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MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Susan Ocampo Sells 102,261 Shares

MACOM Technology Solutions logo with Computer and Technology background

Key Points

  • Susan Ocampo, a major shareholder of MACOM Technology Solutions, sold 102,261 shares at an average price of $140.06, totaling approximately $14.32 million, representing a 3.46% decrease in her ownership.
  • MACOM Technology Solutions' stock saw a slight increase of 0.8%, trading at $137.94, with a market capitalization of $10.27 billion.
  • Analysts have given the stock a consensus rating of "Moderate Buy" with a target price of $146.56, reflecting positive sentiment in the market.
  • Five stocks to consider instead of MACOM Technology Solutions.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 102,261 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $140.06, for a total transaction of $14,322,675.66. Following the completion of the sale, the insider owned 2,854,345 shares in the company, valued at approximately $399,779,560.70. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large 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, October 15th, Susan Ocampo sold 150,000 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $136.02, for a total transaction of $20,403,000.00.
  • On Tuesday, October 14th, Susan Ocampo sold 53,104 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $133.03, for a total value of $7,064,425.12.
  • On Wednesday, October 8th, Susan Ocampo sold 150,000 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $133.03, for a total value of $19,954,500.00.
  • On Tuesday, October 7th, Susan Ocampo sold 62,476 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $133.22, for a total value of $8,323,052.72.
  • On Thursday, September 18th, Susan Ocampo sold 150,000 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $133.09, for a total value of $19,963,500.00.
  • On Wednesday, September 17th, Susan Ocampo sold 62,435 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $133.02, for a total transaction 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 stock was sold at an average price of $132.86, for a total transaction 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 transaction of $6,679,883.04.

MACOM Technology Solutions Stock Up 0.8%

MACOM Technology Solutions stock traded up $1.11 during mid-day trading on Thursday, reaching $137.94. The company's stock had a trading volume of 1,214,260 shares, compared to its average volume of 1,311,021. 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 12 month low of $84.00 and a 12 month high of $152.50. The business's 50 day simple moving average is $128.25 and its 200 day simple moving average is $124.65. The company has a market capitalization of $10.27 billion, a price-to-earnings ratio of -136.57, a price-to-earnings-growth ratio of 2.03 and a beta of 1.48.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm 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 company's revenue was up 32.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Sowell Financial Services LLC grew its stake in shares of MACOM Technology Solutions by 3.9% in the second quarter. Sowell Financial Services LLC now owns 2,135 shares of the semiconductor company's stock valued at $306,000 after acquiring an additional 80 shares in the last quarter. Wedmont Private Capital grew its position in shares of MACOM Technology Solutions by 5.4% during the 3rd quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 99 shares in the last quarter. State of Michigan Retirement System increased its holdings in shares of MACOM Technology Solutions by 0.7% during the second quarter. State of Michigan Retirement System now owns 14,300 shares of the semiconductor company's stock worth $2,049,000 after purchasing an additional 100 shares during the period. ProShare Advisors LLC boosted its stake in shares of MACOM Technology Solutions by 4.1% in the second quarter. ProShare Advisors LLC now owns 2,638 shares of the semiconductor company's stock valued at $378,000 after buying an additional 105 shares during the period. Finally, Bessemer Group Inc. increased its stake in MACOM Technology Solutions by 44.0% during the 2nd quarter. Bessemer Group Inc. now owns 347 shares of the semiconductor company's stock worth $50,000 after acquiring an additional 106 shares during the period. Institutional investors and hedge funds own 76.14% of the company's stock.

Analyst Ratings Changes

MTSI has been the subject of a number of recent analyst reports. Bank of America increased 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 note on Tuesday, June 24th. TD Cowen started coverage on MACOM Technology Solutions in a report on Wednesday, October 1st. They set a "buy" rating and a $150.00 price target for the company. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Saturday, October 11th. 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 report on Friday, July 18th. Finally, Zacks Research raised MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. One investment 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $146.56.

Get Our Latest Report on MACOM Technology Solutions

MACOM Technology Solutions Company Profile

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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.

See Also

Insider Buying and Selling by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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