Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells $242,988.20 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 1,027 shares of the firm’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $236.60, for a total value of $242,988.20. Following the completion of the sale, the chief financial officer owned 34,405 shares of the company’s stock, valued at approximately $8,140,223. This represents a 2.90% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Kober also recently made the following trade(s):

• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Stock Up 5.0%

MTSI stock traded up $12.10 during trading on Tuesday, reaching $255.68. 1,908,018 shares of the stock were exchanged, compared to its average volume of 1,454,452. The firm’s 50 day moving average is $278.95 and its 200 day moving average is $281.34. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $144.06 and a twelve month high of $418.90. 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 firm has a market cap of $19.53 billion, a P/E ratio of 82.21, a price-to-earnings-growth ratio of 0.78 and a beta of 1.77.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to analysts’ expectations 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 quarter 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. As a group, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Benchmark began coverage on shares of MACOM Technology Solutions in a report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective on the stock. Raymond James Financial raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research note on Tuesday. Finally, BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price objective for the company in a report on Friday, September 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $338.08.

Institutional Trading of MACOM Technology Solutions

Several institutional investors and hedge funds have recently modified their holdings of MTSI. Swedbank AB bought a new position in MACOM Technology Solutions during the 1st quarter valued at $13,059,000. Azzad Asset Management Inc. ADV boosted its holdings 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. Principal Financial Group Inc. grew its stake in shares of MACOM Technology Solutions by 41.7% in the 1st quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock worth $43,337,000 after acquiring an additional 57,474 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of MACOM Technology Solutions by 2,385.6% in the 1st quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock worth $4,101,000 after acquiring an additional 17,725 shares in the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of MACOM Technology Solutions by 15.5% in the 1st quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after acquiring an additional 105,032 shares in the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.