Advisory Research Inc. Has $1,819,000 Stake in MACOM Technology Solutions Holdings, Inc. (MTSI)

Advisory Research Inc. maintained its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,652 shares of the semiconductor company’s stock at the close of the second quarter. Advisory Research Inc. owned approximately 0.06% of MACOM Technology Solutions Holdings worth $1,819,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MTSI. Ameriprise Financial Inc. increased its holdings in shares of MACOM Technology Solutions Holdings by 1,136.5% during the second quarter. Ameriprise Financial Inc. now owns 2,820,161 shares of the semiconductor company’s stock worth $157,274,000 after buying an additional 2,592,080 shares in the last quarter. BlackRock Inc. increased its holdings in MACOM Technology Solutions Holdings by 108,171.0% in the first quarter. BlackRock Inc. now owns 2,052,819 shares of the semiconductor company’s stock valued at $99,151,000 after purchasing an additional 2,050,923 shares during the period. Frontier Capital Management Co. LLC increased its holdings in MACOM Technology Solutions Holdings by 603.9% in the second quarter. Frontier Capital Management Co. LLC now owns 2,117,831 shares of the semiconductor company’s stock valued at $118,111,000 after purchasing an additional 1,816,972 shares during the period. Vanguard Group Inc. increased its holdings in MACOM Technology Solutions Holdings by 37.0% in the first quarter. Vanguard Group Inc. now owns 3,174,795 shares of the semiconductor company’s stock valued at $153,343,000 after purchasing an additional 857,449 shares during the period. Finally, Capital Research Global Investors acquired a new stake in MACOM Technology Solutions Holdings in the second quarter valued at $42,368,000. Institutional investors own 79.65% of the company’s stock.

In other news, insider John Croteau sold 2,000 shares of MACOM Technology Solutions Holdings stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $45.20, for a total value of $90,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Charles R. Bland sold 750 shares of MACOM Technology Solutions Holdings stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $60.73, for a total transaction of $45,547.50. Following the completion of the transaction, the director now directly owns 24,390 shares in the company, valued at approximately $1,481,204.70. The disclosure for this sale can be found here. Insiders sold a total of 23,892 shares of company stock valued at $1,418,593 in the last 90 days. Company insiders own 42.30% of the company’s stock.

A number of brokerages have weighed in on MTSI. Zacks Investment Research upgraded MACOM Technology Solutions Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. Craig Hallum reissued a “buy” rating and set a $54.00 price objective on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, October 3rd. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of MACOM Technology Solutions Holdings in a research report on Thursday, September 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $56.00 price target on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, September 5th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $63.00 price target (down previously from $70.00) on shares of MACOM Technology Solutions Holdings in a research report on Wednesday, August 2nd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. MACOM Technology Solutions Holdings currently has an average rating of “Buy” and an average target price of $58.20.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) traded up 0.05% during mid-day trading on Thursday, hitting $43.64. 23,287 shares of the stock were exchanged. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $35.33 and a 52 week high of $65.99. The stock’s market capitalization is $2.80 billion. The company has a 50-day moving average of $43.62 and a 200-day moving average of $50.74.

MACOM Technology Solutions Holdings (NASDAQ:MTSI) last released its quarterly earnings data on Tuesday, August 1st. The semiconductor company reported $0.67 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.01). MACOM Technology Solutions Holdings had a negative net margin of 22.43% and a positive return on equity of 17.21%. The business had revenue of $194.56 million for the quarter, compared to the consensus estimate of $194.93 million. During the same quarter last year, the business earned $0.51 EPS. MACOM Technology Solutions Holdings’s revenue for the quarter was up 36.7% compared to the same quarter last year. On average, equities analysts predict that MACOM Technology Solutions Holdings, Inc. will post $2.33 EPS for the current fiscal year.

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About MACOM Technology Solutions Holdings

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

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Institutional Ownership by Quarter for MACOM Technology Solutions Holdings (NASDAQ:MTSI)

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