MACOM Technology Solutions (NASDAQ:MTSI) Stock Rating Upgraded by Zacks Research

MACOM Technology Solutions (NASDAQ:MTSI) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. JPMorgan Chase & Co. increased their price target 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. Barclays boosted their price objective on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Weiss Ratings lowered shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. BMO Capital Markets assumed coverage on shares of MACOM Technology Solutions in a report on Friday, August 21st. They issued a “market perform” rating and a $335.00 price target for the company. Finally, Truist Financial lifted their price target on shares of MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock opened at $266.27 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. MACOM Technology Solutions has a 52 week low of $121.97 and a 52 week high of $418.90. The stock has a market capitalization of $20.34 billion, a P/E ratio of 85.62, a price-to-earnings-growth ratio of 1.48 and a beta of 1.70. The stock has a fifty day moving average of $306.08 and a 200-day moving average of $292.94.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.05. The business had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.MACOM Technology Solutions’s revenue was up 35.8% compared to the same quarter last year. During the same period last year, the firm posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, sell-side analysts expect that MACOM Technology Solutions will post 4.12 earnings per share for the current fiscal year.

Insider Transactions at MACOM Technology Solutions

In related news, SVP Donghyun Thomas Hwang sold 2,620 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the transaction, the senior vice president directly owned 29,756 shares of the company’s stock, valued at $11,422,435.72. This trade represents a 8.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the transaction, the chief financial officer owned 33,583 shares in the company, valued at approximately $10,950,744.64. This trade represents a 18.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 25,837 shares of company stock worth $9,204,236 in the last quarter. 0.36% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Several hedge funds have recently modified their holdings of the company. California State Teachers Retirement System boosted its stake in shares of MACOM Technology Solutions by 37,467.0% in the 2nd quarter. California State Teachers Retirement System now owns 29,824,812 shares of the semiconductor company’s stock worth $11,344,464,000 after buying an additional 29,745,421 shares during the last quarter. Vanguard Group Inc. increased its position in shares of MACOM Technology Solutions by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 7,225,100 shares of the semiconductor company’s stock valued at $1,237,515,000 after acquiring an additional 157,343 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of MACOM Technology Solutions by 7.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,934,684 shares of the semiconductor company’s stock valued at $331,374,000 after acquiring an additional 136,262 shares during the last quarter. Geode Capital Management LLC lifted its holdings in MACOM Technology Solutions by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 1,267,103 shares of the semiconductor company’s stock worth $217,073,000 after acquiring an additional 37,222 shares during the period. Finally, GW&K Investment Management LLC lifted its holdings in MACOM Technology Solutions by 6.1% during the fourth quarter. GW&K Investment Management LLC now owns 1,217,935 shares of the semiconductor company’s stock worth $208,609,000 after acquiring an additional 70,167 shares during the period. Institutional investors own 76.14% of the company’s stock.

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.