Twin Tree Management LP Sells 93,188 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

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 cut its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 75.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,985 shares of the semiconductor company's stock after selling 93,188 shares during the quarter. Twin Tree Management LP's holdings in MACOM Technology Solutions were worth $3,110,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in MACOM Technology Solutions by 3.2% during the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock valued at $13,750,000 after acquiring an additional 4,249 shares during the period. OneDigital Investment Advisors LLC grew its position in shares of MACOM Technology Solutions by 27.0% during the first quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company's stock valued at $242,000 after purchasing an additional 511 shares in the last quarter. GAMMA Investing LLC grew its position in shares of MACOM Technology Solutions by 24.4% during the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company's stock valued at $146,000 after purchasing an additional 285 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of MACOM Technology Solutions by 18.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,280 shares of the semiconductor company's stock valued at $329,000 after purchasing an additional 502 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in shares of MACOM Technology Solutions by 23.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 13,896 shares of the semiconductor company's stock valued at $1,395,000 after purchasing an additional 2,655 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Trading Up 1.3%

Shares of NASDAQ:MTSI traded up $1.72 during trading hours on Thursday, hitting $131.89. 668,609 shares of the company's stock traded hands, compared to its average volume of 758,340. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year high of $152.50. The business has a fifty day moving average price of $133.79 and a 200-day moving average price of $120.56. The firm has a market capitalization of $9.82 billion, a P/E ratio of -130.58, a price-to-earnings-growth ratio of 2.43 and a beta of 1.49. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating 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 business had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. During the same quarter in the previous year, the business earned $0.66 earnings per share. The company'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. Equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 2,380 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $125.70, for a total transaction of $299,166.00. Following the completion of the transaction, the chief executive officer owned 24,573 shares in the company, valued at $3,088,826.10. The trade was a 8.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Donghyun Thomas Hwang sold 5,000 shares of MACOM Technology Solutions stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total transaction of $687,000.00. Following the sale, the senior vice president directly owned 30,779 shares of the company's stock, valued at $4,229,034.60. This represents a 13.97% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,180 shares of company stock valued at $1,910,714. 16.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MTSI. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Bank of America raised their price objective on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Benchmark restated a "buy" rating and set a $160.00 price objective on shares of MACOM Technology Solutions in a research report on Friday, May 9th. Finally, Stifel Nicolaus raised their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research 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 given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

MACOM Technology Solutions Company 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.