MACOM Technology Solutions (NASDAQ:MTSI) Stock: Insider Ambra Roth Sells 9,497 Shares

Key Points

• SVP Ambra Roth sold 9,497 shares for about $2.15 million, reducing her holdings by 37.74%. The sale was made under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards.
• MACOM beat quarterly estimates, reporting EPS of $2.09 versus $2.00 expected and revenue of $424.82 million versus $420.35 million; revenue grew 62.6% year over year. The company forecast Q1 2027 EPS of $2.21–$2.29.
• Analysts rate the stock a consensus “Moderate Buy”, with an average price target of $316.25.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) SVP Ambra Roth sold 9,497 shares of the business's stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $226.65, for a total value of $2,152,495.05. Following the sale, the senior vice president owned 15,666 shares of the company's stock, valued at $3,550,698.90. The trade was a 37.74% decrease in their ownership of the stock. The sale was disclosed in a 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.

MACOM Technology Solutions Price Performance

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

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $420.35 million. During the same quarter in the previous year, the company posted $0.94 EPS. The firm's quarterly 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. Equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 7.09 earnings per share for the current fiscal year.

Institutional Trading of MACOM Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jupiter Topco LLC acquired a new position in shares of MACOM Technology Solutions during the 2nd quarter valued at about $256,612,000. Bank of America Corp DE purchased a new stake in shares of MACOM Technology Solutions in the second quarter valued at about $247,732,000. Bank of New York Mellon Corp acquired a new stake in MACOM Technology Solutions during the second quarter worth about $204,593,000. Janus Henderson Group PLC increased its position in MACOM Technology Solutions by 15.5% during the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company's stock worth $174,109,000 after purchasing an additional 105,032 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in MACOM Technology Solutions by 0.5% during the third 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 last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on MTSI. Raymond James Financial upgraded shares of MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $300.00 price target on the stock in a research report on Tuesday, October 27th. Needham & Company LLC cut their price objective on shares of MACOM Technology Solutions from $410.00 to $300.00 and set a "buy" rating for the company in a report on Thursday. Benchmark started coverage on shares of MACOM Technology Solutions in a research note on Thursday, August 13th. They issued a "buy" rating and a $375.00 target price on the stock. Weiss Ratings cut MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, August 21st. Finally, BMO Capital Markets upgraded MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $335.00 target price on the stock in a report on Friday, September 18th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions has a consensus rating of "Moderate Buy" and an average 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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