MACOM Technology Solutions Holdings, Inc. $MTSI Stock: Vontobel Holding Ltd. Increases Position

Vontobel Holding Ltd. boosted its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 757.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,191 shares of the semiconductor company’s stock after acquiring an additional 29,318 shares during the quarter. Vontobel Holding Ltd.’s holdings in MACOM Technology Solutions were worth $9,453,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc raised its stake 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 during the period. Mather Group LLC. lifted its position in shares of MACOM Technology Solutions by 41.0% during the third quarter. Mather Group LLC. now owns 141 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 41 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of MACOM Technology Solutions by 1.9% in the third quarter. Wedmont Private Capital now owns 2,614 shares of the semiconductor company’s stock valued at $745,000 after purchasing an additional 48 shares during the period. Pacer Advisors Inc. boosted its stake in shares of MACOM Technology Solutions by 0.4% in the first quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock valued at $2,673,000 after purchasing an additional 51 shares during the period. Finally, Arizona State Retirement System grew its holdings in MACOM Technology Solutions by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 18,628 shares of the semiconductor company’s stock valued at $7,086,000 after purchasing an additional 85 shares in the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Performance

Shares of MTSI opened at $262.24 on Friday. The business’s 50 day moving average is $284.73 and its two-hundred day moving average is $305.56. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $133.35 and a 52-week high of $418.90. The firm has a market cap of $20.03 billion, a price-to-earnings ratio of 84.32, a PEG ratio of 0.87 and a beta of 1.77. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04.

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

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 7,389 shares of the stock in a transaction on Monday, August 17th. The shares were 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 $10,950,744.64. This represents a 18.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $275.20, for a total transaction of $69,350.40. Following the transaction, the chief operating officer directly owned 12,758 shares of the company’s stock, valued at approximately $3,511,001.60. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,294 shares of company stock valued at $2,674,656 over the last ninety days. Corporate insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on MTSI. Needham & Company LLC lifted their price target on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Susquehanna cut their price objective 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. Benchmark assumed coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They issued a “buy” rating and a $375.00 price objective for the company. Zacks Research upgraded MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Finally, Weiss Ratings downgraded MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $341.25.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc (NASDAQ: MTSI) is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.

The company’s product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.