MACOM Technology Solutions Holdings, Inc. $MTSI Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,154 shares of the semiconductor company’s stock after purchasing an additional 1,762 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in MACOM Technology Solutions were worth $3,795,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. FengHe Fund Management Pte. Ltd. acquired a new position in MACOM Technology Solutions in the fourth quarter valued at $90,663,000. M&T Bank Corp increased its stake in MACOM Technology Solutions by 41.8% in the fourth quarter. M&T Bank Corp now owns 2,703 shares of the semiconductor company’s stock valued at $463,000 after purchasing an additional 797 shares during the period. Pictet Asset Management Holding SA increased its stake in MACOM Technology Solutions by 10.5% in the fourth quarter. Pictet Asset Management Holding SA now owns 10,102 shares of the semiconductor company’s stock valued at $1,730,000 after purchasing an additional 960 shares during the period. UBS Group AG increased its stake in MACOM Technology Solutions by 31.9% in the fourth quarter. UBS Group AG now owns 909,799 shares of the semiconductor company’s stock valued at $155,830,000 after purchasing an additional 219,849 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its stake in MACOM Technology Solutions by 1.8% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 26,813 shares of the semiconductor company’s stock valued at $4,593,000 after purchasing an additional 486 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Benchmark lifted their price objective on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Loop Capital assumed coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They issued a “buy” rating and a $300.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on shares of MACOM Technology Solutions from $165.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Finally, Bank of America boosted their price target on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.45.

Insider Activity

In other news, major shareholder Susan Ocampo sold 261,763 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $254.43, for a total transaction of $66,600,360.09. Following the transaction, the insider directly owned 3,759,895 shares in the company, valued at $956,630,084.85. The trade was a 6.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Robert Dennehy sold 18,398 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $245.25, for a total transaction of $4,512,109.50. Following the transaction, the chief operating officer owned 12,864 shares in the company, valued at approximately $3,154,896. This trade represents a 58.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 651,557 shares of company stock valued at $161,175,774. 0.36% of the stock is owned by insiders.

MACOM Technology Solutions Trading Up 2.6%

Shares of MACOM Technology Solutions stock opened at $291.47 on Tuesday. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $109.09 and a 52-week high of $299.82. The company has a quick ratio of 3.18, a current ratio of 3.96 and a debt-to-equity ratio of 0.30. The company’s 50-day simple moving average is $244.61 and its 200-day simple moving average is $205.85. The firm has a market cap of $21.86 billion, a price-to-earnings ratio of 136.84, a price-to-earnings-growth ratio of 4.72 and a beta of 1.60.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. MACOM Technology Solutions had a net margin of 15.88% and a return on equity of 15.55%. The business had revenue of $271.61 million for the quarter, compared to analyst estimates of $269.02 million. During the same period in the previous year, the business posted $0.79 earnings per share. The business’s revenue was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. As a group, equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.2 earnings per share for the current year.

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.