Twin Tree Management LP Takes Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Twin Tree Management initiated a position in MACOM Technology Solutions worth approximately $1.9 million, while institutional investors collectively own 76.14% of the company.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $341.25; several firms recently raised their targets.
• MACOM exceeded quarterly expectations, reporting $1.40 in EPS and $342.24 million in revenue, with revenue up 35.8% year over year. Meanwhile, insiders sold roughly $9.2 million of stock over the past 90 days.

Twin Tree Management LP bought a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,981 shares of the semiconductor company's stock, valued at approximately $1,895,000.

Several other large investors have also recently added to or reduced their stakes in the business. Whale Rock Capital Management LLC purchased a new stake in MACOM Technology Solutions in the 4th quarter valued at about $134,164,000. Wellington Management Group LLP increased its stake in shares of MACOM Technology Solutions by 180.6% during the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company's stock valued at $122,802,000 after acquiring an additional 634,903 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of MACOM Technology Solutions by 170,782.0% during the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company's stock worth $97,465,000 after acquiring an additional 568,704 shares during the period. Norges Bank purchased a new position in shares of MACOM Technology Solutions during the 4th quarter worth about $97,397,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of MACOM Technology Solutions in the second quarter worth approximately $204,593,000. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a "neutral" rating in a report on Friday, May 8th. Needham & Company LLC increased their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Truist Financial lifted their price target on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a "buy" rating in a report on Friday, May 8th. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday, June 24th. Finally, Benchmark began coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They set a "buy" rating and a $375.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $341.25.

MACOM Technology Solutions Stock Up 0.2%

Shares of NASDAQ MTSI opened at $266.61 on Friday. The stock has a fifty day moving average price of $310.66 and a 200 day moving average price of $291.91. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $121.97 and a 12-month high of $418.90. The company has a market cap of $20.36 billion, a P/E ratio of 85.73, a P/E/G ratio of 1.53 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The company had revenue of $342.24 million for the quarter, compared to analysts' expectations of $336.08 million. During the same quarter in the previous year, the firm posted $0.90 earnings per share. The firm's quarterly revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current fiscal year.

Insider Activity at MACOM Technology Solutions

In related news, SVP Donghyun Thomas Hwang sold 2,620 shares of the business's stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the transaction, the senior vice president directly owned 29,756 shares of the company's stock, valued at approximately $11,422,435.72. The trade was a 8.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the company's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares of the company's stock, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 25,837 shares of company stock worth $9,204,236. 0.36% of the stock is currently owned by company insiders.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM's offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company's solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.

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