Susan Ocampo Sells 150,000 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

Key Points

• Susan Ocampo, a major shareholder of MACOM Technology Solutions, sold 150,000 shares for approximately $19.96 million, reducing her ownership by 4.26% as of September 18.
• The company's stock traded at $129.49, with a market capitalization of $9.64 billion, while it has a 12-month price range of $84.00 to $152.50.
• MACOM Technology Solutions reported a 32.3% increase in revenue year-over-year and exceeded analysts' EPS estimates in its latest quarterly earnings.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 150,000 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $133.09, for a total transaction of $19,963,500.00. Following the completion of the sale, the insider owned 3,372,186 shares of the company's stock, valued at approximately $448,804,234.74. The trade was a 4.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

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

• On Wednesday, September 17th, Susan Ocampo sold 62,435 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $133.02, for a total value of $8,305,103.70.
• On Monday, September 15th, Susan Ocampo sold 150,424 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $132.43, for a total transaction of $19,920,650.32.
• On Friday, September 12th, Susan Ocampo sold 89,868 shares of MACOM Technology Solutions stock. The shares were 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 transaction 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 Tuesday, September 9th, Susan Ocampo sold 45,986 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $131.12, for a total value of $6,029,684.32.
• On Monday, September 8th, Susan Ocampo sold 3,195 shares of MACOM Technology Solutions stock. The shares were 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 shares were sold at an average price of $131.41, for a total value of $14,885,467.75.

MACOM Technology Solutions Stock Down 0.7%

Shares of NASDAQ:MTSI traded down $0.91 on Tuesday, hitting $128.58. 307,286 shares of the company traded hands, compared to its average volume of 792,725. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $152.50. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The stock has a 50 day simple moving average of $131.49 and a 200-day simple moving average of $121.98. The company has a market cap of $9.58 billion, a PE ratio of -127.10, a PEG ratio of 2.41 and a beta of 1.49.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company had revenue of $252.08 million for the quarter, compared to the consensus estimate of $249.89 million. During the same period in the prior year, the firm posted $0.66 EPS. MACOM Technology Solutions's revenue for the quarter 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. As a group, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MTSI shares. Truist Financial boosted their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a report on Monday, July 7th. Stifel Nicolaus increased 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. Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Bank of America upped their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, Zacks Research upgraded shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. One research 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 MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $146.13.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in MACOM Technology Solutions in the 2nd quarter worth approximately $113,936,000. Fiera Capital Corp bought a new stake in MACOM Technology Solutions during the second quarter worth approximately $41,744,000. AQR Capital Management LLC increased its stake 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 worth $23,510,000 after acquiring an additional 243,271 shares during the last quarter. Nuveen LLC bought a new stake in MACOM Technology Solutions during the first quarter worth approximately $23,767,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of MACOM Technology Solutions by 52.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 628,882 shares of the semiconductor company's stock worth $90,113,000 after purchasing an additional 215,578 shares during the period. 76.14% of the stock is owned by hedge funds and other institutional investors.

About MACOM Technology Solutions

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.