MACOM Technology Solutions (NASDAQ:MTSI) Price Target Raised to $190.00

MACOM Technology Solutions (NASDAQ:MTSI) had its price target increased by Benchmark from $160.00 to $190.00 in a report issued on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

Other equities research analysts also recently issued research reports about the company. Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. TD Cowen began coverage on MACOM Technology Solutions in a report on Wednesday, October 1st. They issued a “buy” rating and a $150.00 target price for the company. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Needham & Company LLC increased their price objective on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

MACOM Technology Solutions Price Performance

NASDAQ MTSI traded up $5.36 on Friday, reaching $175.39. 439,084 shares of the stock traded hands, compared to its average volume of 830,931. MACOM Technology Solutions has a 12 month low of $84.00 and a 12 month high of $175.87. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The firm’s fifty day simple moving average is $135.39 and its 200 day simple moving average is $130.90. The company has a market cap of $13.06 billion, a price-to-earnings ratio of -173.65, a P/E/G ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. The firm had revenue of $261.17 million for the quarter, compared to analysts’ expectations of $260.16 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. MACOM Technology Solutions’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, research analysts predict that MACOM Technology Solutions will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling at MACOM Technology Solutions

In other news, major shareholder Susan Ocampo sold 150,424 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $132.43, for a total value of $19,920,650.32. Following the completion of the sale, the insider directly owned 3,584,621 shares of the company’s stock, valued at $474,711,359.03. This trade represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders sold 1,552,712 shares of company stock worth $210,885,098. 16.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MTSI. Principal Financial Group Inc. increased its stake in shares of MACOM Technology Solutions by 3.2% in the first quarter. Principal Financial Group Inc. now owns 136,978 shares of the semiconductor company’s stock worth $13,750,000 after buying an additional 4,249 shares during the period. OneDigital Investment Advisors LLC lifted its stake in shares of MACOM Technology Solutions by 27.0% during the 1st quarter. OneDigital Investment Advisors LLC now owns 2,407 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 511 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of MACOM Technology Solutions in the second quarter valued at about $265,000. US Bancorp DE lifted its position in MACOM Technology Solutions by 257.1% in the second quarter. US Bancorp DE now owns 5,989 shares of the semiconductor company’s stock worth $858,000 after buying an additional 4,312 shares during the last quarter. Finally, Emerald Advisers LLC lifted its holdings in MACOM Technology Solutions by 4.6% during the 2nd quarter. Emerald Advisers LLC now owns 182,648 shares of the semiconductor company’s stock valued at $26,172,000 after buying an additional 7,994 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

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.