Retirement Systems of Alabama Buys 352 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Retirement Systems of Alabama lifted its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 0.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,137 shares of the semiconductor company’s stock after purchasing an additional 352 shares during the period. Retirement Systems of Alabama’s holdings in MACOM Technology Solutions were worth $14,635,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its position in MACOM Technology Solutions by 1,462.9% during the second quarter. Assetmark Inc. now owns 10,862 shares of the semiconductor company’s stock worth $1,556,000 after buying an additional 10,167 shares during the last quarter. Keybank National Association OH boosted its holdings in shares of MACOM Technology Solutions by 44.2% during the second quarter. Keybank National Association OH now owns 6,734 shares of the semiconductor company’s stock worth $965,000 after acquiring an additional 2,064 shares during the period. Hantz Financial Services Inc. boosted its holdings 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 period. Emerald Advisers LLC boosted its stake in shares of MACOM Technology Solutions by 4.6% in the second quarter. Emerald Advisers LLC now owns 182,648 shares of the semiconductor company’s stock valued at $26,172,000 after buying an additional 7,994 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in shares of MACOM Technology Solutions by 8.7% in the second quarter. Teacher Retirement System of Texas now owns 17,942 shares of the semiconductor company’s stock valued at $2,571,000 after buying an additional 1,431 shares during the period. 76.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MTSI shares. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Truist Financial boosted their price target on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a report on Monday, July 7th. TD Cowen began coverage on MACOM Technology Solutions in a report on Wednesday, October 1st. They set a “buy” rating and a $150.00 price target for the company. Stifel Nicolaus boosted their price target on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Finally, Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $150.50.

MACOM Technology Solutions Stock Down 1.6%

Shares of NASDAQ:MTSI opened at $148.13 on Friday. The company has a fifty day moving average of $132.70 and a 200-day moving average of $128.61. The company has a market capitalization of $11.03 billion, a PE ratio of -146.66, a price-to-earnings-growth ratio of 2.26 and a beta of 1.48. 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 Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $154.86.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, equities analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Susan Ocampo sold 150,424 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the completion of the transaction, the insider directly owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 1,553,712 shares of company stock worth $211,008,498 in the last three months. 16.30% of the stock is currently owned by corporate insiders.

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.