MACOM Technology Solutions (NASDAQ:MTSI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of MACOM Technology Solutions (NASDAQ:MTSI) from a hold rating to a buy rating in a report released on Saturday morning.

MTSI has been the topic of several other reports. Bank of America upped their price target on MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. HC Wainwright restated a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, August 5th. Needham & Company LLC boosted 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. Finally, Stifel Nicolaus upped their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $331.36.

MACOM Technology Solutions Trading Down 4.4%

NASDAQ:MTSI opened at $297.03 on Friday. The company has a 50-day moving average price of $324.13 and a 200-day moving average price of $287.80. The stock has a market cap of $22.66 billion, a price-to-earnings ratio of 95.51, a P/E/G ratio of 1.99 and a beta of 1.70. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a 12 month low of $118.16 and a 12 month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. The company had revenue of $342.24 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 35.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities analysts predict that MACOM Technology Solutions will post 3.68 EPS for the current year.

Insider Buying and Selling

In related news, SVP Donghyun Thomas Hwang sold 2,620 shares of the business’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 29,756 shares in the company, valued at $11,422,435.72. The trade was a 8.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,644 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $359.25, for a total value of $2,746,107.00. Following the completion of the transaction, the chief financial officer directly owned 40,972 shares in the company, valued at $14,719,191. This trade represents a 15.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 72,755 shares of company stock worth $27,144,756 over the last quarter. 0.36% of the stock is owned by insiders.

Institutional Investors Weigh In On MACOM Technology Solutions

Several institutional investors have recently modified their holdings of MTSI. Versant Capital Management Inc raised its stake in shares of MACOM Technology Solutions by 11.0% in the second quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock worth $130,000 after buying an additional 34 shares during the period. Pacer Advisors Inc. grew its stake in shares of MACOM Technology Solutions by 0.4% during the 1st quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock valued at $2,673,000 after acquiring an additional 51 shares during the period. Northwestern Mutual Investment Management Company LLC grew its stake in shares of MACOM Technology Solutions by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock valued at $2,454,000 after acquiring an additional 53 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in MACOM Technology Solutions by 2.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock worth $479,000 after acquiring an additional 62 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in MACOM Technology Solutions by 2.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock worth $467,000 after acquiring an additional 63 shares in the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

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.