3,656 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Acquired by United Services Automobile Association

Key Points

• United Services Automobile Association has initiated a new position in MACOM Technology Solutions by purchasing 3,656 shares worth approximately $360,000.
• Several institutional investors, including AQR Capital Management and Nuveen LLC, have significantly increased their stakes in MACOM, indicating strong interest in the semiconductor company.
• Research firms have been bullish on MACOM, with multiple upgrades to their price targets, and a consensus average target price of $146.13 reflects growing confidence in the company's performance.

United Services Automobile Association bought a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,656 shares of the semiconductor company's stock, valued at approximately $360,000.

A number of other institutional investors also recently modified their holdings of MTSI. Opal Wealth Advisors LLC bought a new position in shares of MACOM Technology Solutions in the first quarter valued at approximately $25,000. Elequin Capital LP bought a new position in MACOM Technology Solutions in the 4th quarter worth approximately $26,000. Versant Capital Management Inc raised its position in MACOM Technology Solutions by 9,400.0% in the 1st quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 282 shares during the last quarter. SVB Wealth LLC bought a new position in MACOM Technology Solutions in the 1st quarter worth approximately $34,000. Finally, Allworth Financial LP raised its position in MACOM Technology Solutions by 131.3% in the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 197 shares during the last quarter. Institutional investors own 76.14% of the company's stock.

Analysts Set New Price Targets

MTSI has been the subject of several research analyst reports. Truist Financial boosted their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Zacks Research upgraded shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. Bank of America boosted their price objective on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Finally, Stifel Nicolaus raised their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

MACOM Technology Solutions Trading Down 0.3%

Shares of MTSI traded down $0.45 during trading hours on Monday, reaching $131.42. The stock had a trading volume of 691,475 shares, compared to its average volume of 760,683. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50. The firm has a 50-day moving average of $132.38 and a 200 day moving average of $121.09. The company has a market cap of $9.79 billion, a P/E ratio of -130.12, a P/E/G ratio of 2.50 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 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.01. The business had revenue of $252.08 million during the quarter, compared to analysts' expectations of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm's quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Insider Transactions at MACOM Technology Solutions

In other news, SVP Donghyun Thomas Hwang sold 5,000 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total transaction of $687,000.00. Following the completion of the transaction, the senior vice president directly owned 30,779 shares in the company, valued at $4,229,034.60. This represents a 13.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jihye Whang Rosenband sold 800 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $123.81, for a total transaction of $99,048.00. Following the transaction, the director owned 7,189 shares of the company's stock, valued at approximately $890,070.09. This represents a 10.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 395,376 shares of company stock worth $52,285,626. 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.