MACOM Technology Solutions (NASDAQ:MTSI) Stock: Insider John Kober Sells 21,036 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 21,036 shares of the firm’s stock in a transaction on Friday, November 6th. The shares were sold at an average price of $206.91, for a total transaction of $4,352,558.76. Following the completion of the transaction, the chief financial officer directly owned 36,553 shares of the company’s stock, valued at approximately $7,563,181.23. The trade was a 36.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Monday, November 9th, John Kober sold 973 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $212.43, for a total transaction of $206,694.39.
• On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $236.60, for a total transaction 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 Price Performance

Shares of NASDAQ MTSI opened at $226.48 on Wednesday. The stock’s 50-day simple moving average is $269.47 and its two-hundred day simple moving average is $282.84. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $150.80 and a twelve month high of $418.90. The firm has a market capitalization of $17.30 billion, a P/E ratio of 52.67, a P/E/G ratio of 0.84 and a beta of 1.82. 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 (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (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 firm had revenue of $424.82 million during the quarter, compared to the consensus estimate of $420.35 million. During the same quarter last year, the company posted $0.94 EPS. The company’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. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 7.23 EPS for the current fiscal year.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Private Advisor Group LLC grew its holdings in shares of MACOM Technology Solutions by 123.3% in the third quarter. Private Advisor Group LLC now owns 1,755 shares of the semiconductor company’s stock worth $500,000 after purchasing an additional 969 shares during the last quarter. Stephens Investment Management Group LLC boosted its position in MACOM Technology Solutions by 15.0% during the 3rd quarter. Stephens Investment Management Group LLC now owns 363,752 shares of the semiconductor company’s stock valued at $103,604,000 after buying an additional 47,344 shares during the period. South Dakota Investment Council boosted its position in MACOM Technology Solutions by 3.5% during the 3rd quarter. South Dakota Investment Council now owns 4,400 shares of the semiconductor company’s stock valued at $1,253,000 after buying an additional 150 shares during the period. Cibc World Market Inc. grew its holdings in MACOM Technology Solutions by 1.2% in the 3rd quarter. Cibc World Market Inc. now owns 10,955 shares of the semiconductor company’s stock worth $3,120,000 after acquiring an additional 135 shares during the last quarter. Finally, Intech Investment Management LLC grew its holdings in MACOM Technology Solutions by 12.2% in the 3rd quarter. Intech Investment Management LLC now owns 13,691 shares of the semiconductor company’s stock worth $3,899,000 after acquiring an additional 1,490 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MTSI. Needham & Company LLC reduced their target price on MACOM Technology Solutions from $410.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday, November 5th. BMO Capital Markets raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price target for the company in a research note on Friday, September 18th. Raymond James Financial upgraded MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 price objective for the company in a report on Tuesday, October 27th. JPMorgan Chase & Co. reduced their price objective on MACOM Technology Solutions from $345.00 to $280.00 and set a “neutral” rating on the stock in a research report on Friday, November 6th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $316.25.

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

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.