M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI)’s share price traded up 2.3% during mid-day trading on Monday . The stock traded as high as $37.27 and last traded at $37.25, with a volume of 401,226 shares trading hands. The stock had previously closed at $36.40.

Several equities analysts recently issued reports on the company. Craig Hallum reaffirmed a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research report on Sunday, July 17th. Jefferies Group reaffirmed a “buy” rating and issued a $51.00 price objective on shares of M/A-Com Technology Solutions Holdings in a research report on Friday, May 13th. Zacks Investment Research raised M/A-Com Technology Solutions Holdings from a “hold” rating to a “strong-buy” rating and set a $47.00 price objective on the stock in a research report on Saturday, April 30th. Needham & Company LLC reiterated a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research note on Wednesday, April 27th. Finally, Bank of America Corp. lowered shares of M/A-Com Technology Solutions Holdings from a “buy” rating to a “neutral” rating and decreased their target price for the company from $47.00 to $38.00 in a research note on Monday, June 27th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $46.48.

The company has a market capitalization of $1.99 billion and a PE ratio of 54.70. The company has a 50 day moving average of $34.97 and a 200-day moving average of $38.10.

M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) last released its earnings results on Tuesday, April 26th. The company reported $0.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.02. During the same quarter last year, the business posted $0.41 EPS. The firm earned $133.60 million during the quarter, compared to analyst estimates of $130.55 million. The firm’s revenue was up 30.5% on a year-over-year basis. Equities research analysts anticipate that M/A-Com Technology Solutions Holdings Inc. will post $1.95 earnings per share for the current fiscal year.

In other news, major shareholder John L. Ocampo sold 1,000,000 shares of the stock in a transaction dated Thursday, April 28th. The shares were sold at an average price of $41.25, for a total value of $41,250,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Walter Gregory Baker sold 6,149 shares of the stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $36.65, for a total transaction of $225,360.85. Following the completion of the transaction, the senior vice president now owns 20,891 shares of the company’s stock, valued at approximately $765,655.15. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in MTSI. California State Teachers Retirement System increased its position in shares of M/A-Com Technology Solutions Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 43,432 shares of the company’s stock worth $1,776,000 after buying an additional 689 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of M/A-Com Technology Solutions Holdings by 122.6% in the fourth quarter. New York State Common Retirement Fund now owns 49,420 shares of the company’s stock worth $2,021,000 after buying an additional 27,220 shares in the last quarter. Dai Ichi Life Insurance CO. LTD. bought a new position in shares of M/A-Com Technology Solutions Holdings during the fourth quarter worth about $2,138,000. Eaton Vance Management increased its position in shares of M/A-Com Technology Solutions Holdings by 295.3% in the fourth quarter. Eaton Vance Management now owns 317,775 shares of the company’s stock worth $12,994,000 after buying an additional 237,389 shares in the last quarter. Finally, Century Capital Management LLC increased its position in shares of M/A-Com Technology Solutions Holdings by 19.9% in the fourth quarter. Century Capital Management LLC now owns 842,103 shares of the company’s stock worth $34,434,000 after buying an additional 139,928 shares in the last quarter.

M/A-COM Technology Solutions Holdings, Inc is a provider of analog semiconductor solutions for the use in wireless and wireline applications across the radio frequency (RF) microwave and millimeter wave spectrum. The Company operates in semiconductors and modules segment. The Company’s semiconductor products are electronic components, which include point-to-point wireless backhaul radios, antenna arrays, radar, magnetic resonance imaging systems (MRI) and unmanned aerial vehicles (UAVs).

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