Texas Permanent School Fund Corp Lowers Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Texas Permanent School Fund Corp lessened its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 16.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,385 shares of the semiconductor company’s stock after selling 3,712 shares during the period. Texas Permanent School Fund Corp’s holdings in MACOM Technology Solutions were worth $2,634,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of MTSI. Invesco Ltd. grew its holdings in MACOM Technology Solutions by 3.2% in the second quarter. Invesco Ltd. now owns 3,464,854 shares of the semiconductor company’s stock valued at $496,479,000 after purchasing an additional 106,004 shares during the period. Alliancebernstein L.P. grew its stake in MACOM Technology Solutions by 2.4% in the 1st quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company’s stock valued at $147,436,000 after acquiring an additional 34,214 shares during the period. Geode Capital Management LLC increased its holdings in MACOM Technology Solutions by 2.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,152,581 shares of the semiconductor company’s stock worth $165,177,000 after acquiring an additional 28,257 shares in the last quarter. Norges Bank purchased a new stake in MACOM Technology Solutions in the 2nd quarter worth $113,936,000. Finally, The Manufacturers Life Insurance Company raised its position in MACOM Technology Solutions by 8.4% during the second quarter. The Manufacturers Life Insurance Company now owns 669,232 shares of the semiconductor company’s stock worth $95,894,000 after acquiring an additional 52,058 shares during the period. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, October 8th. Barclays lifted their price objective on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Benchmark raised their target price on MACOM Technology Solutions from $160.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, TD Cowen boosted their price target on MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $174.50.

MACOM Technology Solutions Trading Up 1.7%

MTSI opened at $174.42 on Friday. The firm has a market capitalization of $13.07 billion, a price-to-earnings ratio of -215.33, a price-to-earnings-growth ratio of 3.25 and a beta of 1.47. The company’s 50 day simple moving average is $161.48 and its two-hundred day simple moving average is $142.38. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $190.95. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.71 and a quick ratio of 2.98.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.38% and a negative net margin of 5.60%.The firm had revenue of $261.17 million during the quarter, compared to analysts’ expectations of $260.16 million. During the same quarter last year, the firm earned $0.73 earnings per share. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Ambra R. Roth sold 17,268 shares of MACOM Technology Solutions stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $160.91, for a total transaction of $2,778,593.88. Following the transaction, the senior vice president owned 9,837 shares in the company, valued at $1,582,871.67. The trade was a 63.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Susan Ocampo sold 121,067 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $190.07, for a total transaction of $23,011,204.69. Following the transaction, the insider directly owned 4,478,323 shares in the company, valued at approximately $851,194,852.61. The trade was a 2.63% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,395,384 shares of company stock worth $216,284,885. 16.30% of the stock is currently owned by company insiders.

MACOM Technology Solutions Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.