T. Rowe Price Investment Management Inc. Has $125.61 Million Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• T. Rowe Price Investment Management Inc. reduced its stake in MACOM Technology Solutions by 15.7%, holding approximately $125.61 million in shares after selling 233,588 shares in the 1st quarter.
• Several institutional investors increased their positions in MACOM, with Brooklyn Investment Group raising its stake by an astonishing 60,900%, now owning 610 shares worth $61,000.
• MACOM Technology Solutions reported earnings of $0.90 per share for the latest quarter, surpassing analysts' expectations and showing a 32.3% year-over-year increase in revenue.

T. Rowe Price Investment Management Inc. decreased its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 15.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,251,297 shares of the semiconductor company's stock after selling 233,588 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 1.68% of MACOM Technology Solutions worth $125,606,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Securian Asset Management Inc. lifted its stake in shares of MACOM Technology Solutions by 3.2% in the 1st quarter. Securian Asset Management Inc. now owns 4,517 shares of the semiconductor company's stock worth $453,000 after acquiring an additional 139 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake in MACOM Technology Solutions by 6.1% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 3,282 shares of the semiconductor company's stock valued at $329,000 after purchasing an additional 189 shares during the last quarter. ProShare Advisors LLC lifted its stake in MACOM Technology Solutions by 7.6% during the fourth quarter. ProShare Advisors LLC now owns 2,710 shares of the semiconductor company's stock valued at $352,000 after purchasing an additional 192 shares during the last quarter. Allworth Financial LP lifted its stake in MACOM Technology Solutions by 131.3% during 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. Finally, Elequin Capital LP acquired a new stake in MACOM Technology Solutions during the fourth quarter valued at approximately $26,000. Institutional investors own 76.14% of the company's stock.

Insider Activity at MACOM Technology Solutions

In other news, CFO John Kober sold 2,250 shares of the stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $125.65, for a total transaction of $282,712.50. Following the transaction, the chief financial officer owned 47,128 shares in the company, valued at $5,921,633.20. This represents a 4.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Robert Dennehy sold 5,000 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $140.42, for a total transaction of $702,100.00. Following the transaction, the senior vice president owned 15,680 shares in the company, valued at approximately $2,201,785.60. This trade represents a 24.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,469 shares of company stock worth $5,191,060 over the last quarter. 16.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on MTSI. Zacks Research raised shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Truist Financial upped their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Benchmark restated a "buy" rating and issued a $160.00 price target on shares of MACOM Technology Solutions in a research report on Friday, May 9th. Bank of America upped their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, Stifel Nicolaus upped their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $146.13.

MACOM Technology Solutions Stock Up 0.4%

MACOM Technology Solutions stock traded up $0.54 during trading hours on Monday, hitting $126.69. The company had a trading volume of 678,024 shares, compared to its average volume of 755,739. The firm has a market capitalization of $9.43 billion, a P/E ratio of -125.44, a price-to-earnings-growth ratio of 2.39 and a beta of 1.38. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. The firm's fifty day moving average is $134.78 and its 200-day moving average is $120.18. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm 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 company's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

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.