3,633 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Bought by National Bank of Canada FI

Key Points

• National Bank of Canada FI has acquired a new position in MACOM Technology Solutions Holdings, purchasing 3,633 shares valued at approximately $365,000 during the 1st quarter.
• Insiders, including CEO Stephen G. Daly, have sold a significant amount of shares, with insiders collectively selling 144,118 shares valued at $18 million over the last ninety days.
• MACOM Technology Solutions reported a >32% revenue increase year-over-year, with earnings of $0.90 per share, surpassing analyst expectations.

National Bank of Canada FI purchased a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,633 shares of the semiconductor company's stock, valued at approximately $365,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of MACOM Technology Solutions by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock worth $13,750,000 after buying an additional 4,249 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in MACOM Technology Solutions by 27.0% in the 1st 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 during the last quarter. GAMMA Investing LLC raised its position 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 purchasing an additional 285 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position 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 purchasing an additional 502 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its position 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 purchasing an additional 2,655 shares during the period. Institutional investors and hedge funds own 76.14% of the company's stock.

Analysts Set New Price Targets

MTSI has been the topic of a number of research analyst reports. Barclays boosted their target price on MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Bank of America boosted their target price 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. Stifel Nicolaus boosted their target price 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. Benchmark reissued a "buy" rating and issued a $160.00 target price on shares of MACOM Technology Solutions in a research report on Friday, May 9th. Finally, Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $146.13.

Insider Buying and Selling at MACOM Technology Solutions

In other news, CFO John Kober sold 1,000 shares of MACOM Technology Solutions 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 completion of the sale, the chief financial officer directly owned 46,128 shares of the company's stock, valued at approximately $5,692,195.20. The trade was a 2.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stephen G. Daly sold 2,380 shares of MACOM Technology Solutions stock in a transaction 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 sale, the chief executive officer directly owned 24,573 shares of the company's stock, valued at approximately $3,088,826.10. This trade represents a 8.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,669 shares of company stock valued at $5,092,012 in the last quarter. Corporate insiders own 16.30% of the company's stock.

MACOM Technology Solutions Stock Up 2.0%

MACOM Technology Solutions stock traded up $2.43 during mid-day trading on Thursday, reaching $123.58. 705,909 shares of the company's stock were exchanged, compared to its average volume of 768,378. The company has a market cap of $9.20 billion, a P/E ratio of -122.36, a P/E/G ratio of 2.30 and a beta of 1.38. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve month high of $152.50. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average of $134.83 and a 200-day moving average of $120.39.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The company had revenue of $252.08 million for the quarter, compared to analyst estimates 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 firm's quarterly revenue was up 32.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

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.