Avalon Global Asset Management LLC Trims Stock Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Avalon Global Asset Management LLC trimmed its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 10.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 40,700 shares of the semiconductor company’s stock after selling 5,000 shares during the period. MACOM Technology Solutions makes up 1.1% of Avalon Global Asset Management LLC’s portfolio, making the stock its 27th biggest holding. Avalon Global Asset Management LLC’s holdings in MACOM Technology Solutions were worth $6,971,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of MTSI. Advisors Asset Management Inc. grew its holdings in MACOM Technology Solutions by 49.7% in the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 161 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in MACOM Technology Solutions by 9.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company’s stock worth $15,778,000 after purchasing an additional 13,215 shares during the period. Focus Partners Wealth boosted its holdings in shares of MACOM Technology Solutions by 121.3% in the 1st quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company’s stock valued at $676,000 after purchasing an additional 3,694 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $372,000. Finally, Marshall Wace LLP purchased a new stake in shares of MACOM Technology Solutions during the 2nd quarter valued at $544,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on MTSI shares. Truist Financial increased their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. HC Wainwright restated a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Bank of America lifted their price objective on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Barclays boosted their target price on MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $321.36.

Insider Activity at MACOM Technology Solutions

In other news, Director Peter Y. Chung sold 43,268 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the transaction, the director directly owned 6,781 shares of the company’s stock, valued at approximately $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 SEC, which is available at this hyperlink. Also, SVP Donghyun Thomas Hwang sold 2,595 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $360.64, for a total transaction of $935,860.80. Following the sale, the senior vice president directly owned 32,376 shares of the company’s stock, valued at approximately $11,676,080.64. The trade was a 7.42% 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 three months, insiders have sold 75,476 shares of company stock valued at $27,755,202. 0.36% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Trading Up 1.3%

NASDAQ:MTSI opened at $384.77 on Tuesday. The business’s 50-day moving average is $327.32 and its two-hundred day moving average is $251.36. The firm has a market capitalization of $29.36 billion, a PE ratio of 166.57, a price-to-earnings-growth ratio of 3.12 and a beta of 1.66. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $118.16 and a 12 month high of $418.90. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. The business had revenue of $288.96 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current fiscal year.

MACOM Technology Solutions Company 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.