Weiss Ratings Reiterates Sell (D+) Rating for MACOM Technology Solutions (NASDAQ:MTSI)

Key Points

• Weiss Ratings has maintained a "sell" rating (D+) for MACOM Technology Solutions, indicating concerns over the stock's performance.
• Various analysts have mixed views on MACOM Technology Solutions, with ratings ranging from "Strong Buy" to "Sell," while institutional ownership stands at 76.14%.
• The stock recently saw a jump of 4.1% and has a significant market capitalization of nearly $10 billion, despite having a negative P/E ratio of -131.87.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report)'s stock had its "sell (d+)" rating restated by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

MTSI has been the topic of a number of other research reports. Wall Street Zen cut MACOM Technology Solutions from a "buy" rating to a "hold" rating in a research report on Friday, October 3rd. Bank of America raised their price target on MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a "buy" rating in a research report on Tuesday, June 24th. Stifel Nicolaus raised their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Zacks Research upgraded MACOM Technology Solutions from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. Finally, Truist Financial raised their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a "buy" rating in a research note on Monday, July 7th. One equities research 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 stock. According to MarketBeat.com, MACOM Technology Solutions has an average rating of "Moderate Buy" and an average price target of $146.56.

MACOM Technology Solutions Stock Up 4.1%

Shares of NASDAQ MTSI opened at $133.19 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. MACOM Technology Solutions has a 52 week low of $84.00 and a 52 week high of $152.50. The stock has a market capitalization of $9.92 billion, a P/E ratio of -131.87, a PEG ratio of 1.90 and a beta of 1.48. The stock's fifty day moving average is $128.76 and its 200 day moving average is $123.54.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly 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. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The company had revenue of $252.08 million for the quarter, compared to analysts' expectations of $249.89 million. During the same quarter last year, the business earned $0.66 earnings per share. MACOM Technology Solutions's revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Sell-side analysts forecast that MACOM Technology Solutions will post 2.43 earnings per share for the current fiscal 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 Thursday, September 18th. The stock was sold at an average price of $133.09, for a total transaction of $19,963,500.00. Following the sale, the insider directly owned 3,372,186 shares of the company's stock, valued at approximately $448,804,234.74. This trade represents a 4.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Robert Dennehy sold 5,000 shares of the firm's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $127.23, for a total value of $636,150.00. Following the transaction, the senior vice president owned 10,680 shares of the company's stock, valued at $1,358,816.40. This trade represents a 31.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 758,235 shares of company stock worth $100,408,930 over the last three months. Insiders own 16.30% of the company's stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds have recently made changes to their positions in the stock. Hantz Financial Services Inc. raised its position in shares of MACOM Technology Solutions by 174.0% during the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company's stock worth $30,000 after acquiring an additional 134 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in shares of MACOM Technology Solutions during the first quarter worth about $25,000. Maseco LLP bought a new stake in MACOM Technology Solutions in the second quarter worth approximately $48,000. SVB Wealth LLC bought a new stake in MACOM Technology Solutions in the first quarter worth approximately $34,000. Finally, Allworth Financial LP increased its holdings in MACOM Technology Solutions by 131.3% in the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 197 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors.

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.

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