Geoffrey Ribar Sells 2,244 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSIGet Free Report) Director Geoffrey Ribar sold 2,244 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $253.59, for a total transaction of $569,055.96. Following the sale, the director directly owned 13,410 shares of the company’s stock, valued at approximately $3,400,641.90. This represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

MACOM Technology Solutions Trading Up 0.4%

Shares of MACOM Technology Solutions stock opened at $248.12 on Friday. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $256.12. The company’s fifty day simple moving average is $213.49 and its 200-day simple moving average is $169.65. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.96 and a quick ratio of 3.18. The stock has a market capitalization of $18.61 billion, a PE ratio of 116.49, a P/E/G ratio of 4.76 and a beta of 1.44.

MACOM Technology Solutions (NASDAQ:MTSIGet Free Report) last announced its earnings results on Thursday, February 5th. The semiconductor company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. The company had revenue of $271.61 million for the quarter, compared to analysts’ expectations of $269.02 million. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.MACOM Technology Solutions’s revenue for the quarter was up 24.5% compared to the same quarter last year. During the same period last year, the firm earned $0.79 EPS. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on MTSI. Truist Financial raised their target price on shares of MACOM Technology Solutions from $200.00 to $261.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Weiss Ratings raised shares of MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Barclays lifted their target price on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. JPMorgan Chase & Co. increased their price target on MACOM Technology Solutions from $165.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Benchmark raised their price target on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a report on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.27.

View Our Latest Stock Analysis on MTSI

Hedge Funds Weigh In On MACOM Technology Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in MACOM Technology Solutions by 5.1% in the 3rd quarter. Principal Financial Group Inc. now owns 142,120 shares of the semiconductor company’s stock valued at $17,693,000 after buying an additional 6,874 shares during the period. Bryce Point Capital LLC bought a new stake in shares of MACOM Technology Solutions during the third quarter valued at approximately $572,000. Ethic Inc. purchased a new stake in shares of MACOM Technology Solutions in the third quarter valued at approximately $1,208,000. Hantz Financial Services Inc. grew its stake in MACOM Technology Solutions by 2,180.1% in the third quarter. Hantz Financial Services Inc. now owns 4,811 shares of the semiconductor company’s stock worth $599,000 after purchasing an additional 4,600 shares in the last quarter. Finally, Deltec Asset Management LLC bought a new position in MACOM Technology Solutions in the third quarter worth approximately $1,429,000. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

Receive News & Ratings for MACOM Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.