Teza Capital Management LLC Takes $1.44 Million Position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Teza Capital Management LLC purchased a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 11,111 shares of the semiconductor company's stock, valued at approximately $1,443,000.

A number of other large investors have also bought and sold shares of the business. UMB Bank n.a. boosted its position in MACOM Technology Solutions by 74.3% in the 4th quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company's stock valued at $31,000 after buying an additional 101 shares during the last quarter. Empowered Funds LLC bought a new position in MACOM Technology Solutions in the 4th quarter valued at $33,000. SBI Securities Co. Ltd. bought a new position in MACOM Technology Solutions in the 4th quarter valued at $35,000. Smartleaf Asset Management LLC boosted its position in MACOM Technology Solutions by 97.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company's stock valued at $36,000 after buying an additional 138 shares during the last quarter. Finally, AlphaQuest LLC bought a new position in MACOM Technology Solutions in the 4th quarter valued at $42,000. 76.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other MACOM Technology Solutions news, Director Susan Ocampo sold 4,694 shares of MACOM Technology Solutions stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $123.50, for a total value of $579,709.00. Following the sale, the director now owns 4,223,070 shares of the company's stock, valued at $521,549,145. This trade represents a 0.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Donghyun Thomas Hwang sold 6,471 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $100.00, for a total value of $647,100.00. Following the completion of the sale, the senior vice president now directly owns 35,603 shares in the company, valued at $3,560,300. This represents a 15.38% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 420,560 shares of company stock valued at $51,836,937. 16.30% of the stock is owned by company insiders.

Analyst Ratings Changes

MTSI has been the topic of a number of recent research reports. Stifel Nicolaus decreased their price objective on MACOM Technology Solutions from $150.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. 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 reduced their price target on MACOM Technology Solutions from $160.00 to $130.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Barclays raised their price target on MACOM Technology Solutions from $125.00 to $150.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Finally, Northland Capmk upgraded MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $130.50.

MACOM Technology Solutions Trading Up 0.1%

MACOM Technology Solutions stock traded up $0.09 during mid-day trading on Friday, hitting $121.63. 429,025 shares of the company's stock were exchanged, compared to its average volume of 684,278. The firm has a market capitalization of $9.04 billion, a P/E ratio of -84.47, a PEG ratio of 2.42 and a beta of 1.36. 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 2.88, a current ratio of 3.61 and a debt-to-equity ratio of 0.33. The company's 50 day simple moving average is $106.90 and its 200-day simple moving average is $121.23.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The semiconductor company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.84 by $0.01. The business had revenue of $235.89 million for the quarter, compared to the consensus estimate of $230.04 million. MACOM Technology Solutions had a positive return on equity of 12.42% and a negative net margin of 13.05%. The firm's revenue was up 30.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 EPS. On average, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share 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.