Teza Capital Management LLC Trims Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Teza Capital Management LLC has decreased its stake in MACOM Technology Solutions by 69.9%, now holding 3,348 shares after selling 7,763 during the first quarter.
• Analysts have recently upgraded MACOM Technology Solutions' ratings, with price targets raised by firms such as Stifel Nicolaus and Bank of America, indicating a positive outlook for the stock.
• MACOM Technology Solutions reported a revenue increase of 32.3% year-over-year, achieving $252.08 million with earnings per share of $0.90.

Teza Capital Management LLC lowered its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 69.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,348 shares of the semiconductor company's stock after selling 7,763 shares during the quarter. Teza Capital Management LLC's holdings in MACOM Technology Solutions were worth $336,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of MACOM Technology Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock valued at $667,171,000 after buying an additional 129,201 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in MACOM Technology Solutions by 2.4% during the 1st quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock worth $147,436,000 after purchasing an additional 34,214 shares in the last quarter. GW&K Investment Management LLC raised its holdings in shares of MACOM Technology Solutions by 9.9% in the 1st 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 in the last quarter. Millennium Management LLC raised its holdings in shares of MACOM Technology Solutions by 14.8% in the 4th 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 in the last quarter. Finally, Jennison Associates LLC raised its holdings in shares of MACOM Technology Solutions by 18.4% in the 1st 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 in the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Stock Up 0.6%

NASDAQ:MTSI traded up $0.80 during trading hours on Friday, reaching $131.87. 938,313 shares of the company traded hands, compared to its average volume of 711,143. The business's 50-day moving average price is $132.38 and its two-hundred day moving average price is $121.09. The stock has a market capitalization of $9.82 billion, a P/E ratio of -130.56, a P/E/G ratio of 2.50 and a beta of 1.49. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $84.00 and a 1 year 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.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS 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 company had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. MACOM Technology Solutions'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. Analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MTSI. Bank of America increased their price objective 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. Stifel Nicolaus increased their price objective 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. Truist Financial increased their price objective 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. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Finally, Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $146.13.

Insiders Place Their Bets

In other news, CFO John Kober sold 1,000 shares of the business's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $123.40, for a total value of $123,400.00. Following the transaction, the chief financial officer directly owned 46,128 shares in the company, valued at $5,692,195.20. The trade was a 2.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert Dennehy sold 5,000 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $140.42, for a total value of $702,100.00. Following the completion of the sale, the senior vice president owned 15,680 shares in the company, valued at $2,201,785.60. This represents a 24.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 395,376 shares of company stock valued at $52,285,626. Insiders own 16.30% of the company's stock.

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.