S Squared Technology LLC Sells 32,000 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• S Squared Technology LLC significantly reduced its holdings in MACOM Technology Solutions by 78.2% during the first quarter, bringing its total shares to 8,946, valued at approximately $898,000.
• MACOM reported earnings of $0.90 per share for the recent quarter, beating estimates, with revenue increasing by 32.3% year-over-year to $252.08 million.
• Analysts have been optimistic, with several upgrades recently, including target price increases, resulting in a consensus rating of "Moderate Buy" and an average target price of $146.13 for the stock.

S Squared Technology LLC reduced its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 78.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,946 shares of the semiconductor company's stock after selling 32,000 shares during the quarter. S Squared Technology LLC's holdings in MACOM Technology Solutions were worth $898,000 as of its most recent SEC filing.

Several other hedge funds and 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 1st quarter worth approximately $25,000. Elequin Capital LP bought a new position in shares of MACOM Technology Solutions during the 4th quarter worth approximately $26,000. Versant Capital Management Inc boosted its stake in shares of 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 worth $29,000 after acquiring an additional 282 shares during the period. SVB Wealth LLC bought a new position in shares of MACOM Technology Solutions during the 1st quarter worth approximately $34,000. Finally, Allworth Financial LP grew its position in shares of MACOM Technology Solutions by 131.3% in 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. 76.14% of the stock is currently owned by institutional investors.

Insider Activity at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 45,986 shares of the company's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $131.12, for a total transaction of $6,029,684.32. Following the sale, the insider owned 3,956,165 shares in the company, valued at $518,732,354.80. This represents a 1.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Donghyun Thomas Hwang sold 5,000 shares of the company's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total value of $687,000.00. Following the sale, the senior vice president owned 30,779 shares in the company, valued at approximately $4,229,034.60. The trade was a 13.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 174,256 shares of company stock worth $22,948,632 over the last quarter. 16.30% of the stock is owned by company insiders.

MACOM Technology Solutions Trading Up 0.6%

Shares of NASDAQ:MTSI traded up $0.80 during mid-day trading on Friday, reaching $131.87. 938,313 shares of the company's stock were exchanged, compared to its average volume of 761,081. The firm has a market capitalization of $9.82 billion, a price-to-earnings ratio of -130.56, a PEG ratio of 2.50 and a beta of 1.49. The business's fifty day moving average price is $132.57 and its 200-day moving average price is $120.91. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve month high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 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%. MACOM Technology Solutions's revenue was up 32.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MTSI shares. Truist Financial upped their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Bank of America boosted their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Stifel Nicolaus upped 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. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Finally, Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. 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 MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $146.13.

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.