MACOM Technology Solutions (NASDAQ:MTSI) Director Sells $99,048.00 in Stock

Key Points

• Director Jihye Whang Rosenband sold 800 shares of MACOM Technology Solutions at an average price of $123.81, totaling $99,048.00, which represented a 10.01% decrease in their ownership.
• MACOM Technology Solutions reported a 32.3% year-over-year revenue increase, with a quarterly revenue of $252.08 million and an EPS of $0.90, exceeding analysts' expectations.
• Several investment firms, including Truist Financial and Bank of America, have recently raised their price targets for MACOM, indicating a positive outlook for the stock with a consensus rating of "Moderate Buy".

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) Director Jihye Whang Rosenband sold 800 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $123.81, for a total value of $99,048.00. Following the completion of the transaction, the director owned 7,189 shares in the company, valued at $890,070.09. The trade was a 10.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

MACOM Technology Solutions Price Performance

Shares of NASDAQ MTSI traded up $0.54 during mid-day trading on Monday, reaching $126.69. The company had a trading volume of 678,024 shares, compared to its average volume of 755,678. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50. The firm has a market cap of $9.43 billion, a price-to-earnings ratio of -125.44, a PEG ratio of 2.39 and a beta of 1.38. The business's 50-day simple moving average is $134.78 and its 200 day simple moving average is $120.18.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The company had revenue of $252.08 million for the quarter, compared to analysts' expectations of $249.89 million. During the same quarter last year, the business earned $0.66 earnings per share. MACOM Technology Solutions's revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Institutional Trading of MACOM Technology Solutions

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of MACOM Technology Solutions by 2.0% during the first quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company's stock valued at $667,171,000 after purchasing an additional 129,201 shares in the last quarter. Invesco Ltd. boosted its stake in shares of MACOM Technology Solutions by 3.2% during the second quarter. Invesco Ltd. now owns 3,464,854 shares of the semiconductor company's stock valued at $496,479,000 after purchasing an additional 106,004 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of MACOM Technology Solutions by 2.4% during the first quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock valued at $147,436,000 after purchasing an additional 34,214 shares in the last quarter. GW&K Investment Management LLC boosted its stake in shares of MACOM Technology Solutions by 9.9% during the first quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock valued at $127,990,000 after purchasing an additional 114,780 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of MACOM Technology Solutions by 2.5% during the second quarter. Geode Capital Management LLC now owns 1,152,581 shares of the semiconductor company's stock valued at $165,177,000 after purchasing an additional 28,257 shares in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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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