Loomis Sayles & Co. L P Sells 12,513 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Loomis Sayles & Co. L P lowered its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 2.3% in the second quarter, Holdings Channel reports. The firm owned 520,091 shares of the semiconductor company’s stock after selling 12,513 shares during the period. Loomis Sayles & Co. L P’s holdings in MACOM Technology Solutions were worth $74,524,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in MACOM Technology Solutions in the 2nd quarter valued at approximately $113,936,000. Fiera Capital Corp acquired a new position in shares of MACOM Technology Solutions in the second quarter valued at $41,744,000. AQR Capital Management LLC lifted its position in MACOM Technology Solutions by 5,891.8% in the first quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company’s stock worth $23,510,000 after purchasing an additional 243,271 shares during the period. Nuveen LLC bought a new position in MACOM Technology Solutions in the first quarter worth $23,767,000. Finally, Bank of New York Mellon Corp increased its holdings in MACOM Technology Solutions by 52.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 628,882 shares of the semiconductor company’s stock valued at $90,113,000 after buying an additional 215,578 shares during the period. 76.14% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Susan Ocampo sold 150,424 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the completion of the sale, the insider owned 3,584,621 shares in the company, valued at $474,711,359.03. The trade was a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 1,817,447 shares of company stock valued at $254,851,554. 16.30% of the stock is owned by corporate insiders.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ MTSI opened at $175.17 on Friday. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $179.38. The stock has a 50 day moving average of $145.85 and a 200-day moving average of $136.31. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $13.13 billion, a P/E ratio of -173.44, a P/E/G ratio of 2.26 and a beta of 1.52.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. The firm had revenue of $261.17 million for the quarter, compared to the consensus estimate of $260.16 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MTSI. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Truist Financial reissued a “buy” rating and set a $180.00 price objective (up from $158.00) on shares of MACOM Technology Solutions in a report on Friday, November 7th. Benchmark lifted their price objective on MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Barclays boosted their target price on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Finally, Zacks Research upgraded MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $169.44.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.