Robert Dennehy Sells 5,000 Shares of MACOM Technology Solutions (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Robert Dennehy sold 5,000 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $127.23, for a total transaction of $636,150.00. Following the transaction, the senior vice president owned 10,680 shares of the company’s stock, valued at $1,358,816.40. This represents a 31.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI opened at $127.97 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83. The company has a fifty day moving average of $128.89 and a two-hundred day moving average of $123.48. The stock has a market capitalization of $9.53 billion, a PE ratio of -126.70, a P/E/G ratio of 1.95 and a beta of 1.48. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $84.00 and a fifty-two week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The company had revenue of $252.08 million during the quarter, compared to analysts’ expectations of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The firm’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. As a group, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Bank of America upped their price objective on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Saturday, September 27th. Zacks Research upgraded shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Stifel Nicolaus increased their target price on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Finally, Wall Street Zen cut shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $146.56.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in MACOM Technology Solutions by 174.0% during the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 134 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in MACOM Technology Solutions during the first quarter worth about $25,000. Maseco LLP purchased a new position in MACOM Technology Solutions during the second quarter worth about $48,000. SVB Wealth LLC purchased a new position in MACOM Technology Solutions during the first quarter worth about $34,000. Finally, Allworth Financial LP boosted its stake in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after buying an additional 197 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.