MACOM Technology Solutions (NASDAQ:MTSI) Rating Increased to Hold at BMO Capital Markets

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) was upgraded by stock analysts at BMO Capital Markets to a "hold" rating in a report released on Thursday,Zacks.com reports.

Other research analysts also recently issued reports about the company. Susquehanna reduced their price objective on MACOM Technology Solutions from $350.00 to $300.00 and set a "neutral" rating on the stock in a report on Tuesday, July 21st. JPMorgan Chase & Co. upped their target price on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. Zacks Research downgraded MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 24th. Stifel Nicolaus raised their price target on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday, June 24th. Finally, Benchmark started coverage on MACOM Technology Solutions in a research note on Thursday, August 13th. They set a "buy" rating and a $375.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $341.25.

MACOM Technology Solutions Price Performance

Shares of MTSI stock opened at $266.61 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. The company has a market capitalization of $20.36 billion, a P/E ratio of 85.73, a P/E/G ratio of 1.53 and a beta of 1.70. The company's 50-day simple moving average is $310.66 and its two-hundred day simple moving average is $291.91. MACOM Technology Solutions has a one year low of $121.97 and a one year high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.05. The business had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company's quarterly revenue was up 35.8% compared to the same quarter last year. During the same period last year, the company posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, equities analysts anticipate that MACOM Technology Solutions will post 4.12 EPS for the current year.

Insider Activity

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 2,620 shares of the company's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the completion of the sale, the senior vice president owned 29,756 shares in the company, valued at $11,422,435.72. This represents a 8.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the company's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12. Following the sale, the chief financial officer owned 33,583 shares of the company's stock, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 25,837 shares of company stock worth $9,204,236. Corporate insiders own 0.36% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MTSI. Concurrent Investment Advisors LLC lifted its stake in shares of MACOM Technology Solutions by 302.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 9,060 shares of the semiconductor company's stock worth $3,446,000 after purchasing an additional 6,810 shares during the last quarter. AXQ Capital LP bought a new stake in MACOM Technology Solutions during the second quarter valued at about $1,073,000. Greenspring Advisors LLC purchased a new position in MACOM Technology Solutions in the second quarter valued at about $249,000. Nykredit A S purchased a new position in MACOM Technology Solutions in the second quarter valued at about $817,000. Finally, Headlands Technologies LLC bought a new position in MACOM Technology Solutions in the second quarter worth about $833,000. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM's offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company's solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.

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