29,318 MACOM Technology Solutions Holdings, Inc. $MTSI Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. lifted its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 757.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,191 shares of the semiconductor company’s stock after acquiring an additional 29,318 shares during the quarter. Vontobel Holding Ltd.’s holdings in MACOM Technology Solutions were worth $9,453,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MTSI. Jupiter Topco LLC bought a new position in MACOM Technology Solutions in the second quarter worth about $256,612,000. Bank of America Corp DE acquired a new position in MACOM Technology Solutions in the second quarter valued at approximately $247,732,000. Bank of New York Mellon Corp bought a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $204,593,000. Deutsche Bank AG bought a new position in shares of MACOM Technology Solutions during the second quarter valued at approximately $137,970,000. Finally, TimesSquare Capital Management LLC acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth approximately $99,499,000. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Trading Down 3.4%

Shares of NASDAQ:MTSI opened at $262.24 on Friday. 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 company’s 50-day moving average price is $284.73 and its 200 day moving average price is $305.56. The company has a market cap of $20.03 billion, a PE ratio of 84.32, a P/E/G ratio of 0.87 and a beta of 1.77. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $133.35 and a fifty-two week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same period in the previous year, the business posted $0.90 EPS. MACOM Technology Solutions’s revenue 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. Sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.

Insider Activity

In other news, CFO John Kober sold 7,389 shares of the business’s stock in a transaction that occurred on 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 directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $3,511,001.60. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 8,294 shares of company stock valued at $2,674,656. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Stifel Nicolaus raised their price target on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Benchmark began coverage on MACOM Technology Solutions in a research report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective for the company. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, Susquehanna dropped their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, MACOM Technology Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $341.25.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc (NASDAQ: MTSI) is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.

The company’s product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.