Claret Asset Management Corp Buys New Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Claret Asset Management Corp purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,638 shares of the semiconductor company’s stock, valued at approximately $235,000.

Several other institutional investors and hedge funds have also made changes to their positions in MTSI. Hantz Financial Services Inc. increased its holdings in shares of MACOM Technology Solutions by 174.0% in the 2nd 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 last quarter. SVB Wealth LLC acquired a new position in MACOM Technology Solutions in the first quarter valued at approximately $34,000. Maseco LLP purchased a new position in MACOM Technology Solutions in the second quarter valued at approximately $48,000. Advisors Asset Management Inc. increased its stake in MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 161 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in MACOM Technology Solutions by 44.0% during the second quarter. Bessemer Group Inc. now owns 347 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 106 shares in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, October 8th. Benchmark upped their price objective on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Truist Financial reaffirmed a “buy” rating and set a $180.00 price objective (up previously from $158.00) on shares of MACOM Technology Solutions in a report on Friday, November 7th. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Barclays upped their target price on MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $169.44.

Insider Buying and Selling at MACOM Technology Solutions

In related news, Director Charles R. Bland sold 4,000 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $165.00, for a total transaction of $660,000.00. Following the completion of the sale, the director directly owned 15,362 shares of the company’s stock, valued at $2,534,730. This trade represents a 20.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Stephen G. Daly sold 20,000 shares of MACOM Technology Solutions stock in a transaction on Monday, November 10th. The shares were sold at an average price of $175.73, for a total transaction of $3,514,600.00. Following the completion of the transaction, the chief executive officer owned 74,217 shares in the company, valued at approximately $13,042,153.41. This trade represents a 21.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,817,447 shares of company stock valued at $254,851,554. Corporate insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Price Performance

Shares of MTSI opened at $172.85 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $179.38. The firm has a 50-day simple moving average of $146.72 and a 200-day simple moving average of $136.85. The company has a market capitalization of $12.95 billion, a price-to-earnings ratio of -171.14, a price-to-earnings-growth ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm had revenue of $261.17 million for the quarter, compared to analysts’ expectations of $260.16 million. During the same quarter in the previous year, the firm posted $0.73 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current 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.