares during the period. OneDigital Investment Advisors LLC raised its holdings in MACOM Technology Solutions by 27.0% in the first quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company's stock valued at $242,000 after buying an additional 511 shares during the period. GAMMA Investing LLC raised its holdings in MACOM Technology Solutions by 24.4% in the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company's stock valued at $146,000 after buying an additional 285 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in 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 valued at $329,000 after buying an additional 502 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its holdings in MACOM Technology Solutions by 23.6% in the first quarter. Oppenheimer Asset Management Inc. now owns 13,896 shares of the semiconductor company's stock valued at $1,395,000 after buying an additional 2,655 shares during the period. Hedge funds and other institutional investors own 76.14% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MTSI. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Barclays upped their target price on shares of MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Zacks Research upgraded shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Truist Financial upped their target price 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. Finally, Bank of America upped their target price 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. 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. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Robert Dennehy sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $140.42, for a total transaction of $702,100.00. Following the transaction, the senior vice president owned 15,680 shares of the company's stock, valued at $2,201,785.60. This trade represents a 24.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO John Kober sold 1,000 shares of the firm's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $123.40, for a total value of $123,400.00. Following the transaction, the chief financial officer owned 46,128 shares in the company, valued at $5,692,195.20. This trade represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,800 shares of company stock worth $1,611,548. 16.30% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Stock Down 1.5%

MTSI stock traded down $2.03 during midday trading on Friday, hitting $129.86. 979,559 shares of the company's stock were exchanged, compared to its average volume of 753,626. 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 Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $152.50. The firm has a 50 day moving average price of $133.34 and a 200-day moving average price of $120.66. The stock has a market capitalization of $9.67 billion, a price-to-earnings ratio of -128.57, a price-to-earnings-growth ratio of 2.50 and a beta of 1.49.

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 (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $252.08 million for the quarter, compared to the consensus estimate of $249.89 million. During the same period in the previous year, the business earned $0.66 EPS. MACOM Technology Solutions's revenue for the quarter 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, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current 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.