MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) SVP Donghyun Thomas Hwang sold 5,274 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $226.06, for a total value of $1,192,240.44. Following the completion of the sale, the senior vice president directly owned 38,604 shares in the company, valued at approximately $8,726,820.24. The trade was a 12.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Donghyun Thomas Hwang also recently made the following trade(s):
- On Thursday, December 4th, Donghyun Thomas Hwang sold 4,372 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $185.63, for a total value of $811,574.36.
- On Wednesday, November 19th, Donghyun Thomas Hwang sold 3,789 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $161.09, for a total value of $610,370.01.
MACOM Technology Solutions Price Performance
Shares of NASDAQ:MTSI traded down $11.68 on Wednesday, hitting $215.03. The company had a trading volume of 2,486,764 shares, compared to its average volume of 1,597,670. The company has a current ratio of 3.71, a quick ratio of 2.98 and a debt-to-equity ratio of 0.31. The company has a market cap of $16.13 billion, a PE ratio of -265.47, a PEG ratio of 4.26 and a beta of 1.44. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $236.80. The business has a 50 day moving average of $191.07 and a 200 day moving average of $156.48.
Institutional Investors Weigh In On MACOM Technology Solutions
Several large investors have recently made changes to their positions in MTSI. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of MACOM Technology Solutions by 2.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock valued at $479,000 after acquiring an additional 62 shares in the last quarter. Merit Financial Group LLC raised its position in MACOM Technology Solutions by 3.9% in the third quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock valued at $228,000 after purchasing an additional 68 shares during the period. Larson Financial Group LLC lifted its stake in shares of MACOM Technology Solutions by 19.4% during the third quarter. Larson Financial Group LLC now owns 418 shares of the semiconductor company’s stock worth $52,000 after purchasing an additional 68 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of MACOM Technology Solutions by 75.6% during the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 93 shares in the last quarter. Finally, Wedmont Private Capital boosted its position in shares of MACOM Technology Solutions by 5.4% in the third quarter. Wedmont Private Capital now owns 1,925 shares of the semiconductor company’s stock worth $246,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 76.14% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have commented on MTSI. Benchmark lifted their target price on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Zacks Research cut MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Susquehanna started coverage on MACOM Technology Solutions in a research note on Monday, December 15th. They issued a “neutral” rating and a $200.00 target price for the company. Finally, Needham & Company LLC raised their price target on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $196.82.
View Our Latest Stock Report on MACOM Technology Solutions
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.
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