MACOM Technology Solutions (NASDAQ:MTSI) Cut to "Hold" at Wall Street Zen

Key Points

• MACOM Technology Solutions (NASDAQ:MTSI) was downgraded from a "buy" to a "hold" rating by Wall Street Zen amid various mixed evaluations from other analysts that maintain mostly positive ratings.
• The company's stock has shown significant price fluctuation, with a 52-week low of $84.00 and a high of $152.50, and currently trades at $127.41.
• Recent earnings reports indicate a strong revenue growth of 32.3% year-over-year, with reported earnings per share of $0.90 for the most recent quarter, slightly above the consensus estimate.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Friday.

MTSI has been the topic of several other research reports. Stifel Nicolaus upped their target price on MACOM Technology Solutions from $140.00 to $155.00 and gave the company a "buy" rating in a report on Friday, July 18th. Truist Financial increased their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. Bank of America increased their target price on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a report on Tuesday, June 24th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of MACOM Technology Solutions in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $146.56.

MACOM Technology Solutions Price Performance

MTSI traded down $0.68 on Friday, hitting $127.41. 757,818 shares of the company were exchanged, compared to its average volume of 1,214,262. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The business's fifty day moving average is $129.29 and its 200 day moving average is $123.08. MACOM Technology Solutions has a fifty-two week low of $84.00 and a fifty-two week high of $152.50. The firm has a market capitalization of $9.49 billion, a P/E ratio of -126.15, a price-to-earnings-growth ratio of 1.89 and a beta of 1.48.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. The company had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions will post 2.43 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Donghyun Thomas Hwang sold 5,000 shares of MACOM Technology Solutions stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total value of $687,000.00. Following the transaction, the senior vice president directly owned 30,779 shares of the company's stock, valued at $4,229,034.60. The trade was a 13.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Susan Ocampo sold 150,424 shares of MACOM Technology Solutions stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $132.43, for a total value of $19,920,650.32. Following the completion of the transaction, the insider directly owned 3,584,621 shares in the company, valued at $474,711,359.03. This represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 753,235 shares of company stock worth $99,772,780. 16.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC lifted its stake in shares of MACOM Technology Solutions by 106.4% during the second quarter. Corient Private Wealth LLC now owns 4,158 shares of the semiconductor company's stock worth $596,000 after purchasing an additional 2,143 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of MACOM Technology Solutions by 19.4% during the second quarter. Osaic Holdings Inc. now owns 3,347 shares of the semiconductor company's stock worth $475,000 after purchasing an additional 543 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in MACOM Technology Solutions by 59.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 25,137 shares of the semiconductor company's stock worth $3,602,000 after acquiring an additional 9,417 shares in the last quarter. Ion Asset Management Ltd. lifted its position in MACOM Technology Solutions by 53.8% during the 2nd quarter. Ion Asset Management Ltd. now owns 20,000 shares of the semiconductor company's stock worth $2,866,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in MACOM Technology Solutions by 18.5% during the 2nd quarter. Captrust Financial Advisors now owns 10,767 shares of the semiconductor company's stock worth $1,543,000 after acquiring an additional 1,683 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company's stock.

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.

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