M/A-Com Technology Solutions Holdings Inc. (NASDAQ:MTSI) saw unusually-strong trading volume on Wednesday . Approximately 821,463 shares changed hands during trading, an increase of 82% from the previous session’s volume of 452,521 shares.The stock last traded at $38.70 and had previously closed at $37.76.

Several equities research analysts have recently issued reports on MTSI shares. Zacks Investment Research lowered shares of M/A-Com Technology Solutions Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Needham & Company LLC reissued a “buy” rating and set a $49.00 target price on shares of M/A-Com Technology Solutions Holdings in a research note on Wednesday. Jefferies Group reissued a “buy” rating and set a $51.00 target price (up from $50.00) on shares of M/A-Com Technology Solutions Holdings in a research note on Thursday, April 28th. Bank of America Corp. lowered shares of M/A-Com Technology Solutions Holdings from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $47.00 to $38.00 in a research note on Monday, June 27th. Finally, Craig Hallum reissued a “buy” rating on shares of M/A-Com Technology Solutions Holdings in a research note on Sunday, July 17th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $46.75.

The firm has a market capitalization of $2.11 billion and a P/E ratio of 58.08. The company’s 50 day moving average price is $35.06 and its 200-day moving average price is $38.13.

M/A-Com Technology Solutions Holdings (NASDAQ:MTSI) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.51 EPS for the quarter, meeting analysts’ consensus estimates of $0.51. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The business earned $142.30 million during the quarter, compared to analyst estimates of $140.02 million. The company’s revenue for the quarter was up 30.4% compared to the same quarter last year. Analysts expect that M/A-Com Technology Solutions Holdings Inc. will post $1.95 earnings per share for the current year.

In other news, major shareholder John L. Ocampo sold 1,000,000 shares of M/A-Com Technology Solutions Holdings 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 SEC, which is available at this hyperlink. Also, CEO John Croteau sold 2,000 shares of M/A-Com Technology Solutions Holdings stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $36.70, for a total transaction of $73,400.00. Following the completion of the sale, the chief executive officer now directly owns 128,306 shares in the company, valued at approximately $4,708,830.20. The disclosure for this sale can be found here.

Several hedge funds have recently modified their holdings of MTSI. California State Teachers Retirement System increased its stake 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 valued at $1,776,000 after buying an additional 689 shares during the last quarter. New York State Common Retirement Fund increased its stake 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 valued at $2,021,000 after buying an additional 27,220 shares during the last quarter. Dai Ichi Life Insurance CO. LTD. purchased a new stake in shares of M/A-Com Technology Solutions Holdings during the fourth quarter valued at $2,138,000. BlackRock Advisors LLC increased its stake in shares of M/A-Com Technology Solutions Holdings by 1,865.6% in the fourth quarter. BlackRock Advisors LLC now owns 281,617 shares of the company’s stock valued at $11,515,000 after buying an additional 267,290 shares during the last quarter. Finally, Eaton Vance Management increased its stake 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 valued at $12,994,000 after buying an additional 237,389 shares during 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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