MACOM Technology Solutions (NASDAQ:MTSI) Raised to Strong-Buy at Zacks Research

MACOM Technology Solutions (NASDAQ:MTSI) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. BMO Capital Markets began coverage on shares of MACOM Technology Solutions in a research note on Friday, August 21st. They set a “market perform” rating and a $335.00 price objective on the stock. Needham & Company LLC raised their target price on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Finally, Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $341.25.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $266.27 on Monday. The stock has a market capitalization of $20.34 billion, a price-to-earnings ratio of 85.62, a PEG ratio of 1.48 and a beta of 1.70. MACOM Technology Solutions has a 12 month low of $121.97 and a 12 month high of $418.90. The firm has a fifty day simple moving average of $306.08 and a 200 day simple moving average of $292.94. 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 (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. During the same period in the prior year, the business posted $0.90 EPS. The company’s quarterly revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Research analysts forecast that MACOM Technology Solutions will post 4.12 EPS for the current fiscal year.

Insider Buying and Selling at MACOM Technology Solutions

In other news, CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the sale, the chief financial officer directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 sale, the senior vice president owned 29,756 shares of the company’s stock, valued at approximately $11,422,435.72. This trade represents a 8.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 25,837 shares of company stock valued at $9,204,236 in the last quarter. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth $49,000. GHP Investment Advisors Inc. acquired a new position in MACOM Technology Solutions in the first quarter valued at about $31,000. Keating Financial Advisory Services Inc. bought a new stake in MACOM Technology Solutions during the second quarter worth about $58,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in MACOM Technology Solutions during the second quarter worth about $67,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in MACOM Technology Solutions during the fourth quarter worth about $30,000. 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.