MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Stock Has Consensus Price Target of $316.25

Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) have earned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $316.25.

Several research firms have recently weighed in on MTSI. 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. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. 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 report on Friday, September 18th. Truist Financial reduced their price objective on MACOM Technology Solutions from $375.00 to $310.00 and set a “buy” rating for the company in a research report on Friday, November 6th. Finally, Raymond James Financial raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price on the stock in a report on Tuesday, October 27th.

MACOM Technology Solutions Stock Performance

Shares of MTSI traded down $13.70 during mid-day trading on Friday, hitting $232.06. 1,439,783 shares of the company traded hands, compared to its average volume of 2,051,579. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.99 and a current ratio of 2.53. The stock has a 50-day moving average price of $268.44 and a two-hundred day moving average price of $283.19. MACOM Technology Solutions has a 1 year low of $150.80 and a 1 year high of $418.90. The stock has a market cap of $17.72 billion, a price-to-earnings ratio of 53.97, a P/E/G ratio of 0.86 and a beta of 1.82.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a net margin of 25.25% and a return on equity of 22.46%. The company had revenue of $424.82 million for the quarter, compared to the consensus estimate of $420.35 million. During the same quarter in the prior year, the firm earned $0.94 earnings per share. The firm’s revenue for the quarter was up 62.6% compared to the same quarter last year. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Equities analysts anticipate that MACOM Technology Solutions will post 7.56 earnings per share for the current year.

Insider Transactions at MACOM Technology Solutions

In other news, CEO Stephen G. Daly sold 59,939 shares of the stock in a transaction that occurred on Wednesday, November 11th. The shares were sold at an average price of $245.12, for a total value of $14,692,247.68. Following the transaction, the chief executive officer owned 39,239 shares in the company, valued at $9,618,263.68. This represents a 60.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 973 shares of the firm’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $212.43, for a total transaction of $206,694.39. Following the completion of the transaction, the chief financial officer directly owned 35,580 shares in the company, valued at approximately $7,558,259.40. The trade was a 2.66% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last quarter, insiders have sold 100,766 shares of company stock valued at $24,321,640. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Flputnam Investment Management Co. raised its holdings in MACOM Technology Solutions by 6.6% in the 3rd quarter. Flputnam Investment Management Co. now owns 1,219 shares of the semiconductor company’s stock worth $347,000 after purchasing an additional 75 shares during the period. Pathstone Holdings LLC lifted its position in MACOM Technology Solutions by 2.0% during the third quarter. Pathstone Holdings LLC now owns 17,746 shares of the semiconductor company’s stock valued at $4,990,000 after purchasing an additional 344 shares in the last quarter. Marshall Wace LLP grew its holdings in MACOM Technology Solutions by 145.5% during the third quarter. Marshall Wace LLP now owns 2,700 shares of the semiconductor company’s stock valued at $769,000 after purchasing an additional 1,600 shares during the period. Headlands Technologies LLC grew its holdings in MACOM Technology Solutions by 4.0% during the third quarter. Headlands Technologies LLC now owns 2,278 shares of the semiconductor company’s stock valued at $649,000 after purchasing an additional 88 shares during the period. Finally, Pinnbrook Capital Management LP grew its holdings in MACOM Technology Solutions by 267.9% during the third quarter. Pinnbrook Capital Management LP now owns 10,300 shares of the semiconductor company’s stock valued at $2,934,000 after purchasing an additional 7,500 shares during the period. 76.14% of the stock is currently owned by institutional investors.

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.