MACOM Technology Solutions (NASDAQ:MTSI) Director Sells $16,363,957.60 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Peter Chung sold 43,268 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the sale, the director directly owned 6,781 shares of the company’s stock, valued at approximately $2,564,574.20. The trade was a 86.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

MACOM Technology Solutions Stock Up 4.7%

Shares of NASDAQ MTSI opened at $375.71 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84. The company has a market cap of $28.67 billion, a P/E ratio of 162.65, a PEG ratio of 3.23 and a beta of 1.60. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $118.16 and a 1 year high of $401.24. The firm has a 50-day simple moving average of $272.57 and a two-hundred day simple moving average of $223.97.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02. The business had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The firm’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.85 earnings per share. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.35 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have issued reports on MTSI. Jefferies Financial Group raised their price objective on shares of MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Benchmark lifted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Loop Capital began coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 price target for the company. Susquehanna lifted their price target on shares of MACOM Technology Solutions from $300.00 to $350.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $316.82.

Institutional Trading of MACOM Technology Solutions

Several institutional investors and hedge funds have recently modified their holdings of MTSI. E20 Capital Ltd purchased a new position in MACOM Technology Solutions during the first quarter valued at approximately $30,386,000. Janus Henderson Group PLC increased its holdings in MACOM Technology Solutions by 15.5% during the first quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock valued at $174,109,000 after buying an additional 105,032 shares during the period. Amundi increased its holdings in MACOM Technology Solutions by 15.5% during the first quarter. Amundi now owns 187,067 shares of the semiconductor company’s stock valued at $41,542,000 after buying an additional 25,121 shares during the period. California State Teachers Retirement System increased its holdings in MACOM Technology Solutions by 24.5% during the first quarter. California State Teachers Retirement System now owns 79,391 shares of the semiconductor company’s stock valued at $17,630,000 after buying an additional 15,607 shares during the period. Finally, Empowered Funds LLC increased its holdings in MACOM Technology Solutions by 282.5% during the first quarter. Empowered Funds LLC now owns 34,898 shares of the semiconductor company’s stock valued at $7,750,000 after buying an additional 25,775 shares during the period. Institutional investors own 76.14% of the company’s stock.

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.