Hsbc Holdings PLC Acquires New Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Hsbc Holdings PLC bought a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,091 shares of the semiconductor company’s stock, valued at approximately $2,285,000.

A number of other hedge funds have also modified their holdings of the company. Whale Rock Capital Management LLC purchased a new stake in shares of MACOM Technology Solutions in the fourth quarter worth $134,164,000. Wellington Management Group LLP lifted its stake in shares of MACOM Technology Solutions by 180.6% during the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after buying an additional 634,903 shares in the last quarter. Bessemer Group Inc. boosted its holdings in MACOM Technology Solutions by 170,782.0% in the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock worth $97,465,000 after buying an additional 568,704 shares during the period. Norges Bank bought a new position in MACOM Technology Solutions in the 4th quarter worth $97,397,000. Finally, Bank of New York Mellon Corp purchased a new stake in MACOM Technology Solutions in the 2nd quarter worth $204,593,000. 76.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO John Kober sold 7,389 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the transaction, the chief financial officer directly owned 33,583 shares of the company’s stock, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total value of $1,005,739.40. Following the transaction, the senior vice president owned 29,756 shares of the company’s stock, valued at $11,422,435.72. This represents a 8.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently commented on MTSI. Weiss Ratings downgraded MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Stifel Nicolaus increased their target price on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Susquehanna decreased their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. BMO Capital Markets began coverage on MACOM Technology Solutions in a research note on Friday, August 21st. They set a “market perform” rating and a $335.00 target price on the stock. Finally, Zacks Research raised MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $341.25.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ MTSI opened at $265.27 on Monday. The company has a market cap of $20.26 billion, a P/E ratio of 85.30, a P/E/G ratio of 1.52 and a beta of 1.70. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $121.97 and a 52-week high of $418.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. The firm’s fifty day moving average is $299.38 and its two-hundred day moving average is $293.75.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business’s revenue was up 35.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current fiscal year.

About MACOM Technology Solutions

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.