Geneva Capital Management LLC Purchases 242,067 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Geneva Capital Management LLC increased its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 140.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 414,297 shares of the semiconductor company’s stock after buying an additional 242,067 shares during the quarter. Geneva Capital Management LLC owned 0.56% of MACOM Technology Solutions worth $51,576,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Merit Financial Group LLC lifted its stake in MACOM Technology Solutions by 3.9% in the 3rd quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock valued at $228,000 after acquiring an additional 68 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of MACOM Technology Solutions by 75.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 93 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of MACOM Technology Solutions by 5.4% in the third quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 99 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of MACOM Technology Solutions by 4.1% in the second quarter. ProShare Advisors LLC now owns 2,638 shares of the semiconductor company’s stock valued at $378,000 after purchasing an additional 105 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in shares of MACOM Technology Solutions by 6.6% in the third quarter. Stephens Inc. AR now owns 1,705 shares of the semiconductor company’s stock worth $212,000 after purchasing an additional 105 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insiders Place Their Bets

In other MACOM Technology Solutions news, COO Robert Dennehy sold 18,398 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $245.25, for a total value of $4,512,109.50. Following the sale, the chief operating officer owned 12,864 shares in the company, valued at $3,154,896. This represents a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO John Kober sold 7,196 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $243.07, for a total value of $1,749,131.72. Following the completion of the sale, the chief financial officer directly owned 48,508 shares of the company’s stock, valued at approximately $11,790,839.56. The trade was a 12.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 753,113 shares of company stock worth $184,368,095 in the last three months. Insiders own 0.36% of the company’s stock.

MACOM Technology Solutions Price Performance

Shares of MTSI opened at $220.59 on Wednesday. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30. The company’s fifty day simple moving average is $221.24 and its 200 day simple moving average is $175.23. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $258.98. The company has a market cap of $16.55 billion, a price-to-earnings ratio of 103.56, a PEG ratio of 4.17 and a beta of 1.41.

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on MTSI shares. Truist Financial increased their target price on shares of MACOM Technology Solutions from $200.00 to $261.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Benchmark boosted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Bank of America increased their price objective on shares of MACOM Technology Solutions from $220.00 to $260.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Susquehanna assumed coverage on MACOM Technology Solutions in a report on Monday, December 15th. They issued a “neutral” rating and a $200.00 price objective for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 target price on shares of MACOM Technology Solutions in a research report on Friday, February 6th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.27.

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.