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

by · The Markets Daily

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) has earned an average rating of “Moderate Buy” from the fifteen brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $341.25.

Several brokerages have 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 MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. Weiss Ratings downgraded MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Benchmark started coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They set a “buy” rating and a $375.00 target price on the stock. Finally, Needham & Company LLC increased their price target on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research report on Thursday, August 6th.

Get Our Latest Stock Analysis on MACOM Technology Solutions

MACOM Technology Solutions Trading Up 2.8%

NASDAQ:MTSI opened at $236.24 on Wednesday. MACOM Technology Solutions has a twelve month low of $140.18 and a twelve month high of $418.90. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average price of $279.46 and a two-hundred day moving average price of $306.47. The company has a market cap of $18.04 billion, a P/E ratio of 75.96, a price-to-earnings-growth ratio of 0.76 and a beta of 1.77.

MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. The business had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm’s revenue for the quarter was up 35.8% on a year-over-year basis. During the same quarter in the previous 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, analysts expect that MACOM Technology Solutions will post 4.26 EPS for the current fiscal year.

Insiders Place Their Bets

In other MACOM Technology Solutions news, CFO John Kober sold 7,389 shares of the business’s 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 transaction, the chief financial officer owned 33,583 shares of the company’s stock, valued at $10,950,744.64. The trade was a 18.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $275.20, for a total value of $69,350.40. Following the sale, the chief operating officer owned 12,758 shares in the company, valued at approximately $3,511,001.60. This represents a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,294 shares of company stock valued at $2,674,656 in the last 90 days. 0.36% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its stake in shares of MACOM Technology Solutions by 11.0% in the 2nd quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 34 shares during the last quarter. Mather Group LLC. raised its holdings in shares of MACOM Technology Solutions by 41.0% during the 3rd quarter. Mather Group LLC. now owns 141 shares of the semiconductor company’s stock worth $40,000 after buying an additional 41 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of MACOM Technology Solutions by 1.9% during the 3rd quarter. Wedmont Private Capital now owns 2,614 shares of the semiconductor company’s stock worth $745,000 after buying an additional 48 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of MACOM Technology Solutions by 14.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 394 shares of the semiconductor company’s stock worth $112,000 after buying an additional 50 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of MACOM Technology Solutions by 0.4% during the 1st quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock worth $2,673,000 after buying an additional 51 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

MACOM Technology Solutions Company Profile

(Get Free Report)

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.

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