Retirement Systems of Alabama Acquires 35,286 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Retirement Systems of Alabama grew its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 36.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,549 shares of the semiconductor company’s stock after acquiring an additional 35,286 shares during the period. Retirement Systems of Alabama owned about 0.17% of MACOM Technology Solutions worth $37,753,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Burkett Financial Services LLC purchased a new stake in shares of MACOM Technology Solutions during the third quarter worth about $38,000. Mather Group LLC. lifted its holdings in MACOM Technology Solutions by 41.0% in the 3rd quarter. Mather Group LLC. now owns 141 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 41 shares in the last quarter. Bell Investment Advisors Inc purchased a new position in MACOM Technology Solutions in the 2nd quarter worth approximately $49,000. Keating Financial Advisory Services Inc. purchased a new position in MACOM Technology Solutions in the 2nd quarter worth approximately $58,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in MACOM Technology Solutions in the 2nd quarter worth approximately $67,000. Institutional investors own 76.14% of the company’s stock.

More MACOM Technology Solutions News

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: MACOM’s latest quarterly results beat expectations: EPS was $2.09 versus a $2.00 consensus estimate, revenue reached $424.82 million versus $420.35 million expected, and revenue grew 62.6% year over year. Its Q1 2027 EPS guidance is $2.21–$2.29.
• Neutral Sentiment: CFO John Kober and SVP Ambra Roth reported share sales, including Roth’s sale of 9,497 shares worth about $2.15 million. The reported transactions were made under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, which may make them less indicative of a negative view on the stock. Insider sale report
• Neutral Sentiment: A report listed short interest at zero shares as of November 10, suggesting little reported short positioning, though the figure’s investment significance is unclear.
• Negative Sentiment: JPMorgan lowered its MTSI price target to $280 from $345 and maintained a neutral rating. Truist Financial also cut its price target, adding to recent analyst caution. Truist price-target report

MACOM Technology Solutions Trading Down 1.5%

Shares of MTSI stock opened at $226.48 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $150.80 and a 12-month high of $418.90. The company has a current ratio of 2.53, a quick ratio of 1.99 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average price is $269.47 and its 200-day moving average price is $282.84. The stock has a market capitalization of $17.30 billion, a price-to-earnings ratio of 52.67, a price-to-earnings-growth ratio of 0.84 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.09. The company had revenue of $424.82 million during the quarter, compared to analyst estimates of $420.35 million. MACOM Technology Solutions had a return on equity of 22.46% and a net margin of 25.25%. The firm’s revenue was up 62.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 earnings per share. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 7.23 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Robert Dennehy sold 252 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total value of $69,350.40. Following the sale, the chief operating officer owned 12,758 shares in the company, valued at approximately $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ambra Roth sold 9,497 shares of the company’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $226.65, for a total transaction of $2,152,495.05. Following the sale, the senior vice president directly owned 15,666 shares in the company, valued at approximately $3,550,698.90. The trade was a 37.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 40,827 shares of company stock worth $9,629,392. Insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on MTSI shares. Stifel Nicolaus set a $360.00 price target on MACOM Technology Solutions in a research note on Thursday, November 5th. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. BMO Capital Markets raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price on the stock in a report on Friday, September 18th. Susquehanna lowered their target price on shares of MACOM Technology Solutions from $300.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Finally, Raymond James Financial upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price for the company in a research report on Tuesday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $316.25.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems. The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.