Two Sigma Securities LLC Acquires Shares of 5,235 MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Two Sigma Securities LLC acquired a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,235 shares of the semiconductor company's stock, valued at approximately $680,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. UMB Bank n.a. boosted its stake in shares of MACOM Technology Solutions by 74.3% in the 4th quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 101 shares in the last quarter. Empowered Funds LLC bought a new position in MACOM Technology Solutions in the 4th quarter valued at approximately $33,000. SBI Securities Co. Ltd. acquired a new stake in MACOM Technology Solutions in the fourth quarter valued at approximately $35,000. ORG Wealth Partners LLC bought a new stake in shares of MACOM Technology Solutions during the fourth quarter worth $36,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of MACOM Technology Solutions by 97.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company's stock valued at $36,000 after acquiring an additional 138 shares during the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Trading Up 4.1 %

MACOM Technology Solutions stock traded up $4.27 during trading hours on Thursday, reaching $108.02. 319,219 shares of the company's stock were exchanged, compared to its average volume of 662,437. The firm's 50 day simple moving average is $103.61 and its 200 day simple moving average is $120.84. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve month high of $152.50. The company has a quick ratio of 2.88, a current ratio of 3.61 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $8.03 billion, a PE ratio of -74.75, a PEG ratio of 2.42 and a beta of 1.72.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its earnings results on Thursday, February 6th. The semiconductor company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.38). MACOM Technology Solutions had a positive return on equity of 12.42% and a negative net margin of 13.05%. Research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Insider Activity at MACOM Technology Solutions

In other news, Director Susan Ocampo sold 45,773 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $125.35, for a total transaction of $5,737,645.55. Following the transaction, the director now owns 5,509,746 shares in the company, valued at approximately $690,646,661.10. This represents a 0.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Geoffrey G. Ribar sold 6,656 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $121.61, for a total transaction of $809,436.16. Following the transaction, the director now directly owns 14,031 shares in the company, valued at $1,706,309.91. This trade represents a 32.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 736,593 shares of company stock worth $91,232,425 in the last quarter. Company insiders own 16.30% of the company's stock.

Analyst Upgrades and Downgrades

MTSI has been the subject of a number of recent research reports. Bank of America lowered their target price on MACOM Technology Solutions from $160.00 to $130.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Stifel Nicolaus dropped their price objective on shares of MACOM Technology Solutions from $150.00 to $120.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Barclays cut their target price on shares of MACOM Technology Solutions from $160.00 to $125.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. BNP Paribas raised shares of MACOM Technology Solutions from a "neutral" rating to an "outperform" rating and set a $135.00 price target for the company in a research note on Wednesday, April 9th. Finally, Benchmark reissued a "buy" rating and issued a $160.00 price objective on shares of MACOM Technology Solutions in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $127.92.

MACOM Technology Solutions 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.