MACOM Technology Solutions (NASDAQ:MTSI) Stock: Insider John Kober Sells 1,027 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 1,027 shares of the stock in a transaction on Monday, October 26th. The shares were sold at an average price of $236.60, for a total value of $242,988.20. Following the sale, the chief financial officer owned 34,405 shares in the company, valued at approximately $8,140,223. This represents a 2.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Kober also recently made the following trade(s):

• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Stock Up 2.0%

MTSI stock opened at $260.92 on Thursday. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $144.06 and a 1-year high of $418.90. The business has a fifty day moving average price of $276.87 and a 200-day moving average price of $282.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. The stock has a market capitalization of $19.93 billion, a P/E ratio of 83.90, a P/E/G ratio of 0.78 and a beta of 1.77.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%. The company had revenue of $342.24 million for the quarter, compared to analysts’ expectations of $336.08 million. During the same period last year, the firm posted $0.90 earnings per share. MACOM Technology Solutions’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. Equities analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 4.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MTSI. BMO Capital Markets raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price target on the stock in a report on Friday, September 18th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Benchmark initiated coverage on shares of MACOM Technology Solutions in a research report on Thursday, August 13th. They set a “buy” rating and a $375.00 price objective on the stock. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, Needham & Company LLC raised their target price on shares of MACOM Technology Solutions from $400.00 to $410.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $338.08.

Institutional Trading of MACOM Technology Solutions

A number of hedge funds have recently bought and sold shares of MTSI. Jupiter Topco LLC purchased a new stake in MACOM Technology Solutions in the 2nd quarter worth $256,612,000. Bank of America Corp DE bought a new stake in MACOM Technology Solutions during the second quarter valued at about $247,732,000. Bank of New York Mellon Corp purchased a new position in shares of MACOM Technology Solutions in the second quarter valued at about $204,593,000. Deutsche Bank AG purchased a new position in shares of MACOM Technology Solutions in the second quarter valued at about $137,970,000. Finally, TimesSquare Capital Management LLC bought a new position in shares of MACOM Technology Solutions in the second quarter worth about $99,499,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.