Price T Rowe Associates Inc. MD Lowers Stock Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Price T Rowe Associates Inc. reduced its holdings in MACOM Technology Solutions by 20.3%, owning approximately 4.29% of the company valued at $319.81 million after selling 812,161 shares during the quarter.
• Insider selling occurred, with CEO Stephen G. Daly and CFO John Kober decreasing their positions by 8.83% and 2.12% respectively, as they sold shares valued at over $422,000 combined.
• MACOM Technology Solutions reported a 32.3% year-over-year revenue increase, exceeding revenue expectations, and set Q4 2025 guidance for EPS between 0.910 and 0.950.

Price T Rowe Associates Inc. MD lowered its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 20.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,185,975 shares of the semiconductor company's stock after selling 812,161 shares during the quarter. Price T Rowe Associates Inc. MD owned about 4.29% of MACOM Technology Solutions worth $319,810,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MTSI. Nuveen LLC acquired a new position in MACOM Technology Solutions in the first quarter valued at about $23,767,000. Nuveen Asset Management LLC lifted its position in shares of MACOM Technology Solutions by 129.4% during the fourth quarter. Nuveen Asset Management LLC now owns 328,081 shares of the semiconductor company's stock worth $42,621,000 after purchasing an additional 185,075 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of MACOM Technology Solutions by 12,383.2% during the first quarter. GAMMA Investing LLC now owns 146,053 shares of the semiconductor company's stock worth $14,661,000 after purchasing an additional 144,883 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in MACOM Technology Solutions in the fourth quarter valued at approximately $18,362,000. Finally, Vanguard Group Inc. raised its holdings in MACOM Technology Solutions by 2.0% in the first quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock valued at $667,171,000 after acquiring an additional 129,201 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Stock Down 1.9%

MACOM Technology Solutions stock traded down $2.56 during mid-day trading on Friday, hitting $131.33. The company had a trading volume of 271,284 shares, compared to its average volume of 754,464. The stock has a market cap of $9.78 billion, a price-to-earnings ratio of -130.06, a PEG ratio of 2.46 and a beta of 1.38. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year 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 business has a fifty day moving average of $134.54 and a 200 day moving average of $120.37.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate 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 revenue was up 32.3% on a year-over-year basis. 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. On average, sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on MTSI. Benchmark reaffirmed a "buy" rating and issued a $160.00 target price on shares of MACOM Technology Solutions in a report on Friday, May 9th. Barclays raised their target price on shares of MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Stifel Nicolaus raised their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. Truist Financial raised their target price on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, Bank of America raised their target price on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, MACOM Technology Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $146.13.

Insider Buying and Selling

In other MACOM Technology Solutions news, CFO John Kober sold 1,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $123.40, for a total value of $123,400.00. Following the transaction, the chief financial officer directly owned 46,128 shares in the company, valued at $5,692,195.20. This represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephen G. Daly sold 14,665 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $122.71, for a total transaction of $1,799,542.15. Following the transaction, the chief executive officer owned 36,327 shares in the company, valued at approximately $4,457,686.17. This trade represents a 28.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,219 shares of company stock valued at $4,908,347 over the last three months. 16.30% of the stock is currently owned by insiders.

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.