Tidal Investments LLC Acquires 2,803 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Tidal Investments LLC raised its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 21.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 15,986 shares of the semiconductor company’s stock after acquiring an additional 2,803 shares during the quarter. Tidal Investments LLC’s holdings in MACOM Technology Solutions were worth $6,081,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MTSI. Versant Capital Management Inc lifted its holdings in shares of MACOM Technology Solutions by 11.0% during the second quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 34 shares in the last quarter. Pacer Advisors Inc. lifted its stake in MACOM Technology Solutions by 0.4% during the 1st quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock valued at $2,673,000 after acquiring an additional 51 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its stake in MACOM Technology Solutions by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock valued at $2,454,000 after acquiring an additional 53 shares during the period. Meeder Advisory Services Inc. boosted its holdings in shares of MACOM Technology Solutions by 3.5% during the 4th quarter. Meeder Advisory Services Inc. now owns 1,889 shares of the semiconductor company’s stock valued at $324,000 after acquiring an additional 63 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of MACOM Technology Solutions by 2.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock valued at $467,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Susquehanna dropped their target price on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Weiss Ratings cut shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Finally, Stifel Nicolaus boosted their target price on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $341.25.

MACOM Technology Solutions Price Performance

Shares of MTSI stock opened at $274.90 on Monday. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The stock has a market cap of $20.99 billion, a P/E ratio of 88.39, a P/E/G ratio of 1.52 and a beta of 1.71. The company has a 50 day simple moving average of $280.19 and a two-hundred day simple moving average of $295.66.

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

Insider Buying and Selling

In related news, CFO John Kober sold 7,389 shares of MACOM Technology Solutions stock in a transaction 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 transaction, the chief financial officer directly owned 33,583 shares in the company, valued at approximately $10,950,744.64. The trade was a 18.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $275.20, for a total value of $69,350.40. Following the sale, the chief operating officer directly owned 12,758 shares of the company’s stock, valued at $3,511,001.60. This represents a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 10,261 shares of company stock valued at $3,484,495. 0.36% of the stock is owned by company insiders.

MACOM Technology Solutions Profile

MACOM Technology Solutions Holdings, Inc (NASDAQ:MTSI) develops and manufactures high-performance semiconductor products for communications, aerospace and defense, industrial, and test and measurement applications. The company’s technologies are designed to support the transmission, processing, and control of high-frequency signals across a range of electronic systems.

Its product portfolio includes radio-frequency, microwave, and millimeter-wave components; analog and mixed-signal devices; compound semiconductor products; and optical components used in communications infrastructure and data-center networks.