Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) Major Shareholder Sells 113,275 Shares of Stock

Key Points

• Susan Ocampo, a major shareholder of MACOM Technology Solutions, sold 113,275 shares at an average price of $131.41, totaling approximately $14.89 million, reducing her ownership by 2.75%.
• Following the recent stock sales, MACOM shares have traded down 0.4% to $129.79, with significant trading volume close to its average.
• The company's quarterly earnings exceeded expectations, with an EPS of $0.90 and revenue of $252.08 million, marking a 32.3% increase year-on-year.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) major shareholder Susan Ocampo sold 113,275 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $131.41, for a total value of $14,885,467.75. Following the sale, the insider owned 4,005,346 shares in the company, valued at $526,342,517.86. This trade represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major 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 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 value 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 value 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 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 shares were sold at an average price of $132.06, for a total value of $421,931.70.

MACOM Technology Solutions Price Performance

Shares of NASDAQ:MTSI traded up $0.80 during trading on Friday, reaching $131.87. 938,313 shares of the company's stock traded hands, compared to its average volume of 691,078. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The firm has a market cap of $9.82 billion, a PE ratio of -130.56, a P/E/G ratio of 2.49 and a beta of 1.49. The company has a 50-day simple moving average of $132.38 and a 200-day simple moving average of $121.01.

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 for the quarter, beating analysts' consensus estimates 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%. MACOM Technology Solutions's quarterly revenue was up 32.3% compared to the same quarter last year. During the same period last year, the company posted $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Analysts Set New Price Targets

MTSI has been the topic of a number of research reports. Bank of America raised 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. Truist Financial raised their target price on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Zacks Research raised shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research note on Wednesday, August 20th. 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 research note on Friday, July 18th. Finally, Wall Street Zen raised shares of MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $146.13.

Institutional Trading of MACOM Technology Solutions

Several institutional investors have recently made changes to their positions in MTSI. Captrust Financial Advisors raised its position in shares of MACOM Technology Solutions by 66.4% during the 4th quarter. Captrust Financial Advisors now owns 8,005 shares of the semiconductor company's stock valued at $1,040,000 after buying an additional 3,193 shares during the period. Centiva Capital LP purchased a new stake in shares of MACOM Technology Solutions during the 4th quarter valued at approximately $323,000. D. E. Shaw & Co. Inc. raised its position in shares of MACOM Technology Solutions by 37.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 163,565 shares of the semiconductor company's stock valued at $21,249,000 after buying an additional 44,381 shares during the period. Millennium Management LLC raised its position in shares of MACOM Technology Solutions by 14.8% during the 4th quarter. Millennium Management LLC now owns 850,687 shares of the semiconductor company's stock valued at $110,513,000 after buying an additional 109,529 shares during the period. Finally, Nuveen Asset Management LLC raised its position in shares of MACOM Technology Solutions by 129.4% during the 4th quarter. Nuveen Asset Management LLC now owns 328,081 shares of the semiconductor company's stock valued at $42,621,000 after buying an additional 185,075 shares during the period. Hedge funds and other institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Company Profile

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.