MACOM Technology Solutions Holdings, Inc. $MTSI Shares Bought by Strs Ohio

Strs Ohio raised its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 30.9% during the second quarter, HoldingsChannel reports. The firm owned 43,078 shares of the semiconductor company’s stock after buying an additional 10,178 shares during the period. Strs Ohio’s holdings in MACOM Technology Solutions were worth $6,173,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of MTSI. Hantz Financial Services Inc. increased its stake in MACOM Technology Solutions by 174.0% in the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 134 shares during the period. SVB Wealth LLC purchased a new position in MACOM Technology Solutions during the first quarter worth about $34,000. Allworth Financial LP raised its holdings in MACOM Technology Solutions by 131.3% during the first quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 197 shares in the last quarter. Maseco LLP purchased a new position in MACOM Technology Solutions during the second quarter worth about $48,000. Finally, Advisors Asset Management Inc. raised its holdings in MACOM Technology Solutions by 49.7% during the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 161 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MTSI shares. TD Cowen started coverage on shares of MACOM Technology Solutions in a report on Wednesday, October 1st. They set a “buy” rating and a $150.00 price target for the company. Stifel Nicolaus increased their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Truist Financial increased their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a report on Monday, July 7th. Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, MACOM Technology Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $150.50.

Insider Activity

In other news, SVP Robert Dennehy sold 4,128 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $140.02, for a total value of $578,002.56. Following the sale, the senior vice president directly owned 6,552 shares in the company, valued at $917,411.04. This represents a 38.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Susan Ocampo sold 8,358 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $150.01, for a total transaction of $1,253,783.58. Following the completion of the sale, the insider owned 2,577,334 shares in the company, valued at $386,625,873.34. This represents a 0.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,553,712 shares of company stock worth $211,008,498 over the last ninety days. 16.30% of the stock is currently owned by insiders.

MACOM Technology Solutions Trading Down 1.6%

Shares of MTSI opened at $148.13 on Monday. 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 firm’s 50-day moving average is $132.70 and its two-hundred day moving average is $128.83. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.00 and a twelve month high of $154.86. The firm has a market capitalization of $11.03 billion, a P/E ratio of -146.66, a PEG ratio of 2.26 and a beta of 1.48.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The company had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. During the same period in the prior year, the business posted $0.66 earnings per share. The firm’s revenue for the quarter was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. On average, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

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.