MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells $2,409,405.12 in Stock

Key Points

• CFO John Kober sold 7,389 MACOM shares for approximately $2.41 million at an average price of $326.08 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 18.03% to 33,583 shares.
• MACOM reported strong quarterly results, with EPS of $1.40 and revenue of $342.24 million, beating estimates and reflecting 35.8% year-over-year revenue growth.
• The stock recently traded at $269.98, while analysts maintain a “Moderate Buy” consensus and an average price target of $341.82; institutional investors own 76.14% of shares.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares of the company's stock, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 $22.90 on Wednesday, reaching $269.98. 1,796,650 shares of the stock were exchanged, compared to its average volume of 1,477,561. MACOM Technology Solutions Holdings, Inc. has a one year low of $118.28 and a one year high of $418.90. The firm's 50 day moving average is $316.79 and its 200-day moving average is $291.46. The firm has a market cap of $20.62 billion, a PE ratio of 86.81, a P/E/G ratio of 1.99 and a beta of 1.70. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34.

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

Hedge Funds Weigh In On MACOM Technology Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTSI. Empowered Funds LLC acquired a new stake in MACOM Technology Solutions in the 2nd quarter valued at about $17,852,000. United Capital Financial Advisors LLC acquired a new stake in shares of MACOM Technology Solutions in the second quarter valued at about $547,000. Equitable Holdings Inc. acquired a new stake in shares of MACOM Technology Solutions during the second quarter worth approximately $262,000. Jefferies Financial Group Inc. bought a new stake in MACOM Technology Solutions in the second quarter valued at approximately $1,688,000. Finally, Public Employees Retirement System of Ohio bought a new stake in MACOM Technology Solutions in the 2nd quarter valued at $7,623,000. 76.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on MTSI. Susquehanna cut their price objective on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating on the stock in a report on Tuesday, July 21st. Truist Financial increased their price target on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Benchmark started coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They set a "buy" rating and a $375.00 target price on the stock. Needham & Company LLC raised their target price on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $341.82.

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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