MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Susan Ocampo Sells 150,000 Shares

Key Points

• Major shareholder Susan Ocampo of MACOM Technology Solutions sold 150,000 shares on October 15th, resulting in a total value of approximately $20.4 million, which reduced her ownership by 4.83%.
• In a series of recent transactions, Ocampo sold a total of over 462,000 shares in October alone, at an average price ranging from $133.03 to $140.06.
• The stock has experienced a 12-month range with a low of $84.00 and a high of $152.50, indicating significant volatility in its trading performance.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $136.02, for a total value of $20,403,000.00. Following the completion of the sale, the insider directly owned 2,956,606 shares of the company's stock, valued at approximately $402,157,548.12. This trade represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, October 16th, Susan Ocampo sold 102,261 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $140.06, for a total value of $14,322,675.66.
• On Tuesday, October 14th, Susan Ocampo sold 53,104 shares of MACOM Technology Solutions stock. The shares were 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 stock was 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 stock was 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 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 value 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 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 value 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.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI traded up $1.11 during trading hours on Thursday, reaching $137.94. The stock had a trading volume of 1,214,260 shares, compared to its average volume of 1,311,021. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $152.50. The stock has a 50 day simple moving average of $128.25 and a 200 day simple moving average of $124.65. 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 stock has a market cap of $10.27 billion, a P/E 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 posted 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 firm had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. During the same period last year, the company earned $0.66 earnings per share. The business'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. On average, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Analysts Set New Price Targets

MTSI has been the subject of a number of analyst reports. Wall Street Zen raised MACOM Technology Solutions from a "hold" rating to a "buy" rating in a report on Saturday, October 11th. Weiss Ratings reissued a "sell (d+)" rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Stifel Nicolaus lifted 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. Bank of America lifted 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. Finally, TD Cowen started coverage on MACOM Technology Solutions in a research note on Wednesday, October 1st. They set a "buy" rating and a $150.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of "Moderate Buy" and a consensus target price of $146.56.

Institutional Investors Weigh In On MACOM Technology Solutions

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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 worth $667,171,000 after purchasing an additional 129,201 shares during the last quarter. Invesco Ltd. increased its holdings in shares of MACOM Technology Solutions by 3.2% in the second quarter. Invesco Ltd. now owns 3,464,854 shares of the semiconductor company's stock worth $496,479,000 after buying an additional 106,004 shares during the period. Alliancebernstein L.P. increased its holdings in shares of MACOM Technology Solutions by 2.4% in the first quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company's stock worth $147,436,000 after buying an additional 34,214 shares during the period. GW&K Investment Management LLC increased its holdings in shares of MACOM Technology Solutions by 9.9% in the first quarter. GW&K Investment Management LLC now owns 1,275,048 shares of the semiconductor company's stock worth $127,990,000 after buying an additional 114,780 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of MACOM Technology Solutions by 2.5% in the second quarter. Geode Capital Management LLC now owns 1,152,581 shares of the semiconductor company's stock worth $165,177,000 after buying an additional 28,257 shares during the period. Institutional investors own 76.14% of the company's stock.

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.

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