Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) have been given an average rating of “Moderate Buy” by the twelve analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $146.5556.
A number of research firms have recently commented on MTSI. TD Cowen began coverage on MACOM Technology Solutions in a report on Wednesday, October 1st. They set a “buy” rating and a $150.00 price objective for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Truist Financial raised their price objective on MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Finally, Bank of America raised their price objective on MACOM Technology Solutions from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th.
Get Our Latest Stock Analysis on MACOM Technology Solutions
MACOM Technology Solutions Trading Up 6.8%
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $252.08 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 32.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.66 EPS. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, equities research analysts expect that MACOM Technology Solutions will post 2.43 EPS for the current year.
Insider Buying and Selling
In other MACOM Technology Solutions news, major shareholder Susan Ocampo sold 150,424 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $474,711,359.03. This trade represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 970,711 shares of company stock valued at $128,686,483 over the last 90 days. Company insiders own 16.30% of the company’s stock.
Hedge Funds Weigh In On MACOM Technology Solutions
Institutional investors have recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new stake in shares of MACOM Technology Solutions during the first quarter valued at about $25,000. Hantz Financial Services Inc. grew its stake in shares of 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 in the last quarter. SVB Wealth LLC acquired a new stake in shares of MACOM Technology Solutions during the first quarter valued at about $34,000. Allworth Financial LP grew its stake in shares of 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 in the last quarter. Finally, Maseco LLP acquired a new stake in shares of MACOM Technology Solutions during the second quarter valued at about $48,000. Institutional investors and hedge funds own 76.14% of the company’s stock.
About MACOM Technology Solutions
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.
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