Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) SVP Sells $2,152,495.05 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) SVP Ambra Roth sold 9,497 shares of the stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $226.65, for a total transaction of $2,152,495.05. Following the completion of the transaction, the senior vice president owned 15,666 shares of the company’s stock, valued at $3,550,698.90. This trade represents a 37.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

MACOM Technology Solutions Price Performance

NASDAQ MTSI opened at $249.86 on Thursday. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $150.80 and a 12 month high of $418.90. The firm has a market capitalization of $19.08 billion, a PE ratio of 58.11, a P/E/G ratio of 0.78 and a beta of 1.82. The company’s 50 day simple moving average is $269.23 and its 200 day simple moving average is $282.99. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.53 and a quick ratio of 1.99.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a return on equity of 22.46% and a net margin of 25.25%. The firm had revenue of $424.82 million during the quarter, compared to analyst estimates of $420.35 million. During the same period last year, the company posted $0.94 EPS. The firm’s quarterly revenue was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. As a group, equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 7.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on MTSI. Stifel Nicolaus set a $360.00 target price on shares of MACOM Technology Solutions in a research note on Thursday, November 5th. Susquehanna lowered their price target on MACOM Technology Solutions from $300.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday, November 5th. Truist Financial dropped their price objective on shares of MACOM Technology Solutions from $375.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday, November 6th. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Finally, BMO Capital Markets raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price objective for the company in a research report on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $316.25.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MTSI. Advisors Asset Management Inc. bought a new position in shares of MACOM Technology Solutions during the 3rd quarter worth approximately $3,207,000. USS Investment Management Ltd raised its stake in shares of MACOM Technology Solutions by 5.9% in the third quarter. USS Investment Management Ltd now owns 35,516 shares of the semiconductor company’s stock valued at $10,112,000 after acquiring an additional 1,984 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of MACOM Technology Solutions by 123.3% in the 3rd quarter. Private Advisor Group LLC now owns 1,755 shares of the semiconductor company’s stock worth $500,000 after acquiring an additional 969 shares in the last quarter. Stephens Investment Management Group LLC boosted its holdings in shares of MACOM Technology Solutions by 15.0% in the 3rd quarter. Stephens Investment Management Group LLC now owns 363,752 shares of the semiconductor company’s stock worth $103,604,000 after acquiring an additional 47,344 shares in the last quarter. Finally, South Dakota Investment Council grew its position in MACOM Technology Solutions by 3.5% during the 3rd quarter. South Dakota Investment Council now owns 4,400 shares of the semiconductor company’s stock worth $1,253,000 after acquiring an additional 150 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

About MACOM Technology Solutions

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems. The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.