The Manufacturers Life Insurance Company Boosts Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• The Manufacturers Life Insurance Company increased its stake in MACOM Technology Solutions by 9.1%, owning approximately 0.83% of the company with a total value of $61.95 million as of its latest SEC filing.
• Multiple institutional investors have recently acquired positions in MACOM, with hedge funds now holding 76.14% of the company's stock, indicating strong institutional interest.
• MACOM Technology Solutions' stock received multiple upgrades from analysts, with price targets raised by firms including Bank of America and Stifel Nicolaus, reflecting positive sentiment towards the company's future performance.

The Manufacturers Life Insurance Company lifted its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 9.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 617,174 shares of the semiconductor company's stock after buying an additional 51,531 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.83% of MACOM Technology Solutions worth $61,952,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Elequin Capital LP purchased a new stake in shares of MACOM Technology Solutions in the fourth quarter worth about $26,000. Opal Wealth Advisors LLC purchased a new stake in shares of MACOM Technology Solutions in the first quarter worth about $25,000. Versant Capital Management Inc boosted its position in shares of MACOM Technology Solutions by 9,400.0% in the first 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 period. SVB Wealth LLC purchased a new stake in shares of MACOM Technology Solutions in the first quarter worth about $34,000. Finally, Allworth Financial LP boosted its position in shares of MACOM Technology Solutions by 131.3% in the first 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 period. Hedge funds and other institutional investors own 76.14% of the company's stock.

Insider Activity

In other MACOM Technology Solutions news, Director Jihye Whang Rosenband sold 800 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $123.81, for a total transaction of $99,048.00. Following the sale, the director owned 7,189 shares in the company, valued at $890,070.09. This represents a 10.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Donghyun Thomas Hwang sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total value of $687,000.00. Following the sale, the senior vice president owned 30,779 shares in the company, valued at $4,229,034.60. The trade was a 13.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,219 shares of company stock valued at $4,908,347 over the last three months. Company insiders own 16.30% of the company's stock.

Analyst Upgrades and Downgrades

MTSI has been the subject of several analyst reports. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Bank of America upped their target price 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. Stifel Nicolaus boosted their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Finally, Truist Financial raised their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $146.13.

MACOM Technology Solutions Price Performance

Shares of NASDAQ MTSI opened at $128.15 on Friday. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50. The business has a 50 day moving average price of $134.36 and a two-hundred day moving average price of $120.40. 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 firm has a market cap of $9.54 billion, a PE ratio of -126.88, a price-to-earnings-growth ratio of 2.43 and a beta of 1.38.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $249.89 million. During the same quarter last year, the firm earned $0.66 EPS. MACOM Technology Solutions's quarterly revenue 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. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal 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.

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