Wellington Management Group LLP Sells 25,206 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Key Points

• Wellington Management Group LLP reduced its stake in MACOM Technology Solutions by 22.4%, selling 25,206 shares during the first quarter, leaving it with 87,525 shares valued at approximately $8.8 million.
• MACOM Technology Solutions reported a 32.3% year-over-year increase in revenue for its latest quarter, achieving $252.08 million and earnings per share of $0.90, slightly exceeding analyst expectations.
• Analysts have a consensus rating of "Moderate Buy" for MACOM Technology Solutions, with a price target averaging $146.13 after multiple firms increased their price targets above $150.

Wellington Management Group LLP decreased its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 22.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,525 shares of the semiconductor company's stock after selling 25,206 shares during the quarter. Wellington Management Group LLP owned about 0.12% of MACOM Technology Solutions worth $8,786,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elequin Capital LP bought a new stake in shares of MACOM Technology Solutions during the fourth quarter valued at approximately $26,000. Opal Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions during the first quarter valued at approximately $25,000. Versant Capital Management Inc increased its holdings in shares of MACOM Technology Solutions by 9,400.0% during 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 in the last quarter. Allworth Financial LP grew its holdings in MACOM Technology Solutions by 131.3% during 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 in the last quarter. Finally, Brooklyn Investment Group grew its holdings in MACOM Technology Solutions by 60,900.0% during the first quarter. Brooklyn Investment Group now owns 610 shares of the semiconductor company's stock worth $61,000 after buying an additional 609 shares in the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI traded up $2.90 during trading on Tuesday, reaching $131.05. The company's stock had a trading volume of 771,067 shares, compared to its average volume of 869,012. The firm has a market cap of $9.76 billion, a price-to-earnings ratio of -129.75, a price-to-earnings-growth ratio of 2.43 and a beta of 1.49. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The firm has a 50 day moving average of $133.97 and a 200-day moving average of $120.50. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.01. The firm had revenue of $252.08 million during the quarter, compared to the consensus estimate of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business's revenue for the quarter 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. Research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Truist Financial upped their price target on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Stifel Nicolaus upped their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, Barclays upped their price target on MACOM Technology Solutions from $125.00 to $150.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. One research 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 company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $146.13.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 5,000 shares of the company's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total value of $687,000.00. Following the completion of the transaction, the senior vice president owned 30,779 shares in the company, valued at $4,229,034.60. This represents a 13.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jihye Whang Rosenband sold 800 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $123.81, for a total value of $99,048.00. Following the completion of the transaction, the director owned 7,189 shares of the company's stock, valued at $890,070.09. This trade represents a 10.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,554 shares of company stock worth $3,108,805. Company insiders own 16.30% of the company's stock.

MACOM Technology Solutions Company 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.