Wall Street Zen Upgrades MACOM Technology Solutions (NASDAQ:MTSI) to Buy

Key Points

• Wall Street Zen has upgraded MACOM Technology Solutions (NASDAQ:MTSI) from a "hold" to a "buy" rating, reflecting increased confidence in the company's performance.
• Analysts have raised target prices for MACOM Technology Solutions, with estimates now ranging from $154 to $160, highlighting a bullish outlook for the stock.
• Recent insider transactions indicate significant selling activity, with a major shareholder selling 150,000 shares, prompting discussions about potential impacts on investor sentiment.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

A number of other equities analysts have also recently commented on the stock. Truist Financial lifted 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 report on Monday, July 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of MACOM Technology Solutions in a research report on Wednesday. Bank of America raised their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Tuesday, June 24th. Stifel Nicolaus raised their price target 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. Finally, Zacks Research raised shares of MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 20th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions has a consensus rating of "Moderate Buy" and an average price target of $146.56.

MACOM Technology Solutions Price Performance

Shares of NASDAQ:MTSI opened at $122.18 on Friday. The stock has a market cap of $9.10 billion, a PE ratio of -120.97, a PEG ratio of 1.97 and a beta of 1.48. The company's fifty day moving average is $128.39 and its 200 day moving average is $123.75. MACOM Technology Solutions has a 52 week low of $84.00 and a 52 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.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The company had revenue of $252.08 million for the quarter, compared to analysts' expectations of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm's revenue was up 32.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Research analysts anticipate that MACOM Technology Solutions will post 2.43 earnings per share for the current year.

Insider Transactions at MACOM Technology Solutions

In other news, major shareholder Susan Ocampo sold 150,000 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $133.03, for a total transaction of $19,954,500.00. Following the sale, the insider owned 3,159,710 shares of the company's stock, valued at approximately $420,336,221.30. The trade was a 4.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Robert Dennehy sold 5,000 shares of MACOM Technology Solutions stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total transaction of $636,150.00. Following the sale, the senior vice president directly owned 10,680 shares in the company, valued at $1,358,816.40. The trade was a 31.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 970,711 shares of company stock worth $128,686,483 in the last ninety days. Insiders own 16.30% of the company's stock.

Institutional Investors Weigh In On MACOM Technology Solutions

Large investors have recently modified their holdings of the stock. Principal Financial Group Inc. boosted its stake in shares of MACOM Technology Solutions by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company's stock valued at $13,750,000 after purchasing an additional 4,249 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in MACOM Technology Solutions by 27.0% during the first quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company's stock worth $242,000 after acquiring an additional 511 shares in the last quarter. GAMMA Investing LLC boosted its stake in MACOM Technology Solutions by 24.4% during the first quarter. GAMMA Investing LLC now owns 1,455 shares of the semiconductor company's stock worth $146,000 after acquiring an additional 285 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in MACOM Technology Solutions by 18.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,280 shares of the semiconductor company's stock worth $329,000 after acquiring an additional 502 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its stake in MACOM Technology Solutions by 23.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 13,896 shares of the semiconductor company's stock worth $1,395,000 after acquiring an additional 2,655 shares in the last quarter. Institutional investors 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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