MACOM Technology Solutions (NASDAQ:MTSI) COO Robert Dennehy Sells 252 Shares of Stock

Key Points

• COO Robert Dennehy sold 252 MACOM shares at an average price of $275.20, generating approximately $69,350. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving him with 12,758 shares.
• MACOM exceeded quarterly expectations, reporting $1.40 EPS and $342.24 million in revenue, with revenue rising 35.8% year over year. However, the stock trades at a high P/E ratio of 84.25 and recently stood below its 50- and 200-day moving averages.
• Analyst sentiment remains positive, with the stock holding a “Moderate Buy” consensus rating and an average price target of $341.25. AI demand and recovering automotive and industrial markets are viewed as growth drivers, while institutional investors own 76.14% of the shares.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) COO Robert Dennehy sold 252 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares of the company's stock, valued at $3,511,001.60. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock traded down $1.82 during trading on Tuesday, hitting $262.01. The stock had a trading volume of 1,084,554 shares, compared to its average volume of 1,455,906. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The firm has a market cap of $20.01 billion, a price-to-earnings ratio of 84.25, a P/E/G ratio of 1.52 and a beta of 1.70. The business's 50-day moving average is $296.73 and its 200 day moving average is $293.99.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to analysts' expectations of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The firm's revenue was up 35.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current year.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of large investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in MACOM Technology Solutions in the third quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of MACOM Technology Solutions during the fourth quarter worth approximately $30,000. GHP Investment Advisors Inc. bought a new stake in shares of MACOM Technology Solutions in the 1st quarter worth approximately $31,000. Clearstead Advisors LLC lifted 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 acquiring an additional 144 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of MACOM Technology Solutions in the 4th quarter valued at $46,000. 76.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 24th. JPMorgan Chase & Co. boosted their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a research note on Friday, May 8th. Weiss Ratings cut shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, August 21st. BMO Capital Markets started coverage on shares of MACOM Technology Solutions in a research report on Friday, August 21st. They set a "market perform" rating and a $335.00 price objective on the stock. Finally, Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $341.25.

Trending Headlines about MACOM Technology Solutions

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Zacks maintains a “Strong Buy” view and raises earnings forecasts. Zacks lifted its FY2026 EPS estimate to $4.35 from $3.49, FY2027 to $4.84 from $3.99, and FY2028 to $4.53 from $4.23. Estimates were also raised for Q4 2026, Q1 and Q2 2027, Q3 2027, and Q1 and Q2 2028, signaling stronger expected earnings momentum. MarketBeat analyst estimates
• Positive Sentiment: Industry trends support growth. Zacks identified AI-related demand and recovering automotive and industrial activity as key drivers for analog and mixed-signal chipmakers, including MTSI. This provides a favorable backdrop for MACOM’s growth outlook. Zacks analog and mixed-signal industry outlook
• Neutral Sentiment: Recent operating performance remains strong. MACOM’s latest reported quarter exceeded revenue and EPS expectations, with revenue up 35.8% year over year. The company also has relatively modest leverage, but investors are paying a high earnings multiple, leaving the stock sensitive to changes in expectations.
• Negative Sentiment: Not all estimates moved higher. Zacks trimmed its Q3 2028 EPS forecast to $1.13 from $1.15. While the reduction is modest and the overall forecast revisions remain positive, it may reinforce concerns about the stock’s premium valuation and explain some of the recent weakness.

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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