Trexquant Investment LP Purchases New Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Trexquant Investment LP has acquired a new stake in MACOM Technology Solutions Holdings, Inc., purchasing 38,018 shares valued at approximately $3.8 million during the first quarter.
• Research analysts have recently increased their price targets for MACOM, with Barclays raising their target from $125 to $150, indicating a positive outlook for the stock.
• MACOM's stock is currently down 4.3% and has experienced significant insider selling, with executives offloading shares totaling over $3.1 million in the past three months.

Trexquant Investment LP acquired a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,018 shares of the semiconductor company's stock, valued at approximately $3,816,000. Trexquant Investment LP owned 0.05% of MACOM Technology Solutions at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions in the first quarter valued at approximately $25,000. Elequin Capital LP bought a new stake in shares of MACOM Technology Solutions in the fourth quarter valued at approximately $26,000. 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 valued at $29,000 after acquiring an additional 282 shares during the period. SVB Wealth LLC bought a new stake in shares of MACOM Technology Solutions in the first quarter valued at approximately $34,000. Finally, Allworth Financial LP raised its stake 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 valued at $37,000 after purchasing an additional 197 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock traded down $2.03 during mid-day trading on Friday, hitting $129.86. 979,559 shares of the company were exchanged, compared to its average volume of 753,626. 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 business has a fifty day moving average of $133.34 and a 200 day moving average of $120.64. 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 market capitalization of $9.67 billion, a PE ratio of -128.57, a price-to-earnings-growth ratio of 2.46 and a beta of 1.49.

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 (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 firm had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. During the same period in the prior year, the company posted $0.66 earnings per share. The business's revenue for the quarter 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MTSI. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Stifel Nicolaus upped their target price on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Bank of America upped their target price on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, June 24th. Benchmark restated a "buy" rating and issued a $160.00 target price on shares of MACOM Technology Solutions in a research note on Friday, May 9th. Finally, Barclays upped their target price on MACOM Technology Solutions from $125.00 to $150.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $146.13.

Insiders Place Their Bets

In other news, SVP Donghyun Thomas Hwang sold 5,000 shares of the stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total transaction of $687,000.00. Following the sale, the senior vice president owned 30,779 shares in the company, valued at approximately $4,229,034.60. This represents a 13.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 value of $702,100.00. Following the sale, the senior vice president owned 15,680 shares in the company, valued at $2,201,785.60. The trade was a 24.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,800 shares of company stock worth $1,611,548 over the last ninety days. Company insiders own 16.30% of the company's stock.

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.