Susan Ocampo Sells 45,986 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

Key Points

• Major shareholder Susan Ocampo sold 45,986 shares of MACOM Technology Solutions stock on September 9th for a total value of approximately $6.03 million, reducing her ownership by 1.15%.
• The company's stock traded down 0.4% on the day, reaching $129.79, with a market capitalization of $9.67 billion.
• Analysts have a consensus rating of "Moderate Buy" for MACOM Technology Solutions, with price targets ranging from $140 to $160.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 45,986 shares of the business's stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $131.12, for a total value of $6,029,684.32. Following the transaction, the insider owned 3,956,165 shares of the company's stock, valued at $518,732,354.80. This trade represents a 1.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

Susan Ocampo also recently made the following trade(s):

• On Friday, September 12th, Susan Ocampo sold 89,868 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $132.86, for a total value of $11,939,862.48.
• On Thursday, September 11th, Susan Ocampo sold 80,891 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $132.49, for a total value of $10,717,248.59.
• On Wednesday, September 10th, Susan Ocampo sold 50,361 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $132.64, for a total value of $6,679,883.04.
• On Monday, September 8th, Susan Ocampo sold 3,195 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $132.06, for a total value of $421,931.70.
• On Friday, September 5th, Susan Ocampo sold 113,275 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $131.41, for a total value of $14,885,467.75.

MACOM Technology Solutions Stock Performance

MTSI stock traded up $0.80 during trading on Friday, reaching $131.87. 938,313 shares of the company's stock were exchanged, compared to its average volume of 691,078. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $152.50. The company's fifty day moving average price is $132.38 and its 200-day moving average price is $121.03. The firm has a market cap of $9.82 billion, a PE ratio of -130.56, a P/E/G ratio of 2.49 and a beta of 1.49.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to analyst estimates 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 firm's quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MTSI shares. Bank of America upped their price objective on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Stifel Nicolaus upped their price objective on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Finally, Truist Financial upped their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $146.13.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in MACOM Technology Solutions during the second quarter valued at $113,936,000. Fiera Capital Corp acquired a new position in MACOM Technology Solutions during the second quarter valued at $41,744,000. AQR Capital Management LLC raised its position in MACOM Technology Solutions by 5,891.8% during the first quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company's stock valued at $23,510,000 after buying an additional 243,271 shares during the period. Nuveen LLC acquired a new position in MACOM Technology Solutions during the first quarter valued at $23,767,000. Finally, Bank of New York Mellon Corp raised its position in MACOM Technology Solutions by 52.2% during the second quarter. Bank of New York Mellon Corp now owns 628,882 shares of the semiconductor company's stock valued at $90,113,000 after buying an additional 215,578 shares during the period. 76.14% of the stock is owned by hedge funds and other institutional investors.

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.