MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Susan Ocampo Sells 62,476 Shares

Key Points

• Major shareholder Susan Ocampo sold 62,476 shares of MACOM Technology Solutions for approximately $8.32 million, reducing her ownership by 1.85% to 3,309,710 shares valued at roughly $440.92 million.
• Recent transactions include Ocampo selling 150,000 shares on October 8th at an average price of $133.03, totaling about $19.95 million.
• The company's stock is currently rated as a Moderate Buy with an average price target of $146.56, amidst varying ratings from different analysts.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 62,476 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $133.22, for a total value of $8,323,052.72. Following the completion of the sale, the insider owned 3,309,710 shares in the company, valued at approximately $440,919,566.20. This trade represents a 1.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, October 8th, Susan Ocampo sold 150,000 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $133.03, for a total transaction of $19,954,500.00.
• 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 transaction of $19,963,500.00.
• 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 Monday, September 15th, Susan Ocampo sold 150,424 shares of MACOM Technology Solutions stock. The shares were 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 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.
• 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 value of $6,029,684.32.
• On Monday, September 8th, Susan Ocampo sold 3,195 shares of MACOM Technology Solutions stock. The stock was 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 transaction of $14,885,467.75.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI traded down $0.21 during mid-day trading on Thursday, reaching $132.98. 502,570 shares of the company's stock were exchanged, compared to its average volume of 809,040. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $152.50. 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 business's fifty day simple moving average is $128.76 and its two-hundred day simple moving average is $123.54. The firm has a market capitalization of $9.90 billion, a PE ratio of -131.66, a price-to-earnings-growth ratio of 1.90 and a beta of 1.48.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. During the same quarter in the prior year, the business posted $0.66 EPS. The business'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. Analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on MTSI. Wall Street Zen downgraded MACOM Technology Solutions from a "buy" rating to a "hold" rating in a research note on Friday, October 3rd. 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. Weiss Ratings restated a "sell (d+)" rating on shares of MACOM Technology Solutions in a research report on Wednesday. Truist Financial raised their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, TD Cowen initiated coverage on MACOM Technology Solutions in a research note on Wednesday, October 1st. They issued a "buy" rating and a $150.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $146.56.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of hedge funds have recently modified their holdings of MTSI. Wedmont Private Capital increased its holdings in MACOM Technology Solutions by 5.4% in the third quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company's stock valued at $246,000 after purchasing an additional 99 shares during the period. Silverberg Bernstein Capital Management LLC grew its position in shares of MACOM Technology Solutions by 16.0% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 127,632 shares of the semiconductor company's stock valued at $15,889,000 after buying an additional 17,590 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of MACOM Technology Solutions in the third quarter valued at about $3,177,000. Sanders Morris Harris LLC bought a new position in shares of MACOM Technology Solutions during the third quarter worth about $299,000. Finally, Oak Thistle LLC acquired a new position in shares of MACOM Technology Solutions in the third quarter worth approximately $333,000. Institutional investors and hedge funds 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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