Next Century Growth Investors LLC Grows Stock Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Next Century Growth Investors LLC lifted its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,383 shares of the semiconductor company’s stock after purchasing an additional 7,979 shares during the period. MACOM Technology Solutions comprises 1.8% of Next Century Growth Investors LLC’s portfolio, making the stock its 13th largest position. Next Century Growth Investors LLC owned 0.21% of MACOM Technology Solutions worth $22,695,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MTSI. PNC Financial Services Group Inc. lifted its holdings in MACOM Technology Solutions by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,501 shares of the semiconductor company’s stock worth $753,000 after buying an additional 378 shares in the last quarter. Vanguard Group Inc. raised its position in shares of MACOM Technology Solutions by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company’s stock valued at $667,171,000 after purchasing an additional 129,201 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of MACOM Technology Solutions by 3.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 552,437 shares of the semiconductor company’s stock valued at $55,454,000 after buying an additional 20,095 shares during the last quarter. Swiss National Bank increased its stake in shares of MACOM Technology Solutions by 5.0% in the first quarter. Swiss National Bank now owns 119,250 shares of the semiconductor company’s stock worth $11,970,000 after buying an additional 5,700 shares during the last quarter. Finally, National Bank of Canada FI acquired a new stake in MACOM Technology Solutions in the first quarter valued at $365,000. 76.14% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MTSI. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. Barclays upped their price objective on MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Truist Financial reissued a “buy” rating and set a $180.00 price target (up from $158.00) on shares of MACOM Technology Solutions in a research report on Friday, November 7th. Finally, TD Cowen raised their price objective on MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $169.44.

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Charles R. Bland sold 4,000 shares of the business’s 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 transaction, the director owned 15,362 shares in the company, valued at approximately $2,534,730. The trade was a 20.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Stephen G. Daly sold 20,000 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $173.16, for a total value of $3,463,200.00. Following the completion of the transaction, the chief executive officer directly owned 54,217 shares of the company’s stock, valued at approximately $9,388,215.72. The trade was a 26.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,929,002 shares of company stock valued at $287,131,250. Company insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Trading Up 1.4%

NASDAQ:MTSI opened at $188.08 on Wednesday. The firm has a market capitalization of $14.09 billion, a P/E ratio of -232.19, a P/E/G ratio of 2.61 and a beta of 1.47. The business has a 50 day simple moving average of $153.71 and a 200 day simple moving average of $139.47. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.71 and a quick ratio of 2.98. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $190.95.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The business had revenue of $261.17 million for the quarter, compared to analysts’ expectations of $260.16 million. MACOM Technology Solutions had a negative net margin of 5.60% and a positive return on equity of 14.38%. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

MACOM Technology Solutions 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.