Norges Bank Buys Shares of 568,643 MACOM Technology Solutions Holdings, Inc. $MTSI

Norges Bank bought a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 568,643 shares of the semiconductor company’s stock, valued at approximately $97,397,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Eurizon Capital SGR S.p.A. bought a new stake in MACOM Technology Solutions during the 4th quarter valued at $164,000. Geode Capital Management LLC raised its holdings in MACOM Technology Solutions by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 1,267,103 shares of the semiconductor company’s stock valued at $217,073,000 after acquiring an additional 37,222 shares during the period. Summitry LLC bought a new stake in MACOM Technology Solutions during the 4th quarter valued at $282,000. Clearstead Advisors LLC raised its holdings in MACOM Technology Solutions by 156.5% during the 4th quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 144 shares during the period. Finally, New Age Alpha Advisors LLC bought a new stake in MACOM Technology Solutions during the 4th quarter valued at $2,827,000. Institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Down 9.8%

Shares of NASDAQ:MTSI opened at $345.40 on Friday. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $118.16 and a 52-week high of $418.90. The firm has a fifty day moving average of $310.09 and a 200 day moving average of $241.99. The firm has a market capitalization of $26.35 billion, a PE ratio of 149.52, a price-to-earnings-growth ratio of 3.14 and a beta of 1.66. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its 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 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 analyst estimates of $285.20 million. During the same period in the previous year, the business earned $0.85 earnings per share. The firm’s quarterly revenue 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, research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current fiscal year.

Insider Buying and Selling

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 3,718 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the completion of the sale, the senior vice president directly owned 34,886 shares in the company, valued at $9,654,351.64. This represents a 9.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Geoffrey G. Ribar sold 1,623 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $361.84, for a total transaction of $587,266.32. Following the sale, the director owned 12,563 shares of the company’s stock, valued at approximately $4,545,795.92. The trade was a 11.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 75,476 shares of company stock valued at $27,755,202 in the last three months. 0.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MTSI shares. Loop Capital started coverage on shares of MACOM Technology Solutions in a report on Friday, April 10th. They set a “buy” rating and a $300.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. Benchmark boosted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Bank of America boosted their price target on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Barclays boosted their price target on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, MACOM Technology Solutions currently has an average rating of “Moderate Buy” and an average target price of $321.36.

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.