John Kober Sells 7,389 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the sale, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. This represents a 18.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Down 1.4%

NASDAQ MTSI opened at $266.18 on Friday. The stock has a market cap of $20.33 billion, a P/E ratio of 85.59, a PEG ratio of 1.55 and a beta of 1.70. The company’s fifty day simple moving average is $312.93 and its 200-day simple moving average is $292.09. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $120.73 and a 52 week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly 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. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same period last year, the business earned $0.90 EPS. The business’s revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.12 EPS for the current fiscal year.

Institutional Investors Weigh In On MACOM Technology Solutions

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Whale Rock Capital Management LLC bought a new position in MACOM Technology Solutions during the 4th quarter worth approximately $134,164,000. Jupiter Topco LLC bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at approximately $256,612,000. Bank of America Corp DE bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at approximately $247,732,000. Wellington Management Group LLP raised its position 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 acquiring an additional 634,903 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of MACOM Technology Solutions by 170,782.0% during the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after acquiring an additional 568,704 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Susquehanna dropped their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Truist Financial increased their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a report on Friday, May 8th. HC Wainwright restated a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Needham & Company LLC lifted their price objective on MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $341.82.

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.