Bank of America Corp DE Sells 827,766 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Bank of America Corp DE reduced its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 63.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 480,687 shares of the semiconductor company’s stock after selling 827,766 shares during the quarter. Bank of America Corp DE’s holdings in MACOM Technology Solutions were worth $106,746,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Swedbank AB acquired a new stake in shares of MACOM Technology Solutions during the first quarter worth approximately $13,059,000. Principal Financial Group Inc. raised its position in shares of MACOM Technology Solutions by 41.7% in the 1st quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock valued at $43,337,000 after acquiring an additional 57,474 shares during the period. Azzad Asset Management Inc. ADV boosted its stake in MACOM Technology Solutions by 94.4% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock worth $4,466,000 after acquiring an additional 9,767 shares during the last quarter. Fifth Third Bancorp grew its holdings in MACOM Technology Solutions by 2,385.6% during the first quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock valued at $4,101,000 after purchasing an additional 17,725 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in MACOM Technology Solutions by 5,004.6% during the fourth quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock valued at $17,796,000 after purchasing an additional 100,893 shares during the period. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insider Activity at MACOM Technology Solutions

In other news, Director Geoffrey G. Ribar sold 1,623 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $361.84, for a total transaction of $587,266.32. Following the transaction, the director owned 12,563 shares of the company’s stock, valued at approximately $4,545,795.92. The trade was a 11.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO John Kober sold 7,644 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $359.25, for a total value of $2,746,107.00. Following the completion of the sale, the chief financial officer owned 40,972 shares of the company’s stock, valued at $14,719,191. This represents a 15.72% 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 a total of 74,378 shares of company stock worth $27,732,022 in the last quarter. 0.36% of the stock is currently owned by insiders.

MACOM Technology Solutions Trading Up 3.0%

NASDAQ MTSI opened at $310.82 on Friday. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $118.16 and a fifty-two week high of $418.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.84 and a current ratio of 2.34. The stock has a 50 day simple moving average of $325.26 and a two-hundred day simple moving average of $286.80. The stock has a market cap of $23.72 billion, a P/E ratio of 99.94, a price-to-earnings-growth ratio of 2.47 and a beta of 1.70.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The company’s revenue was up 35.8% on a year-over-year basis. During the same period last year, the company earned $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MTSI shares. JPMorgan Chase & Co. lifted their price target on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Truist Financial lifted their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Loop Capital began coverage on MACOM Technology Solutions in a research report on Friday, April 10th. They set a “buy” rating and a $300.00 price objective on the stock. Zacks Research cut shares of MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 24th. Finally, Needham & Company LLC upped their price target on MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $331.36.

Key Headlines Impacting MACOM Technology Solutions

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Fiscal Q3 2026 earnings per share rose to $1.40 from $0.90 a year earlier, beating the $1.34–$1.35 analyst consensus. Revenue increased 35.8% year over year to $342.24 million, also exceeding expectations of approximately $335.5 million. MTSI Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: MACOM issued fiscal Q4 EPS guidance of $1.97–$2.03 and revenue guidance of $415 million–$425 million, far above consensus estimates of $1.49 and $364.1 million, respectively. MTSI Q3 Earnings Call Highlights Data Center Growth Outlook
• Positive Sentiment: Management highlighted accelerating data-center demand, record bookings and greater operating leverage, suggesting that growth may continue beyond the latest quarter. MACOM Reports Fiscal Third Quarter 2026 Financial Results
• Positive Sentiment: Needham raised its price target from $400 to $410 and maintained a Buy rating. Analysts overall maintain a “Moderate Buy” consensus, reinforcing bullish sentiment. MACOM Receives Moderate Buy Consensus
• Neutral Sentiment: At approximately $310.82, MTSI remains well below its 52-week high of $418.90 but trades at a lofty trailing P/E ratio of about 135, leaving the shares sensitive to any slowdown in data-center growth or guidance.

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.