Retirement Systems of Alabama Has $14.64 Million Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

by · The Cerbat Gem

Retirement Systems of Alabama increased its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Free Report) by 0.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 102,137 shares of the semiconductor company’s stock after purchasing an additional 352 shares during the period. Retirement Systems of Alabama owned approximately 0.14% of MACOM Technology Solutions worth $14,635,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTSI. Hantz Financial Services Inc. increased its stake in MACOM Technology Solutions by 174.0% during the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 134 shares during the period. SVB Wealth LLC bought a new position in MACOM Technology Solutions during the first quarter valued at about $34,000. Allworth Financial LP increased its stake in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 197 shares during the period. Maseco LLP bought a new position in MACOM Technology Solutions during the second quarter valued at about $48,000. Finally, Advisors Asset Management Inc. increased its stake in MACOM Technology Solutions by 49.7% during the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 161 shares during the period. 76.14% of the stock is currently owned by institutional investors.

Insider Activity

In other news, major shareholder Susan Ocampo sold 150,424 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $132.43, for a total value of $19,920,650.32. Following the transaction, the insider directly owned 3,584,621 shares in the company, valued at $474,711,359.03. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 1,553,712 shares of company stock valued at $211,008,498. 16.30% of the stock is owned by company insiders.

MACOM Technology Solutions Stock Down 1.6%

Shares of MTSI opened at $148.13 on Friday. The firm has a market capitalization of $11.03 billion, a price-to-earnings ratio of -146.66, a PEG ratio of 2.26 and a beta of 1.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The business’s fifty day moving average price is $132.70 and its two-hundred day moving average price is $128.61. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $154.86.

MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The business’s quarterly revenue was up 32.3% compared to the same quarter last year. During the same period last year, the company earned $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MTSI shares. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. TD Cowen started coverage on MACOM Technology Solutions in a research note on Wednesday, October 1st. They issued a “buy” rating and a $150.00 price objective on the stock. Stifel Nicolaus increased their target price on MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Finally, Truist Financial increased their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $150.50.

Get Our Latest Stock Analysis on MACOM Technology Solutions

MACOM Technology Solutions Profile

(Free Report)

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.

See Also

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