VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 14,700 MACOM Technology Solutions Holdings, Inc. $MTSI

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 14,700 shares of the semiconductor company’s stock, valued at approximately $5,591,000.

Several other large investors have also bought and sold shares of the business. California State Teachers Retirement System boosted its stake in MACOM Technology Solutions by 37,467.0% in the second quarter. California State Teachers Retirement System now owns 29,824,812 shares of the semiconductor company’s stock valued at $11,344,464,000 after acquiring an additional 29,745,421 shares during the last quarter. Whale Rock Capital Management LLC bought a new stake in shares of MACOM Technology Solutions during the 4th quarter valued at $134,164,000. Jupiter Topco LLC bought a new stake in shares of MACOM Technology Solutions during the 2nd quarter valued at $256,612,000. Bank of America Corp DE acquired a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $247,732,000. Finally, Wellington Management Group LLP boosted its position in shares of MACOM Technology Solutions by 180.6% in the 3rd 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 last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO John Kober sold 7,389 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. This represents a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Hwang sold 2,620 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the sale, the senior vice president directly owned 29,756 shares of the company’s stock, valued at $11,422,435.72. This represents a 8.09% decrease in their position. 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. Insiders sold 10,261 shares of company stock worth $3,484,495 over the last quarter. 0.36% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Needham & Company LLC increased their target price on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research raised MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Finally, Barclays lifted their price objective on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $341.25.

MACOM Technology Solutions Stock Performance

Shares of MACOM Technology Solutions stock opened at $274.80 on Wednesday. The stock’s fifty day simple moving average is $283.42 and its 200 day simple moving average is $294.94. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $20.99 billion, a PE ratio of 88.36, a PEG ratio of 1.49 and a beta of 1.71. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. The company had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The company’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.

MACOM Technology Solutions Company 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.