MACOM Technology Solutions Holdings, Inc. $MTSI Stake Boosted by Credit Agricole S A

Key Points

• Credit Agricole S A increased its stake in MACOM Technology Solutions by 73.9% during the first quarter, raising its holdings to 11,270 shares valued at approximately $1.13 million.
• Insider transactions revealed that CEO Stephen G. Daly sold 2,380 shares for about $299,166, reducing his ownership by 8.83%, while SVP Donghyun Thomas Hwang sold 5,000 shares for approximately $687,000.
• Analysts have shown a favorable outlook for MACOM, with several upgrades, including a rise in price target from $125 to $150, indicating a consensus of "Moderate Buy" with an average price target of $146.13.

Credit Agricole S A grew its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 73.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,270 shares of the semiconductor company's stock after purchasing an additional 4,791 shares during the quarter. Credit Agricole S A's holdings in MACOM Technology Solutions were worth $1,131,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in MTSI. Opal Wealth Advisors LLC bought a new position in shares of MACOM Technology Solutions during the first quarter valued at approximately $25,000. Elequin Capital LP bought a new position in shares of MACOM Technology Solutions during the fourth quarter valued at approximately $26,000. Versant Capital Management Inc grew its holdings in shares of MACOM Technology Solutions by 9,400.0% during the first quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 282 shares during the last quarter. Allworth Financial LP grew its holdings in shares of MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 197 shares during the last quarter. Finally, Brooklyn Investment Group grew its holdings in shares of MACOM Technology Solutions by 60,900.0% during the first quarter. Brooklyn Investment Group now owns 610 shares of the semiconductor company's stock valued at $61,000 after purchasing an additional 609 shares during the last quarter. 76.14% of the stock is owned by institutional investors.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 2,380 shares of the company'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 value of $299,166.00. Following the completion of the sale, the chief executive officer directly owned 24,573 shares in the company, valued at $3,088,826.10. This represents a 8.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Donghyun Thomas Hwang sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total value of $687,000.00. Following the completion of the sale, the senior vice president owned 30,779 shares of the company's stock, valued at $4,229,034.60. This trade represents a 13.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 39,669 shares of company stock valued at $5,092,012. 16.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MTSI has been the subject of a number of recent analyst reports. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Barclays increased their price objective on MACOM Technology Solutions from $125.00 to $150.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Truist Financial increased their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Stifel Nicolaus increased their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, Benchmark reissued a "buy" rating and issued a $160.00 price objective on shares of MACOM Technology Solutions in a report on Friday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $146.13.

MACOM Technology Solutions Stock Performance

MTSI opened at $126.15 on Monday. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of -124.90, a price-to-earnings-growth ratio of 2.39 and a beta of 1.38. 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 Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $152.50. The business has a 50 day moving average price of $134.78 and a two-hundred day moving average price of $120.18.

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 for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The firm had revenue of $252.08 million during the quarter, compared to the consensus estimate of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Research 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.

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