MACOM Technology Solutions Holdings, Inc. $MTSI Shares Acquired by Strs Ohio

Strs Ohio lifted its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 30.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,078 shares of the semiconductor company’s stock after buying an additional 10,178 shares during the period. Strs Ohio owned approximately 0.06% of MACOM Technology Solutions worth $6,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of MACOM Technology Solutions by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company’s stock worth $13,750,000 after buying an additional 4,249 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of MACOM Technology Solutions by 27.0% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company’s stock worth $242,000 after purchasing an additional 511 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of MACOM Technology Solutions by 18.1% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,280 shares of the semiconductor company’s stock worth $329,000 after purchasing an additional 502 shares during the period. New York State Teachers Retirement System boosted its position in shares of MACOM Technology Solutions by 4.5% during the 1st quarter. New York State Teachers Retirement System now owns 9,226 shares of the semiconductor company’s stock worth $926,000 after purchasing an additional 400 shares during the period. Finally, US Bancorp DE boosted its position in shares of MACOM Technology Solutions by 257.1% during the 2nd quarter. US Bancorp DE now owns 5,989 shares of the semiconductor company’s stock worth $858,000 after purchasing an additional 4,312 shares during the period. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insider Transactions at MACOM Technology Solutions

In other news, SVP Robert Dennehy sold 4,128 shares of MACOM Technology Solutions stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $140.02, for a total transaction of $578,002.56. Following the completion of the sale, the senior vice president directly owned 6,552 shares of the company’s stock, valued at approximately $917,411.04. The trade was a 38.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Susan Ocampo sold 8,358 shares of MACOM Technology Solutions stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $150.01, for a total transaction of $1,253,783.58. Following the sale, the insider directly owned 2,577,334 shares of the company’s stock, valued at approximately $386,625,873.34. This trade represents a 0.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,553,712 shares of company stock valued at $211,008,498. Insiders own 16.30% of the company’s stock.

Wall Street Analysts Forecast Growth

MTSI has been the subject of a number of research analyst reports. Truist Financial increased their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. TD Cowen initiated coverage on shares of MACOM Technology Solutions in a research report on Wednesday, October 1st. They set a “buy” rating and a $150.00 price objective for the company. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Finally, Stifel Nicolaus raised their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $150.50.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $148.13 on Monday. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $154.86. The stock has a market capitalization of $11.03 billion, a PE ratio of -146.66, a P/E/G ratio of 2.26 and a beta of 1.48. The firm has a 50 day moving average of $132.70 and a two-hundred day moving average of $128.83.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company had revenue of $252.08 million during the quarter, compared to analysts’ expectations of $249.89 million. During the same quarter last year, the company posted $0.66 EPS. The firm’s revenue was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

MACOM Technology Solutions Company Profile

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.