MACOM Technology Solutions (NASDAQ:MTSI) Given New $450.00 Price Target at Barclays

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective upped by equities researchers at Barclays from $400.00 to $450.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor company’s stock. Barclays‘s price objective would indicate a potential upside of 16.94% from the stock’s current price.

Several other research analysts have also issued reports on MTSI. JPMorgan Chase & Co. raised their price target on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Needham & Company LLC raised their price target on MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Jefferies Financial Group raised their price target on MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, Bank of America raised their price target on MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Two equities research 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’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $321.36.

MACOM Technology Solutions Trading Up 1.1%

Shares of NASDAQ MTSI traded up $4.38 during midday trading on Friday, hitting $384.83. The stock had a trading volume of 301,216 shares, compared to its average volume of 1,329,283. The company’s 50-day simple moving average is $275.77 and its 200 day simple moving average is $225.61. The firm has a market cap of $29.36 billion, a P/E ratio of 166.97, a price-to-earnings-growth ratio of 3.11 and a beta of 1.60. MACOM Technology Solutions has a fifty-two week low of $118.16 and a fifty-two week high of $401.24. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The business had revenue of $288.96 million for the quarter, compared to analyst estimates of $285.20 million. During the same period last year, the company earned $0.85 EPS. The firm’s revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts anticipate that MACOM Technology Solutions will post 3.65 EPS for the current year.

Insider Activity

In other MACOM Technology Solutions news, COO Robert Dennehy sold 18,398 shares of MACOM Technology Solutions 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John Kober sold 7,644 shares of MACOM Technology Solutions stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $359.25, for a total value of $2,746,107.00. Following the transaction, the chief financial officer owned 40,972 shares in the company, valued at approximately $14,719,191. This represents a 15.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 397,135 shares of company stock valued at $107,430,282. Company insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new position in MACOM Technology Solutions during the third quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its holdings 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 acquiring an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in MACOM Technology Solutions during the fourth quarter worth about $30,000. GHP Investment Advisors Inc. bought a new position in MACOM Technology Solutions during the first quarter worth about $31,000. Finally, Smartleaf Asset Management LLC lifted its holdings 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 acquiring an additional 150 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors.

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.