California State Teachers Retirement System Buys 29,745,421 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

California State Teachers Retirement System raised its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 37,467.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,824,812 shares of the semiconductor company’s stock after buying an additional 29,745,421 shares during the period. California State Teachers Retirement System owned about 0.39% of MACOM Technology Solutions worth $11,344,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in MTSI. Whale Rock Capital Management LLC purchased a new position in shares of MACOM Technology Solutions during the fourth quarter worth approximately $134,164,000. Jupiter Topco LLC purchased a new stake in shares of MACOM Technology Solutions in the second quarter valued at approximately $256,612,000. Bank of America Corp DE purchased a new stake in shares of MACOM Technology Solutions in the second quarter valued at approximately $247,732,000. Wellington Management Group LLP grew its stake in MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock worth $122,802,000 after purchasing an additional 634,903 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in MACOM Technology Solutions by 170,782.0% in the fourth quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock worth $97,465,000 after purchasing an additional 568,704 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ:MTSI opened at $274.80 on Wednesday. The company has a market capitalization of $20.99 billion, a price-to-earnings ratio of 88.36, a price-to-earnings-growth ratio of 1.49 and a beta of 1.71. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $121.97 and a 52 week high of $418.90. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $283.42 and a 200 day moving average of $294.94.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The business had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same quarter last year, the firm earned $0.90 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts predict that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In other MACOM Technology Solutions news, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $275.20, for a total value of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares in the company, valued at $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares of the company’s stock, valued at $10,950,744.64. This represents a 18.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,261 shares of company stock worth $3,484,495 in the last three months. 0.36% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MTSI shares. Susquehanna decreased their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating for the company in a research report on Tuesday, July 21st. HC Wainwright reissued a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. Finally, Needham & Company LLC lifted their price objective on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $341.25.

MACOM Technology Solutions 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.