CenterBook Partners LP Buys New Shares in MACOM Technology Solutions Holdings, Inc. $MTSI

CenterBook Partners LP bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the 3rd quarter, Holdings Channel reports. The fund bought 3,017 shares of the semiconductor company’s stock, valued at approximately $859,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Versant Capital Management Inc lifted its holdings in MACOM Technology Solutions by 11.0% during the second quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 34 shares in the last quarter. Mather Group LLC. boosted its position in shares of MACOM Technology Solutions by 41.0% in the third quarter. Mather Group LLC. now owns 141 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 41 shares during the period. Wedmont Private Capital boosted its position in shares of MACOM Technology Solutions by 1.9% in the third quarter. Wedmont Private Capital now owns 2,614 shares of the semiconductor company’s stock worth $745,000 after purchasing an additional 48 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of MACOM Technology Solutions by 14.5% in the third quarter. SBI Securities Co. Ltd. now owns 394 shares of the semiconductor company’s stock worth $112,000 after purchasing an additional 50 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in shares of MACOM Technology Solutions by 0.4% in the first quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock worth $2,673,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.

Wall Street Analysts Forecast Growth

MTSI has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Raymond James Financial upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price on the stock in a research note on Tuesday, October 27th. Truist Financial dropped their target price on shares of MACOM Technology Solutions from $375.00 to $310.00 and set a “buy” rating for the company in a report on Friday, November 6th. Susquehanna cut their price target on MACOM Technology Solutions from $300.00 to $220.00 and set a “neutral” rating for the company in a research note on Thursday, November 5th. Finally, Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, MACOM Technology Solutions currently has an average rating of “Moderate Buy” and an average target price of $316.25.

Insider Activity

In related news, SVP Ambra R. Roth sold 9,497 shares of the company’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $226.65, for a total transaction of $2,152,495.05. Following the completion of the transaction, the senior vice president owned 15,666 shares in the company, valued at approximately $3,550,698.90. This represents a 37.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Kober sold 973 shares of the company’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $212.43, for a total transaction of $206,694.39. Following the transaction, the chief financial officer owned 35,580 shares of the company’s stock, valued at approximately $7,558,259.40. This represents a 2.66% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 40,827 shares of company stock worth $9,629,392 over the last quarter. Insiders own 0.36% of the company’s stock.

MACOM Technology Solutions Stock Down 1.5%

Shares of MTSI opened at $226.48 on Wednesday. The business’s 50 day moving average is $269.47 and its 200 day moving average is $282.84. The company has a current ratio of 2.53, a quick ratio of 1.99 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $150.80 and a 12-month high of $418.90. The company has a market capitalization of $17.30 billion, a PE ratio of 52.67, a price-to-earnings-growth ratio of 0.84 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.09. MACOM Technology Solutions had a return on equity of 22.46% and a net margin of 25.25%. The business had revenue of $424.82 million during the quarter, compared to the consensus estimate of $420.35 million. During the same period in the prior year, the company posted $0.94 EPS. The firm’s revenue for the quarter was up 62.6% compared to the same quarter last year. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 7.23 earnings per share for the current fiscal year.

MACOM Technology Solutions News Roundup

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

• Positive Sentiment: MACOM’s latest quarterly results beat expectations: EPS was $2.09 versus a $2.00 consensus estimate, revenue reached $424.82 million versus $420.35 million expected, and revenue grew 62.6% year over year. Its Q1 2027 EPS guidance is $2.21–$2.29.
• Neutral Sentiment: CFO John Kober and SVP Ambra Roth reported share sales, including Roth’s sale of 9,497 shares worth about $2.15 million. The reported transactions were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, which may make them less indicative of a negative view on the stock. Insider sale report
• Neutral Sentiment: A report listed short interest at zero shares as of November 10, suggesting little reported short positioning, though the figure’s investment significance is unclear.
• Negative Sentiment: JPMorgan lowered its MTSI price target to $280 from $345 and maintained a neutral rating. Truist Financial also cut its price target, adding to recent analyst caution. Truist price-target report

MACOM Technology Solutions Company Profile

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems. The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.