Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Sells 150,424 Shares of Stock

Key Points

• Major shareholder Susan Ocampo sold 150,424 shares of MACOM Technology Solutions for approximately $19.92 million, reducing her ownership by 4.03% to around 3.58 million shares.
• The stock price of MACOM Technology Solutions increased by 0.5% to $131.87, with a market capitalization of $9.82 billion and a P/E ratio of -130.56.
• Multiple research firms have upgraded MACOM's stock rating, with price targets ranging from $146.13 to $160.00, indicating strong investor confidence in the company's prospects.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 150,424 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the sale, the insider owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% 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 transaction of $8,305,103.70.
• 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 transaction of $11,939,862.48.
• On Thursday, September 11th, Susan Ocampo sold 80,891 shares of MACOM Technology Solutions stock. The shares were 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 shares were sold at an average price of $132.64, for a total transaction of $6,679,883.04.
• On Tuesday, September 9th, Susan Ocampo sold 45,986 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $131.12, for a total transaction 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 transaction 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 transaction of $14,885,467.75.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI traded down $2.61 during trading hours on Friday, hitting $127.12. The stock had a trading volume of 5,914,965 shares, compared to its average volume of 1,041,877. The stock's fifty day simple moving average is $131.63 and its 200 day simple moving average is $121.80. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $152.50. The firm has a market capitalization of $9.47 billion, a price-to-earnings ratio of -125.86, a PEG ratio of 2.41 and a beta of 1.49. 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 (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results 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 analyst estimates 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% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Sell-side analysts anticipate 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 large investors have recently added to or reduced their stakes in MTSI. Opal Wealth Advisors LLC bought a new stake in MACOM Technology Solutions during the first quarter worth approximately $25,000. Elequin Capital LP purchased a new position in MACOM Technology Solutions during the 4th quarter worth approximately $26,000. Versant Capital Management Inc grew its position in MACOM Technology Solutions by 9,400.0% during the 1st quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 282 shares in the last quarter. Hantz Financial Services Inc. grew its position in MACOM Technology Solutions by 174.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 134 shares in the last quarter. Finally, SVB Wealth LLC purchased a new position in MACOM Technology Solutions during the 1st quarter worth approximately $34,000. 76.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on MTSI shares. Bank of America raised their price objective 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. Truist Financial raised their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Zacks Research upgraded shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Finally, Stifel Nicolaus raised their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Friday, July 18th. One 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 data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.13.

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.