MACOM Technology Solutions (NASDAQ:MTSI) Upgraded by BMO Capital Markets to Hold Rating

MACOM Technology Solutions (NASDAQ:MTSI) was upgraded by investment analysts at BMO Capital Markets to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other research analysts have also issued reports about the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, August 5th. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Susquehanna dropped their price target on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Zacks Research downgraded shares of MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. Finally, Barclays upped their price objective on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of $341.25.

MACOM Technology Solutions Price Performance

NASDAQ MTSI opened at $266.61 on Thursday. The firm’s fifty day simple moving average is $310.66 and its two-hundred day simple moving average is $291.91. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a 12-month low of $121.97 and a 12-month high of $418.90. The firm has a market capitalization of $20.36 billion, a P/E ratio of 85.73, a P/E/G ratio of 1.53 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The business had revenue of $342.24 million for the quarter, compared to the consensus estimate of $336.08 million. During the same period in the prior year, the firm posted $0.90 earnings per share. The business’s quarterly revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Analysts forecast that MACOM Technology Solutions will post 4.12 EPS for the current fiscal year.

Insider Transactions at MACOM Technology Solutions

In related news, CFO John Kober sold 7,389 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the transaction, the chief financial officer owned 33,583 shares in the company, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen G. Daly sold 15,828 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the completion of the transaction, the chief executive officer owned 38,389 shares in the company, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 25,837 shares of company stock worth $9,204,236 over the last three months. 0.36% of the stock is currently owned by insiders.

Institutional Trading of MACOM Technology Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bell Investment Advisors Inc acquired a new stake in shares of MACOM Technology Solutions in the second quarter worth $49,000. GHP Investment Advisors Inc. purchased a new position in shares of MACOM Technology Solutions during the first quarter worth $31,000. Keating Financial Advisory Services Inc. acquired a new position in MACOM Technology Solutions during the second quarter valued at $58,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in MACOM Technology Solutions during the second quarter valued at $67,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in MACOM Technology Solutions in the fourth quarter valued at $30,000. 76.14% of the stock is currently owned by institutional investors and hedge funds.

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.