MACOM Technology Solutions (NASDAQ:MTSI) Shares Gap Down – Should You Sell?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $257.56, but opened at $250.91. MACOM Technology Solutions shares last traded at $250.7030, with a volume of 57,685 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have weighed in on MTSI. JPMorgan Chase & Co. boosted their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Truist Financial raised their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Stock Up 3.5%

The stock has a market cap of $20.54 billion, a price-to-earnings ratio of 86.48, a PEG ratio of 1.44 and a beta of 1.71. The business’s 50 day moving average is $287.61 and its 200-day moving average is $294.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34.

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

Insider Transactions at MACOM Technology Solutions

In related news, COO Robert Dennehy sold 252 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the sale, the chief operating officer directly owned 12,758 shares in the company, valued at approximately $3,511,001.60. This represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Hwang sold 2,620 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total value of $1,005,739.40. Following the completion of the sale, the senior vice president owned 29,756 shares in the company, valued at approximately $11,422,435.72. This represents a 8.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 10,261 shares of company stock valued at $3,484,495. 0.36% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On MACOM Technology Solutions

Several hedge funds have recently modified their holdings of the stock. Swedbank AB acquired a new position in shares of MACOM Technology Solutions in the first quarter worth $13,059,000. Principal Financial Group Inc. boosted its stake in shares of MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock valued at $43,337,000 after acquiring an additional 57,474 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its stake in shares of MACOM Technology Solutions by 94.4% during the first quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock valued at $4,466,000 after acquiring an additional 9,767 shares during the last quarter. Fifth Third Bancorp increased its position in MACOM Technology Solutions by 2,385.6% during the 1st quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock worth $4,101,000 after purchasing an additional 17,725 shares in the last quarter. Finally, Hsbc Holdings PLC increased its position in MACOM Technology Solutions by 5,004.6% during the 4th quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock worth $17,796,000 after purchasing an additional 100,893 shares in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

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.