MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Stock Has Consensus Target Price of $341.25

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has been given a consensus rating of “Moderate Buy” by the sixteen research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $338.08.

Several research firms have recently commented on MTSI. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Susquehanna dropped their price target on shares of 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. Raymond James Financial upgraded MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price on the stock in a research report on Tuesday. Finally, Needham & Company LLC boosted their price target on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a report on Thursday, August 6th.

Insider Buying and Selling

In other MACOM Technology Solutions news, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares of the company’s stock, valued at $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 1,027 shares of the firm’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $236.60, for a total transaction of $242,988.20. Following the sale, the chief financial officer owned 34,405 shares in the company, valued at $8,140,223. The trade was a 2.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 9,321 shares of company stock valued at $2,917,644. 0.36% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds have recently made changes to their positions in the business. North Dakota State Investment Board lifted its holdings in MACOM Technology Solutions by 4.6% in the 3rd quarter. North Dakota State Investment Board now owns 2,061 shares of the semiconductor company’s stock worth $587,000 after purchasing an additional 90 shares in the last quarter. MBL Wealth LLC grew its stake in MACOM Technology Solutions by 207.1% during the third quarter. MBL Wealth LLC now owns 2,690 shares of the semiconductor company’s stock valued at $766,000 after acquiring an additional 1,814 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in MACOM Technology Solutions by 14.5% during the third quarter. SBI Securities Co. Ltd. now owns 394 shares of the semiconductor company’s stock valued at $112,000 after acquiring an additional 50 shares in the last quarter. Kopp Family Office LLC bought a new stake in MACOM Technology Solutions in the 3rd quarter valued at $709,000. Finally, Crossmark Global Holdings Inc. increased its holdings in MACOM Technology Solutions by 16.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,103 shares of the semiconductor company’s stock valued at $1,453,000 after acquiring an additional 726 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Trading Up 5.0%

Shares of MTSI stock opened at $255.68 on Wednesday. The company has a 50 day moving average price of $277.51 and a 200-day moving average price of $281.76. MACOM Technology Solutions has a 52 week low of $144.06 and a 52 week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. The company had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions’s quarterly revenue was up 35.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions will post 4.26 EPS for the current year.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.