Peregrine Capital Management LLC Invests $14.30 Million in MACOM Technology Solutions Holdings, Inc. $MTSI

Peregrine Capital Management LLC acquired a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 83,501 shares of the semiconductor company’s stock, valued at approximately $14,302,000.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of MACOM Technology Solutions by 5.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock worth $879,865,000 after acquiring an additional 392,365 shares during the period. Alliancebernstein L.P. increased its position in shares of MACOM Technology Solutions by 11.7% during the third quarter. Alliancebernstein L.P. now owns 1,494,736 shares of the semiconductor company’s stock valued at $186,080,000 after purchasing an additional 156,194 shares during the period. Wellington Management Group LLP raised its stake in shares of MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after purchasing an additional 634,903 shares in the last quarter. UBS Group AG raised its stake in shares of MACOM Technology Solutions by 30.6% in the third quarter. UBS Group AG now owns 689,950 shares of the semiconductor company’s stock valued at $85,892,000 after purchasing an additional 161,859 shares in the last quarter. Finally, Analog Century Management LP lifted its position in MACOM Technology Solutions by 6.4% in the third quarter. Analog Century Management LP now owns 684,774 shares of the semiconductor company’s stock worth $85,248,000 after purchasing an additional 41,009 shares during the period. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock traded up $6.88 during mid-day trading on Thursday, reaching $283.88. 43,048 shares of the stock were exchanged, compared to its average volume of 1,294,079. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $99.78 and a fifty-two week high of $289.68. The company has a market cap of $21.29 billion, a price-to-earnings ratio of 133.74, a price-to-earnings-growth ratio of 4.75 and a beta of 1.48. The firm has a 50-day simple moving average of $240.48 and a 200 day simple moving average of $199.11. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. MACOM Technology Solutions had a net margin of 15.88% and a return on equity of 15.55%. The firm had revenue of $271.61 million for the quarter, compared to analysts’ expectations of $269.02 million. During the same period in the prior year, the firm earned $0.79 earnings per share. The company’s quarterly revenue was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. On average, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on MTSI shares. Bank of America boosted their price target on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a report on Monday, April 13th. JPMorgan Chase & Co. raised their price objective on shares of MACOM Technology Solutions from $165.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Benchmark upped their target price on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Stifel Nicolaus increased their price target on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Finally, Weiss Ratings upgraded shares of MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $251.45.

Insider Activity

In other news, COO Robert Dennehy sold 18,398 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $245.25, for a total transaction of $4,512,109.50. Following the sale, the chief operating officer owned 12,864 shares in the company, valued at approximately $3,154,896. This represents a 58.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Susan Ocampo sold 261,763 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $254.43, for a total value of $66,600,360.09. Following the completion of the sale, the insider owned 3,759,895 shares of the company’s stock, valued at approximately $956,630,084.85. This trade represents a 6.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 753,113 shares of company stock worth $184,368,095. 0.36% of the stock is currently owned by insiders.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.