Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells $2,409,405.12 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 7,389 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the sale, the chief financial officer directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Down 7.8%

Shares of MTSI traded down $22.90 during trading hours on Wednesday, reaching $269.98. 1,796,650 shares of the company traded hands, compared to its average volume of 1,477,561. The stock’s fifty day moving average price is $316.79 and its 200 day moving average price is $291.46. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $118.28 and a 12-month high of $418.90. The firm has a market cap of $20.62 billion, a price-to-earnings ratio of 86.81, a PEG ratio of 1.99 and a beta of 1.70.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on MTSI shares. Truist Financial raised their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Benchmark initiated coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They set a “buy” rating and a $375.00 target price on the stock. Barclays raised their target price 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. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $341.82.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of large investors have recently added to or reduced their stakes in MTSI. Swedbank AB acquired a new position in shares of MACOM Technology Solutions in the 1st quarter valued at $13,059,000. Principal Financial Group Inc. boosted its position in MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock worth $43,337,000 after purchasing an additional 57,474 shares during the period. Azzad Asset Management Inc. ADV grew its position in MACOM Technology Solutions by 94.4% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock worth $4,466,000 after acquiring an additional 9,767 shares during the last quarter. Fifth Third Bancorp increased its stake in MACOM Technology Solutions by 2,385.6% during the 1st quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock valued at $4,101,000 after purchasing an additional 17,725 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in shares of MACOM Technology Solutions by 5,004.6% in the 4th quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock valued at $17,796,000 after purchasing an additional 100,893 shares during the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

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.