MACOM Technology Solutions (NASDAQ:MTSI) Director Peter Chung Sells 43,268 Shares of Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Peter Chung sold 43,268 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total value of $16,363,957.60. Following the completion of the transaction, the director owned 6,781 shares of the company’s stock, valued at $2,564,574.20. The trade was a 86.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

MACOM Technology Solutions Price Performance

MTSI stock traded down $19.35 during midday trading on Monday, hitting $356.25. The company’s stock had a trading volume of 1,970,647 shares, compared to its average volume of 1,338,771. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $118.16 and a 12 month high of $401.24. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $27.18 billion, a price-to-earnings ratio of 154.22, a price-to-earnings-growth ratio of 3.44 and a beta of 1.60. The company has a 50 day moving average of $263.86 and a two-hundred day moving average of $219.47.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. The firm had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The company’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 EPS. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.3 EPS for the current year.

Institutional Trading of MACOM Technology Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of MTSI. Advisory Services Network LLC purchased a new stake in MACOM Technology Solutions in the third quarter worth $25,000. EverSource Wealth Advisors LLC increased its stake in MACOM Technology Solutions by 75.6% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 93 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in MACOM Technology Solutions in the fourth quarter worth $30,000. GHP Investment Advisors Inc. purchased a new stake in MACOM Technology Solutions in the first quarter worth $31,000. Finally, Smartleaf Asset Management LLC increased its stake in MACOM Technology Solutions by 108.7% in the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Analyst Upgrades and Downgrades

MTSI has been the subject of a number of research reports. Benchmark increased their target price on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Barclays increased their price target on MACOM Technology Solutions from $265.00 to $400.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Bank of America increased their price target on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $316.82.

About MACOM Technology Solutions

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.