MACOM Technology Solutions (NASDAQ:MTSI) Trading Down 7.9% – Should You Sell?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) dropped 7.9% during trading on Wednesday . The stock traded as low as $350.32 and last traded at $350.4950. 641,759 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 1,440,955 shares. The stock had previously closed at $380.37.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on MTSI shares. Stifel Nicolaus increased their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Susquehanna upped their price target on shares of MACOM Technology Solutions from $300.00 to $350.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Barclays boosted their price objective on MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. Finally, Bank of America increased their target price on MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, MACOM Technology Solutions currently has an average rating of “Moderate Buy” and an average target price of $335.00.

MACOM Technology Solutions Trading Down 8.0%

The stock has a market capitalization of $26.69 billion, a PE ratio of 151.14, a P/E/G ratio of 3.06 and a beta of 1.66. The company’s 50 day moving average price is $355.00 and its two-hundred day moving average price is $266.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company had revenue of $288.95 million during the quarter, compared to analysts’ expectations of $285.20 million. During the same quarter in the prior year, the company earned $0.85 EPS. MACOM Technology Solutions’s revenue was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, analysts expect that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Charles R. Bland sold 800 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $380.00, for a total value of $304,000.00. Following the completion of the sale, the director owned 14,338 shares of the company’s stock, valued at approximately $5,448,440. This represents a 5.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Stephen G. Daly sold 15,828 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the sale, the chief executive officer owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. The trade was a 29.19% 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 sold 78,096 shares of company stock worth $28,760,941 over the last quarter. Corporate insiders own 0.36% of the company’s stock.

Institutional Trading of MACOM Technology Solutions

Hedge funds have recently made changes to their positions in the company. Whale Rock Capital Management LLC purchased a new stake in shares of MACOM Technology Solutions during the 4th quarter valued at approximately $134,164,000. Wellington Management Group LLP grew its position in MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock worth $122,802,000 after acquiring an additional 634,903 shares during the period. Bessemer Group Inc. increased its stake 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 worth $97,465,000 after acquiring an additional 568,704 shares during the last quarter. Norges Bank purchased a new stake in MACOM Technology Solutions in the fourth quarter valued at $97,397,000. Finally, FengHe Fund Management Pte. Ltd. purchased a new stake in MACOM Technology Solutions in the fourth quarter valued at $90,663,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

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.