Wall Street Zen upgraded shares of MACOM Technology Solutions (NASDAQ:MTSI – Free Report) from a hold rating to a buy rating in a research report sent to investors on Saturday.
Several other equities analysts also recently issued reports on MTSI. Stifel Nicolaus boosted their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a report on Friday, July 18th. Bank of America boosted their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. TD Cowen initiated coverage on shares of MACOM Technology Solutions in a report on Wednesday, October 1st. They set a “buy” rating and a $150.00 price target for the company. Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MACOM Technology Solutions in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, MACOM Technology Solutions presently has an average rating of “Moderate Buy” and an average target price of $146.56.
View Our Latest Stock Report on MACOM Technology Solutions
MACOM Technology Solutions Stock Down 8.1%
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company had revenue of $252.08 million during the quarter, compared to the consensus estimate of $249.89 million. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Research analysts predict that MACOM Technology Solutions will post 2.43 EPS for the current year.
Insider Activity
In related news, major shareholder Susan Ocampo sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $133.03, for a total value of $19,954,500.00. Following the completion of the sale, the insider owned 3,159,710 shares of the company’s stock, valued at $420,336,221.30. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Robert Dennehy sold 5,000 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total transaction of $636,150.00. Following the completion of the sale, the senior vice president directly owned 10,680 shares of the company’s stock, valued at $1,358,816.40. The trade was a 31.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 970,711 shares of company stock valued at $128,686,483 in the last ninety days. Corporate insiders own 16.30% of the company’s stock.
Institutional Investors Weigh In On MACOM Technology Solutions
Institutional investors and hedge funds have recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new stake in MACOM Technology Solutions in the 1st quarter valued at about $25,000. Hantz Financial Services Inc. lifted its holdings in MACOM Technology Solutions by 174.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 134 shares during the last quarter. SVB Wealth LLC acquired a new stake in MACOM Technology Solutions in the 1st quarter valued at about $34,000. Allworth Financial LP lifted its holdings in MACOM Technology Solutions by 131.3% in the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 197 shares during the last quarter. Finally, Maseco LLP acquired a new stake in MACOM Technology Solutions in the 2nd quarter valued at about $48,000. 76.14% of the stock is owned by institutional investors and hedge funds.
About MACOM Technology Solutions
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.
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