MACOM Technology Solutions (NASDAQ:MTSI) Shares Gap Up After Better-Than-Expected Earnings

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s share price gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $309.81, but opened at $353.87. MACOM Technology Solutions shares last traded at $329.5550, with a volume of 215,957 shares.

The semiconductor company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The firm had revenue of $288.96 million for the quarter, compared to analyst estimates of $285.20 million. During the same quarter in the previous year, the company posted $0.85 EPS. The business’s revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS.

Wall Street Analyst Weigh In

A number of research firms have commented on MTSI. Zacks Research lowered MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 29th. Stifel Nicolaus boosted their price objective on MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings raised MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Benchmark boosted their price objective on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Truist Financial boosted their price objective on MACOM Technology Solutions from $200.00 to $261.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $251.45.

Insider Buying and Selling at MACOM Technology Solutions

In related news, COO Robert Dennehy sold 18,398 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $245.25, for a total value of $4,512,109.50. Following the sale, the chief operating officer owned 12,864 shares in the company, valued at $3,154,896. This represents a 58.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Donghyun Thomas Hwang sold 3,718 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $276.74, for a total value of $1,028,919.32. Following the completion of the sale, the senior vice president directly owned 34,886 shares of the company’s stock, valued at approximately $9,654,351.64. This trade represents a 9.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 651,557 shares of company stock worth $161,175,774. Corporate insiders own 0.36% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in MACOM Technology Solutions in the 3rd quarter worth about $25,000. EverSource Wealth Advisors LLC grew its position in MACOM Technology Solutions by 75.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in MACOM Technology Solutions in the 4th quarter worth about $30,000. GHP Investment Advisors Inc. bought a new stake in MACOM Technology Solutions in the 1st quarter worth about $31,000. Finally, Smartleaf Asset Management LLC grew its position in MACOM Technology Solutions by 108.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares in the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

MACOM Technology Solutions Stock Up 8.6%

The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30. The stock’s 50-day simple moving average is $247.09 and its 200-day simple moving average is $208.24. The firm has a market capitalization of $25.24 billion, a P/E ratio of 157.11, a P/E/G ratio of 5.04 and a beta of 1.60.

MACOM Technology Solutions Company 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.