MACOM Technology Solutions Holdings, Inc. $MTSI Shares Bought by Swiss National Bank

Key Points

• The Swiss National Bank increased its stake in MACOM Technology Solutions by 5.0%, acquiring an additional 5,700 shares during the first quarter, bringing its total ownership to 119,250 shares valued at approximately $11.97 million.
• MACOM Technology Solutions reported an earnings per share (EPS) of $0.90, exceeding the consensus estimate by $0.01, with quarterly revenue up 32.3% compared to the same period last year.
• Various analysts raised their price targets for MACOM stock, with Truist Financial setting a new target of $154.00 and Stifel Nicolaus raising theirs to $155.00, indicating a generally positive sentiment towards the company's stock.

Swiss National Bank grew its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 5.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 119,250 shares of the semiconductor company's stock after buying an additional 5,700 shares during the period. Swiss National Bank owned about 0.16% of MACOM Technology Solutions worth $11,970,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Elequin Capital LP bought a new position in MACOM Technology Solutions during the 4th quarter worth approximately $26,000. Opal Wealth Advisors LLC bought a new position in MACOM Technology Solutions during the 1st quarter worth approximately $25,000. Versant Capital Management Inc lifted its holdings in 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 buying an additional 282 shares during the last quarter. Allworth Financial LP lifted its holdings in MACOM Technology Solutions by 131.3% during the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock worth $37,000 after buying an additional 197 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in MACOM Technology Solutions by 182.7% during the 1st quarter. UMB Bank n.a. now owns 670 shares of the semiconductor company's stock worth $67,000 after buying an additional 433 shares during the last quarter. Institutional investors own 76.14% of the company's stock.

Insider Transactions at MACOM Technology Solutions

In related news, Director Susan Ocampo sold 104,449 shares of the firm's stock in a transaction that occurred 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 sale, the director directly owned 4,118,621 shares in the company, valued at $510,626,631.58. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John Kober sold 1,000 shares of the firm's 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 completion of the sale, the chief financial officer owned 46,128 shares in the company, valued at approximately $5,692,195.20. This represents a 2.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 144,118 shares of company stock worth $18,041,599 over the last quarter. Insiders own 16.30% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on MTSI. Benchmark reaffirmed a "buy" rating and set a $160.00 target price on shares of MACOM Technology Solutions in a report on Friday, May 9th. Truist Financial increased their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Stifel Nicolaus increased their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Finally, Bank of America increased their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. One investment 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $146.13.

MACOM Technology Solutions Stock Performance

MTSI traded down $1.36 during trading hours on Tuesday, hitting $123.19. The company's stock had a trading volume of 64,187 shares, compared to its average volume of 756,488. 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 current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $9.17 billion, a PE ratio of -121.93, a PEG ratio of 2.32 and a beta of 1.38. The company has a 50-day simple moving average of $135.35 and a 200 day simple moving average of $120.44.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its 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. 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 analysts' expectations of $249.89 million. During the same period last year, the firm earned $0.66 EPS. The firm's revenue was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, 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.