Mirae Asset Global Investments Co. Ltd. Grows Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Mirae Asset Global Investments increased its stake in MACOM Technology Solutions by 5.7%, now owning approximately 112,082 shares valued at $16 million.
• Research analysts have given mixed ratings for MACOM, with TD Cowen providing a "buy" rating and a $150 price target, while Weiss Ratings maintains a "sell" rating.
• Insider transactions revealed significant share sales, including over 150,000 shares sold by major shareholder Susan Ocampo, indicating ongoing fluctuations in management positions.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 5.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,082 shares of the semiconductor company's stock after buying an additional 6,022 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.15% of MACOM Technology Solutions worth $16,060,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions in the 1st quarter valued at approximately $25,000. Versant Capital Management Inc raised its position in MACOM Technology Solutions by 9,400.0% during the 1st 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 in the last quarter. SVB Wealth LLC bought a new stake in MACOM Technology Solutions during the 1st quarter valued at $34,000. Allworth Financial LP raised its position in MACOM Technology Solutions by 131.3% during the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 197 shares in the last quarter. Finally, Maseco LLP purchased a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $48,000. 76.14% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on MTSI shares. TD Cowen started coverage on MACOM Technology Solutions in a report on Wednesday. They issued a "buy" rating and a $150.00 price target on the stock. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Weiss Ratings reiterated a "sell (d+)" rating on shares of MACOM Technology Solutions in a report on Saturday, September 27th. Wall Street Zen downgraded MACOM Technology Solutions from a "buy" rating to a "hold" rating in a report on Friday. Finally, Stifel Nicolaus lifted their price target 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, eight have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $146.56.

Insider Activity

In related news, major shareholder Susan Ocampo sold 150,424 shares of the company's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $132.43, for a total value of $19,920,650.32. Following the completion of the transaction, the insider owned 3,584,621 shares of the company's stock, valued at approximately $474,711,359.03. This represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $687,000.00. Following the completion of the transaction, the senior vice president directly owned 30,779 shares of the company's stock, valued at $4,229,034.60. The trade was a 13.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 753,235 shares of company stock valued at $99,772,780. Insiders own 16.30% of the company's stock.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $127.41 on Friday. The stock has a market cap of $9.49 billion, a PE ratio of -126.15, a price-to-earnings-growth ratio of 1.88 and a beta of 1.48. The business has a 50-day simple moving average of $129.29 and a 200-day simple moving average of $123.17. 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 52-week low of $84.00 and a 52-week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $252.08 million during the quarter, compared to analysts' expectations 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 company's revenue for the quarter was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, equities analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

About MACOM Technology Solutions

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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