Robert Dennehy Sells 252 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) COO Robert Dennehy sold 252 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $275.20, for a total transaction of $69,350.40. Following the completion of the transaction, the chief operating officer directly owned 12,758 shares of the company’s stock, valued at $3,511,001.60. This trade represents a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Down 1.7%

NASDAQ:MTSI opened at $257.56 on Thursday. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of 82.82, a PEG ratio of 1.45 and a beta of 1.71. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $121.97 and a 52 week high of $418.90. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $292.22 and a 200 day moving average of $294.29.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. MACOM Technology Solutions’s revenue was up 35.8% on a year-over-year basis. During the same period last year, the firm posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Susquehanna dropped their price objective on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Weiss Ratings cut MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, Needham & Company LLC raised their price objective on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, MACOM Technology Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $341.25.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of institutional investors have recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc purchased a new position in MACOM Technology Solutions during the second quarter valued at $49,000. GHP Investment Advisors Inc. purchased a new position in MACOM Technology Solutions in the 1st quarter valued at about $31,000. Keating Financial Advisory Services Inc. purchased a new stake in MACOM Technology Solutions during the 2nd quarter worth approximately $58,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $67,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of MACOM Technology Solutions in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Key MACOM Technology Solutions News

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Analysts significantly raised earnings expectations. Zacks Research maintained a “Strong-Buy” rating and lifted its EPS forecasts for fiscal 2026 to $4.35 from $3.49, fiscal 2027 to $4.84 from $3.99, and fiscal 2028 to $4.53 from $4.23. It also increased several quarterly estimates, including Q4 2026 EPS to $1.67 from $0.90. These revisions suggest stronger anticipated growth for MACOM. Zacks earnings estimates and industry outlook
• Positive Sentiment: Industry trends remain favorable. Zacks identified artificial-intelligence demand, along with recoveries in automotive and industrial markets, as growth drivers for analog and mixed-signal chipmakers such as MACOM, Monolithic Power Systems and Semtech. MACOM’s exposure to high-performance communications and data-transmission applications could benefit from these trends. Analog and mixed-signal industry outlook
• Neutral Sentiment: COO Robert Dennehy sold 252 shares for approximately $69,350. The transaction reduced his ownership by 1.94%, but he retained 12,758 shares. Because the sale was executed under a pre-arranged Rule 10b5-1 trading plan and represented a small portion of his holdings, it provides limited insight into management’s outlook. SEC insider transaction filing
• Negative Sentiment: One longer-term estimate was trimmed. Zacks lowered its Q3 2028 EPS forecast to $1.13 from $1.15, a modest negative adjustment amid otherwise broad-based increases. MTSI also trades at a high earnings multiple, making the shares sensitive to any disappointment in growth expectations.

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.