VIRGINIA RETIREMENT SYSTEMS ET Al Takes $5.59 Million Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Virginia Retirement Systems bought a new 14,700-share position in MACOM Technology Solutions worth approximately $5.59 million during the second quarter. Institutional investors and hedge funds collectively own 76.14% of the company.
• MACOM insiders sold 10,261 shares worth about $3.48 million over the past quarter, including sales by the CFO and a senior vice president under pre-arranged Rule 10b5-1 plans.
• The company exceeded quarterly expectations, reporting $1.40 in adjusted EPS and $342.24 million in revenue, up 35.8% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $341.25.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,700 shares of the semiconductor company's stock, valued at approximately $5,591,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in MACOM Technology Solutions during the third quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of MACOM Technology Solutions in the 4th quarter valued at approximately $30,000. GHP Investment Advisors Inc. acquired a new position in shares of MACOM Technology Solutions in the 1st quarter worth approximately $31,000. Clearstead Advisors LLC raised its holdings in shares of MACOM Technology Solutions by 156.5% in the 4th quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company's stock worth $40,000 after buying an additional 144 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in shares of MACOM Technology Solutions in the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 76.14% of the company's stock.

Insider Transactions at MACOM Technology Solutions

In other news, SVP Donghyun Hwang sold 2,620 shares of the firm's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the completion of the sale, the senior vice president directly owned 29,756 shares in the company, valued at approximately $11,422,435.72. This trade represents a 8.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction dated Monday, August 17th. The shares were 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 directly owned 33,583 shares of the company's stock, valued at $10,950,744.64. This represents a 18.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 10,261 shares of company stock worth $3,484,495. Insiders own 0.36% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MTSI shares. Weiss Ratings lowered MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, August 21st. Zacks Research upgraded MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 24th. 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. HC Wainwright restated a "buy" rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Finally, BMO Capital Markets began coverage on shares of MACOM Technology Solutions in a report on Friday, August 21st. They issued a "market perform" rating and a $335.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of "Moderate Buy" and an average price target of $341.25.

MACOM Technology Solutions Stock Up 2.2%

Shares of MTSI opened at $274.80 on Wednesday. The company has a market capitalization of $20.99 billion, a P/E ratio of 88.36, a PEG ratio of 1.49 and a beta of 1.71. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions Holdings, Inc. has a one year low of $121.97 and a one year high of $418.90. The business's 50 day simple moving average is $283.42 and its 200-day simple moving average is $294.94.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating 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 firm had revenue of $342.24 million during the quarter, compared to analysts' expectations of $336.08 million. During the same period last year, the firm posted $0.90 EPS. The business's 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. As a group, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current fiscal year.

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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