Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) CEO Sells 20,000 Shares of Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CEO Stephen Daly sold 20,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $173.16, for a total transaction of $3,463,200.00. Following the sale, the chief executive officer directly owned 54,217 shares of the company’s stock, valued at $9,388,215.72. The trade was a 26.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

MACOM Technology Solutions Price Performance

Shares of NASDAQ:MTSI traded up $5.55 during midday trading on Wednesday, hitting $183.46. The company’s stock had a trading volume of 1,861,541 shares, compared to its average volume of 848,810. The company has a market cap of $13.75 billion, a P/E ratio of -226.49, a price-to-earnings-growth ratio of 2.44 and a beta of 1.47. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $84.00 and a 12-month high of $183.90. The business’s 50 day simple moving average is $147.70 and its 200 day simple moving average is $137.23. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.98 and a current ratio of 3.71.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. The company had revenue of $261.17 million during the quarter, compared to analysts’ expectations of $260.16 million. MACOM Technology Solutions had a negative net margin of 5.60% and a positive return on equity of 14.38%. MACOM Technology Solutions’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MTSI shares. Barclays lifted their price objective on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Needham & Company LLC raised their target price on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Benchmark lifted their price target on MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, November 7th. TD Cowen boosted their price target on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, Truist Financial restated a “buy” rating and set a $180.00 price objective (up from $158.00) on shares of MACOM Technology Solutions in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of $169.44.

Hedge Funds Weigh In On MACOM Technology Solutions

Several large investors have recently modified their holdings of MTSI. Advisory Services Network LLC acquired a new stake in shares of MACOM Technology Solutions during the 3rd quarter worth about $25,000. Hantz Financial Services Inc. lifted its position in MACOM Technology Solutions by 174.0% in the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 134 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in MACOM Technology Solutions by 75.6% during the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after buying an additional 93 shares during the period. Smartleaf Asset Management LLC boosted its stake in MACOM Technology Solutions by 108.7% during the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after buying an additional 150 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in shares of MACOM Technology Solutions by 282.4% during the third quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 240 shares during 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.