Stephens Investment Management Group LLC lessened its stake in shares of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) by 7.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 306,964 shares of the semiconductor company’s stock after selling 26,406 shares during the period. Stephens Investment Management Group LLC’s holdings in MACOM Technology Solutions were worth $9,989,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Amalgamated Bank purchased a new stake in MACOM Technology Solutions during the 2nd quarter valued at $293,000. Voya Investment Management LLC increased its stake in MACOM Technology Solutions by 47.7% in the second quarter. Voya Investment Management LLC now owns 18,793 shares of the semiconductor company’s stock worth $1,048,000 after purchasing an additional 6,069 shares during the period. Cramer Rosenthal Mcglynn LLC increased its stake in MACOM Technology Solutions by 45.6% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 950,052 shares of the semiconductor company’s stock worth $42,382,000 after purchasing an additional 297,456 shares during the period. GW&K Investment Management LLC increased its stake in MACOM Technology Solutions by 4.8% in the fourth quarter. GW&K Investment Management LLC now owns 763,034 shares of the semiconductor company’s stock worth $24,829,000 after purchasing an additional 35,084 shares during the period. Finally, Jennison Associates LLC increased its stake in MACOM Technology Solutions by 3.2% in the third quarter. Jennison Associates LLC now owns 2,140,833 shares of the semiconductor company’s stock worth $95,503,000 after purchasing an additional 65,664 shares during the period. Institutional investors own 84.33% of the company’s stock.

In other news, insider John Croteau sold 2,000 shares of the stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $35.05, for a total transaction of $70,100.00. Following the transaction, the insider now owns 147,219 shares of the company’s stock, valued at approximately $5,160,025.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 4,750 shares of company stock worth $158,518 in the last three months. Corporate insiders own 32.20% of the company’s stock.

MACOM Technology Solutions Holdings Inc (NASDAQ MTSI) opened at $17.85 on Friday. MACOM Technology Solutions Holdings Inc has a 12-month low of $17.84 and a 12-month high of $65.99. The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.64 and a current ratio of 4.81. The stock has a market capitalization of $1,237.23, a price-to-earnings ratio of 18.65, a PEG ratio of 0.84 and a beta of 1.14.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). MACOM Technology Solutions had a positive return on equity of 10.29% and a negative net margin of 28.19%. The firm had revenue of $130.93 million for the quarter, compared to the consensus estimate of $132.91 million. During the same period in the previous year, the company posted $0.57 EPS. MACOM Technology Solutions’s quarterly revenue was down 13.7% compared to the same quarter last year. research analysts forecast that MACOM Technology Solutions Holdings Inc will post 1.04 earnings per share for the current fiscal year.

A number of analysts have weighed in on the company. BidaskClub lowered MACOM Technology Solutions from a “hold” rating to a “sell” rating in a research note on Tuesday, January 30th. Zacks Investment Research lowered MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research note on Thursday. Stifel Nicolaus reduced their target price on MACOM Technology Solutions from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Tuesday. DA Davidson reduced their target price on MACOM Technology Solutions from $43.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Barclays lowered MACOM Technology Solutions from an “overweight” rating to an “equal weight” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $38.00.

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MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

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Institutional Ownership by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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