MACOM Technology Solutions (NASDAQ:MTSI) Research Coverage Started at BMO Capital Markets

BMO Capital Markets initiated coverage on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research note issued to investors on Friday morning, Marketbeat reports. The brokerage issued a market perform rating and a $335.00 price objective on the semiconductor company’s stock.

A number of other equities analysts have also recently issued reports on MTSI. Stifel Nicolaus lifted their target price on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Barclays upped their target price on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, August 5th. Finally, HC Wainwright reissued a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI opened at $266.61 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. The stock has a market capitalization of $20.36 billion, a price-to-earnings ratio of 85.73, a PEG ratio of 1.53 and a beta of 1.70. MACOM Technology Solutions has a 1-year low of $121.97 and a 1-year high of $418.90. The company has a 50 day moving average price of $310.66 and a 200 day moving average price of $292.36.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same quarter in the prior year, the company earned $0.90 earnings per share. The firm’s 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. On average, research analysts anticipate that MACOM Technology Solutions will post 4.12 EPS for the current fiscal year.

Insider Activity

In other news, CEO Stephen G. Daly sold 15,828 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the transaction, the chief executive officer owned 38,389 shares in the company, valued at $14,040,776.75. This represents a 29.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the sale, the chief financial officer directly owned 33,583 shares of the company’s stock, valued at $10,950,744.64. This trade represents a 18.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,837 shares of company stock worth $9,204,236 in the last 90 days. Company insiders own 0.36% of the company’s stock.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MTSI. Greenland Capital Management LP acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter valued at $690,000. Wedmont Private Capital grew its holdings in shares of MACOM Technology Solutions by 7.6% during the 2nd quarter. Wedmont Private Capital now owns 2,566 shares of the semiconductor company’s stock valued at $976,000 after acquiring an additional 182 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of MACOM Technology Solutions by 19.1% in the second quarter. HB Wealth Management LLC now owns 1,451 shares of the semiconductor company’s stock worth $552,000 after acquiring an additional 233 shares during the last quarter. Nilsine Partners LLC increased its stake in shares of MACOM Technology Solutions by 1.8% in the second quarter. Nilsine Partners LLC now owns 5,008 shares of the semiconductor company’s stock worth $1,905,000 after acquiring an additional 89 shares during the last quarter. Finally, Odyssean LLC purchased a new stake in shares of MACOM Technology Solutions during the second quarter worth $221,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

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.