MACOM Technology Solutions (NASDAQ:MTSI) CFO John Kober Sells 1,027 Shares of Company Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 1,027 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $236.60, for a total transaction of $242,988.20. Following the completion of the sale, the chief financial officer owned 34,405 shares of the company’s stock, valued at approximately $8,140,223. This trade represents a 2.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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.

John Kober also recently made the following trade(s):

• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Stock Up 5.0%

Shares of MTSI stock opened at $255.68 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $144.06 and a 12-month high of $418.90. The business’s fifty day simple moving average is $277.51 and its 200-day simple moving average is $281.76.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. The business 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 earned $0.90 EPS. The firm’s revenue for the quarter was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current year.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of institutional investors have recently modified their holdings of MTSI. North Dakota State Investment Board boosted its position in MACOM Technology Solutions by 4.6% in the 3rd quarter. North Dakota State Investment Board now owns 2,061 shares of the semiconductor company’s stock worth $587,000 after purchasing an additional 90 shares in the last quarter. MBL Wealth LLC grew its stake in shares of MACOM Technology Solutions by 207.1% during the 3rd quarter. MBL Wealth LLC now owns 2,690 shares of the semiconductor company’s stock worth $766,000 after purchasing an additional 1,814 shares during the period. SBI Securities Co. Ltd. increased its holdings in shares of MACOM Technology Solutions by 14.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 394 shares of the semiconductor company’s stock valued at $112,000 after purchasing an additional 50 shares in the last quarter. Kopp Family Office LLC purchased a new position in shares of MACOM Technology Solutions during the 3rd quarter valued at approximately $709,000. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of MACOM Technology Solutions by 16.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,103 shares of the semiconductor company’s stock valued at $1,453,000 after purchasing an additional 726 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on MTSI shares. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Needham & Company LLC increased their price objective on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Finally, BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price for the company in a research note on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $338.08.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.