6,030 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC purchased a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the fourth quarter, Holdings Channel reports. The fund purchased 6,030 shares of the semiconductor company’s stock, valued at approximately $1,033,000.

A number of other hedge funds have also bought and sold shares of MTSI. Wellington Management Group LLP boosted its holdings in MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock worth $122,802,000 after purchasing an additional 634,903 shares during the period. Rafferty Asset Management LLC acquired a new position in MACOM Technology Solutions in the third quarter worth $67,486,000. FengHe Fund Management Pte. Ltd. acquired a new position in MACOM Technology Solutions in the fourth quarter worth $90,663,000. Vanguard Group Inc. boosted its holdings in MACOM Technology Solutions by 5.9% in the third quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock worth $879,865,000 after purchasing an additional 392,365 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in MACOM Technology Solutions by 205.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 390,450 shares of the semiconductor company’s stock worth $48,607,000 after purchasing an additional 262,557 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $358.98 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $118.16 and a 1 year high of $401.24. The company has a market cap of $27.39 billion, a price-to-earnings ratio of 155.40, a price-to-earnings-growth ratio of 3.26 and a beta of 1.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52. The firm has a fifty day moving average of $269.43 and a 200-day moving average of $222.39.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. During the same quarter in the previous year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.3 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Needham & Company LLC lifted their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research note on Friday, May 8th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. lifted their target price on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Benchmark lifted their target price on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $316.82.

Insider Buying and Selling at MACOM Technology Solutions

In other news, COO Robert Dennehy sold 18,398 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief operating officer directly owned 12,864 shares in the company, valued at approximately $3,154,896. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Peter Y. Chung sold 43,268 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total value of $16,363,957.60. Following the transaction, the director owned 6,781 shares of the company’s stock, valued at approximately $2,564,574.20. This represents a 86.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 386,896 shares of company stock valued at $103,748,315. 0.36% of the stock is currently owned by insiders.

MACOM Technology Solutions Profile

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.