MACOM Technology Solutions (NASDAQ:MTSI) CFO John Kober Sells 973 Shares of Company Stock

Key Points

• CFO John Kober sold 973 MACOM shares for about $206,694, reducing his direct holdings by 2.66% to 35,580 shares. The sale was made under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards.
• MACOM reported quarterly EPS of $2.09, ahead of the $2.00 consensus, while revenue rose 62.6% year over year to $424.82 million. The company also issued Q1 2027 EPS guidance of $2.21–$2.29.
• Analysts lowered several price targets, though the stock retained a “Moderate Buy” consensus rating and an average target of $316.25.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) CFO John Kober sold 973 shares of the business's stock in a transaction on Monday, November 9th. The stock was sold at an average price of $212.43, for a total value of $206,694.39. Following the completion of the sale, the chief financial officer directly owned 35,580 shares in the company, valued at $7,558,259.40. This represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Kober also recently made the following trade(s):

• On Friday, November 6th, John Kober sold 21,036 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $206.91, for a total value of $4,352,558.76.
• On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $236.60, for a total value of $242,988.20.
• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock traded up $19.02 during midday trading on Monday, hitting $230.00. The company's stock had a trading volume of 3,600,341 shares, compared to its average volume of 1,786,318. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. The stock's 50-day moving average price is $270.22 and its 200-day moving average price is $282.83. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $150.80 and a 12 month high of $418.90. The company has a market capitalization of $17.57 billion, a PE ratio of 53.49, a price-to-earnings-growth ratio of 0.76 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, beating analysts' consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $424.82 million during the quarter, compared to the consensus estimate of $420.35 million. During the same period in the prior year, the company earned $0.94 EPS. MACOM Technology Solutions's revenue was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 7.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MTSI. Janus Henderson Group PLC increased its position in shares of MACOM Technology Solutions by 15.5% in the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company's stock worth $174,109,000 after acquiring an additional 105,032 shares in the last quarter. Jupiter Topco LLC purchased a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at approximately $256,612,000. Bank of America Corp DE purchased a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at approximately $247,732,000. Bank of New York Mellon Corp acquired a new position in MACOM Technology Solutions in the 2nd quarter worth approximately $204,593,000. Finally, Bessemer Group Inc. boosted its stake in MACOM Technology Solutions by 0.5% in the 3rd quarter. Bessemer Group Inc. now owns 531,679 shares of the semiconductor company's stock worth $151,433,000 after purchasing an additional 2,617 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of MACOM Technology Solutions from $345.00 to $280.00 and set a "neutral" rating on the stock in a research report on Friday. Truist Financial cut their price objective on MACOM Technology Solutions from $375.00 to $310.00 and set a "buy" rating for the company in a research report on Friday. Needham & Company LLC reduced their price objective on MACOM Technology Solutions from $410.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday. Weiss Ratings cut MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, August 21st. Finally, Susquehanna cut their target price on MACOM Technology Solutions from $300.00 to $220.00 and set a "neutral" rating on the stock in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, MACOM Technology Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $316.25.

About MACOM Technology Solutions

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.

The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.

Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.

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