MACOM Technology Solutions (NASDAQ:MTSI) SVP Sells $1,028,919.32 in Stock
by Amy Steele · The Cerbat GemMACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) SVP Donghyun Thomas Hwang sold 3,718 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the sale, the senior vice president owned 34,886 shares of the company’s stock, valued at $9,654,351.64. This trade represents a 9.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MACOM Technology Solutions Stock Performance
Shares of MACOM Technology Solutions stock traded up $7.29 on Monday, hitting $291.47. The stock had a trading volume of 1,170,002 shares, compared to its average volume of 1,280,526. The stock has a market cap of $21.86 billion, a price-to-earnings ratio of 136.84, a price-to-earnings-growth ratio of 4.72 and a beta of 1.60. The company has a quick ratio of 3.18, a current ratio of 3.96 and a debt-to-equity ratio of 0.30. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $109.09 and a twelve month high of $299.82. The business’s 50 day moving average is $244.61 and its two-hundred day moving average is $205.85.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The business had revenue of $271.61 million during the quarter, compared to analysts’ expectations of $269.02 million. During the same period last year, the firm posted $0.79 EPS. The firm’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. Analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.2 EPS for the current year.
Analyst Upgrades and Downgrades
Several research firms recently commented on MTSI. Loop Capital assumed coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They issued a “buy” rating and a $300.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price objective on shares of MACOM Technology Solutions in a research note on Friday, February 6th. Truist Financial lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on shares of 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, Bank of America lifted their price objective on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $251.45.
Get Our Latest Stock Analysis on MTSI
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its holdings in MACOM Technology Solutions by 49.7% in the 1st quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 161 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of MACOM Technology Solutions by 9.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company’s stock worth $15,778,000 after acquiring an additional 13,215 shares during the period. Focus Partners Wealth boosted its position in shares of MACOM Technology Solutions by 121.3% during the 1st quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company’s stock worth $676,000 after acquiring an additional 3,694 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth approximately $372,000. Finally, Marshall Wace LLP bought a new position in MACOM Technology Solutions in the second quarter valued at approximately $544,000. Institutional investors and hedge funds own 76.14% of the company’s stock.
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.