MACOM Technology Solutions Holdings, Inc. $MTSI Stock Position Lessened by Sei Investments Co.

Key Points

• Sei Investments Co. reduced its stake in MACOM Technology Solutions by 1.5% in Q1, holding 270,264 shares valued at approximately $27.1 million after selling 4,021 shares.
• Insiders have sold 148,812 shares worth $18.6 million in the past three months, with MACOM's CFO selling 1,000 shares for about $123,400.
• MACOM Technology Solutions reported a 32.3% year-over-year increase in revenue for the quarter, with earnings per share of $0.90, beating analyst estimates.

Sei Investments Co. cut its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 1.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 270,264 shares of the semiconductor company's stock after selling 4,021 shares during the period. Sei Investments Co. owned approximately 0.36% of MACOM Technology Solutions worth $27,129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new position in MACOM Technology Solutions during the 1st quarter worth approximately $96,000. Russell Investments Group Ltd. raised its position in shares of MACOM Technology Solutions by 87.1% in the 1st quarter. Russell Investments Group Ltd. now owns 13,396 shares of the semiconductor company's stock valued at $1,345,000 after purchasing an additional 6,236 shares in the last quarter. Nuveen LLC acquired a new position in shares of MACOM Technology Solutions in the 1st quarter valued at approximately $23,767,000. Townsquare Capital LLC raised its position in shares of MACOM Technology Solutions by 39.3% in the 1st quarter. Townsquare Capital LLC now owns 4,696 shares of the semiconductor company's stock valued at $471,000 after purchasing an additional 1,325 shares in the last quarter. Finally, National Bank of Canada FI acquired a new position in shares of MACOM Technology Solutions in the 1st quarter valued at approximately $365,000. 76.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at MACOM Technology Solutions

In other news, CFO John Kober sold 1,000 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of $123.40, for a total value of $123,400.00. Following the completion of the transaction, the chief financial officer owned 46,128 shares of the company's stock, valued at approximately $5,692,195.20. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Susan Ocampo sold 104,449 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $123.98, for a total value of $12,949,587.02. Following the completion of the transaction, the director directly owned 4,118,621 shares of the company's stock, valued at approximately $510,626,631.58. The trade was a 2.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,118 shares of company stock valued at $18,041,599 over the last three months. 16.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. 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. 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. Bank of America upped 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. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Finally, Barclays upped their price target 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $146.13.

MACOM Technology Solutions Stock Performance

NASDAQ MTSI traded down $3.1330 during trading hours on Tuesday, hitting $121.4170. The company had a trading volume of 150,552 shares, compared to its average volume of 756,935. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week 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 simple moving average of $135.35 and a 200-day simple moving average of $120.44. The firm has a market cap of $9.04 billion, a P/E ratio of -119.89, a price-to-earnings-growth ratio of 2.32 and a beta of 1.38.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. During the same period last year, the company earned $0.66 earnings per share. The firm's revenue for the quarter was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Equities analysts predict 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.