MACOM Technology Solutions (NASDAQ:MTSI) Stock: Insider John Kober Sells 973 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 973 shares of the business’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 completion of the sale, the chief financial officer directly owned 35,580 shares of the company’s stock, valued at $7,558,259.40. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.

John Kober also recently made the following trade(s):

• On Friday, November 6th, John Kober sold 21,036 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $206.91, for a total value of $4,352,558.76.
• On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $236.60, for a total value of $242,988.20.
• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Stock Down 1.5%

Shares of NASDAQ MTSI opened at $226.48 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 2.53 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $150.80 and a 52 week high of $418.90. The firm’s fifty day moving average is $269.47 and its 200 day moving average is $282.84. The company has a market cap of $17.30 billion, a price-to-earnings ratio of 52.67, a PEG ratio of 0.84 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its earnings results on Thursday, November 5th. The semiconductor company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $424.82 million during the quarter, compared to the consensus estimate of $420.35 million. During the same quarter in the prior year, the company earned $0.94 earnings per share. The firm’s revenue for the quarter was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. On average, equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 7.23 earnings per share for the current year.

Key MACOM Technology Solutions News

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

Analysts Set New Price Targets

A number of research analysts have recently commented on MTSI shares. JPMorgan Chase & Co. lowered their target price on MACOM Technology Solutions from $345.00 to $280.00 and set a “neutral” rating for the company in a research note on Friday, November 6th. Truist Financial reduced their price target on MACOM Technology Solutions from $375.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, November 6th. Zacks Research raised MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Needham & Company LLC decreased their price objective on MACOM Technology Solutions from $410.00 to $300.00 and set a “buy” rating for the company in a report on Thursday, November 5th. Finally, Stifel Nicolaus set a $360.00 price objective on MACOM Technology Solutions in a research report on Thursday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $316.25.

Institutional Investors Weigh In On MACOM Technology Solutions

Several hedge funds have recently bought and sold shares of MTSI. Jupiter Topco LLC purchased a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $256,612,000. Bank of America Corp DE bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth approximately $247,732,000. Bank of New York Mellon Corp bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth approximately $204,593,000. Janus Henderson Group PLC grew its stake in shares of MACOM Technology Solutions by 15.5% in the 1st quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after buying an additional 105,032 shares during the last quarter. Finally, Bessemer Group Inc. grew its stake in shares of MACOM Technology Solutions by 0.5% in the 3rd quarter. Bessemer Group Inc. now owns 531,679 shares of the semiconductor company’s stock worth $151,433,000 after buying an additional 2,617 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

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.