Susan Ocampo Sells 25,351 Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Susan Ocampo sold 25,351 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $130.05, for a total value of $3,296,897.55. Following the sale, the director now directly owns 6,046,676 shares in the company, valued at $786,370,213.80. This trade represents a 0.42 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Susan Ocampo also recently made the following trade(s):

• On Friday, November 15th, Susan Ocampo sold 105,782 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $123.67, for a total transaction of $13,082,059.94.
• On Wednesday, August 28th, Susan Ocampo sold 70,000 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $106.26, for a total transaction of $7,438,200.00.
• On Friday, August 23rd, Susan Ocampo sold 51,010 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $107.02, for a total transaction of $5,459,090.20.
• On Tuesday, August 20th, Susan Ocampo sold 93,728 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $106.32, for a total value of $9,965,160.96.

MACOM Technology Solutions Trading Down 3.0 %

NASDAQ MTSI opened at $123.00 on Monday. The company has a quick ratio of 6.55, a current ratio of 8.35 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $8.91 billion, a P/E ratio of 119.42, a P/E/G ratio of 2.16 and a beta of 1.69. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $79.25 and a 52-week high of $140.27. The firm has a 50-day moving average price of $113.44 and a 200 day moving average price of $107.64.

Institutional Trading of MACOM Technology Solutions

Several hedge funds have recently modified their holdings of the business. Swiss National Bank lifted its holdings in MACOM Technology Solutions by 1.8% in the first quarter. Swiss National Bank now owns 113,850 shares of the semiconductor company’s stock valued at $10,889,000 after acquiring an additional 2,000 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of MACOM Technology Solutions by 303.7% in the 1st quarter. Russell Investments Group Ltd. now owns 23,591 shares of the semiconductor company’s stock valued at $2,256,000 after purchasing an additional 17,748 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of MACOM Technology Solutions by 6.6% in the first quarter. ProShare Advisors LLC now owns 12,633 shares of the semiconductor company’s stock valued at $1,208,000 after purchasing an additional 780 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in MACOM Technology Solutions by 15.0% during the first quarter. State Board of Administration of Florida Retirement System now owns 17,965 shares of the semiconductor company’s stock worth $1,718,000 after buying an additional 2,337 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in MACOM Technology Solutions by 8.1% during the first quarter. Vanguard Group Inc. now owns 6,194,008 shares of the semiconductor company’s stock worth $592,395,000 after buying an additional 465,759 shares during the period. 76.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MTSI has been the topic of several research analyst reports. Barclays boosted their price objective on MACOM Technology Solutions from $120.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Benchmark upped their price target on shares of MACOM Technology Solutions from $120.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. raised their price objective on shares of MACOM Technology Solutions from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Northland Securities upped their target price on shares of MACOM Technology Solutions from $85.00 to $105.00 and gave the company a “market perform” rating in a report on Monday, November 11th. Finally, Needham & Company LLC raised their price target on MACOM Technology Solutions from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.91.

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.