MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells 21,036 Shares of Company Stock

Key Points

• CFO John Kober sold 21,036 MACOM shares for about $4.35 million, reducing his direct stake by 36.53% to 36,553 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, beating the $2.00 consensus, while revenue rose 62.6% year over year to $424.82 million. The company guided to Q1 2027 EPS of $2.21–$2.29.
• Analysts’ consensus rating is Moderate Buy, with a $316.25 average price target, though several firms recently lowered their targets.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) CFO John Kober sold 21,036 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $206.91, for a total value of $4,352,558.76. Following the completion of the sale, the chief financial officer directly owned 36,553 shares of the company's stock, valued at approximately $7,563,181.23. The trade was a 36.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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 Monday, November 9th, John Kober sold 973 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $212.43, for a total transaction of $206,694.39.
• On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $236.60, for a total transaction of $242,988.20.
• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12.

MACOM Technology Solutions Stock Performance

NASDAQ MTSI traded up $19.02 during trading on Monday, reaching $230.00. 3,600,341 shares of the company's stock were exchanged, compared to its average volume of 1,786,318. The business has a 50 day moving average price of $270.22 and a 200-day moving average price of $282.83. The stock has a market capitalization of $17.57 billion, a P/E ratio of 53.49, a PEG ratio of 0.76 and a beta of 1.82. 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 fifty-two week low of $150.80 and a fifty-two week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%. The company had revenue of $424.82 million during the quarter, compared to analysts' expectations of $420.35 million. During the same period last year, the firm posted $0.94 earnings per share. The business'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. Sell-side analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 7.09 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Burkett Financial Services LLC acquired a new stake in shares of MACOM Technology Solutions during the third quarter valued at about $38,000. Mather Group LLC. increased its stake in shares of MACOM Technology Solutions by 41.0% in the third quarter. Mather Group LLC. now owns 141 shares of the semiconductor company's stock valued at $40,000 after buying an additional 41 shares during the period. Bell Investment Advisors Inc bought a new position in MACOM Technology Solutions in the 2nd quarter valued at approximately $49,000. Jacobi Capital Management LLC bought a new position in MACOM Technology Solutions in the 3rd quarter valued at approximately $51,000. Finally, Keating Financial Advisory Services Inc. acquired a new stake in MACOM Technology Solutions during the 2nd quarter worth approximately $58,000. Institutional investors own 76.14% of the company's stock.

Analyst Ratings Changes

MTSI has been the subject of a number of research analyst reports. Raymond James Financial upgraded MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $300.00 price objective for the company in a report on Tuesday, October 27th. Susquehanna lowered their target price on MACOM Technology Solutions from $300.00 to $220.00 and set a "neutral" rating on the stock in a research note on Thursday. JPMorgan Chase & Co. dropped their price target on MACOM Technology Solutions from $345.00 to $280.00 and set a "neutral" rating for the company in a report on Friday. Truist Financial reduced their price target on MACOM Technology Solutions from $375.00 to $310.00 and set a "buy" rating for the company in a research note on Friday. Finally, Weiss Ratings lowered MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus 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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