California State Teachers Retirement System Grows Position in MACOM Technology Solutions Holdings, Inc. $MTSI

California State Teachers Retirement System grew its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 37,467.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,824,812 shares of the semiconductor company’s stock after acquiring an additional 29,745,421 shares during the quarter. California State Teachers Retirement System owned 39.05% of MACOM Technology Solutions worth $11,344,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of MTSI. Whale Rock Capital Management LLC purchased a new position in shares of MACOM Technology Solutions in the fourth quarter valued at $134,164,000. Jupiter Topco LLC purchased a new stake in MACOM Technology Solutions during the second quarter valued at $256,612,000. Bank of America Corp DE purchased a new stake in MACOM Technology Solutions during the second quarter valued at $247,732,000. Wellington Management Group LLP lifted its position in MACOM Technology Solutions by 180.6% during the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after purchasing an additional 634,903 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in MACOM Technology Solutions by 170,782.0% during the fourth quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after purchasing an additional 568,704 shares during the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other MACOM Technology Solutions news, CFO John Kober sold 7,389 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $275.20, for a total value of $69,350.40. Following the completion of the sale, the chief operating officer owned 12,758 shares in the company, valued at approximately $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 10,261 shares of company stock valued at $3,484,495 over the last 90 days. Insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

MTSI has been the topic of a number of research reports. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Benchmark started coverage on shares of MACOM Technology Solutions in a report on Thursday, August 13th. They issued a “buy” rating and a $375.00 price target for the company. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Stifel Nicolaus boosted their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, Needham & Company LLC upped their price objective on MACOM Technology Solutions from $400.00 to $410.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $341.25.

MACOM Technology Solutions Trading Up 2.2%

Shares of MTSI opened at $274.80 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $121.97 and a twelve month high of $418.90. The company has a market cap of $20.99 billion, a P/E ratio of 88.36, a P/E/G ratio of 1.49 and a beta of 1.71. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. The company’s fifty day simple moving average is $283.42 and its 200-day simple moving average is $294.94.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to analysts’ expectations of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. As a group, analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.26 EPS for the current year.

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.