S Squared Technology LLC Reduces Stock Position in 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 cut its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 78.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,946 shares of the semiconductor company's stock after selling 32,000 shares during the period. S Squared Technology LLC's holdings in MACOM Technology Solutions were worth $898,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted 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 during the last quarter. Alliancebernstein L.P. lifted its holdings in MACOM Technology Solutions by 2.4% in the first quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock valued at $147,436,000 after acquiring an additional 34,214 shares during the last quarter. GW&K Investment Management LLC lifted its holdings in MACOM Technology Solutions by 9.9% in the first quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock valued at $127,990,000 after acquiring an additional 114,780 shares during the last quarter. Millennium Management LLC lifted its holdings in MACOM Technology Solutions by 14.8% in the fourth quarter. Millennium Management LLC now owns 850,687 shares of the semiconductor company's stock valued at $110,513,000 after acquiring an additional 109,529 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in MACOM Technology Solutions by 18.4% in the first quarter. Jennison Associates LLC now owns 630,406 shares of the semiconductor company's stock valued at $63,280,000 after acquiring an additional 97,943 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MTSI has been the topic of a number of research reports. Truist Financial upped their price target on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Bank of America upped their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Stifel Nicolaus upped their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $146.13.

MACOM Technology Solutions Stock Up 0.6%

Shares of NASDAQ MTSI traded up $0.80 during mid-day trading on Friday, hitting $131.87. The company had a trading volume of 938,313 shares, compared to its average volume of 711,143. The company has a market capitalization of $9.82 billion, a PE ratio of -130.56, a price-to-earnings-growth ratio of 2.50 and a beta of 1.49. 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's 50-day simple moving average is $132.38 and its 200 day simple moving average is $121.09.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced 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 for 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% compared to the same quarter last year. During the same period last year, the firm earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Jihye Whang Rosenband sold 800 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $123.81, for a total value of $99,048.00. Following the sale, the director directly owned 7,189 shares in the company, valued at approximately $890,070.09. This trade represents a 10.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Susan Ocampo sold 89,868 shares of the stock in a transaction on Friday, September 12th. The shares were sold at an average price of $132.86, for a total value of $11,939,862.48. Following the completion of the sale, the insider owned 3,735,045 shares in the company, valued at approximately $496,238,078.70. The trade was a 2.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 395,376 shares of company stock valued at $52,285,626. 16.30% of the stock is owned by company insiders.

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.