MACOM Technology Solutions Holdings, Inc. $MTSI Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 6.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 533,257 shares of the semiconductor company’s stock after selling 35,780 shares during the quarter. Bessemer Group Inc.’s holdings in MACOM Technology Solutions were worth $118,420,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MTSI. Whale Rock Capital Management LLC purchased a new position in shares of MACOM Technology Solutions in the fourth quarter worth about $134,164,000. Wellington Management Group LLP grew its stake in MACOM Technology Solutions by 180.6% during the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after acquiring an additional 634,903 shares in the last quarter. Norges Bank purchased a new stake in MACOM Technology Solutions during the 4th quarter valued at about $97,397,000. FengHe Fund Management Pte. Ltd. acquired a new stake in MACOM Technology Solutions in the 4th quarter valued at about $90,663,000. Finally, Raymond James Financial Inc. raised its holdings in MACOM Technology Solutions by 122.1% in the 4th quarter. Raymond James Financial Inc. now owns 602,450 shares of the semiconductor company’s stock valued at $104,440,000 after acquiring an additional 331,206 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Peter Y. Chung sold 43,268 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the completion of the sale, the director directly owned 6,781 shares of the company’s stock, valued at approximately $2,564,574.20. This trade represents a 86.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Donghyun Thomas Hwang sold 3,718 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the completion of the sale, the senior vice president owned 34,886 shares in the company, valued at approximately $9,654,351.64. This trade represents a 9.63% 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. Over the last quarter, insiders have sold 78,096 shares of company stock worth $28,760,941. Corporate insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on MTSI shares. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Barclays upped their price target on MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. HC Wainwright reiterated a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Needham & Company LLC boosted their price objective on MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $335.00.

MACOM Technology Solutions Stock Down 3.0%

MTSI stock opened at $267.36 on Friday. The firm has a market cap of $20.40 billion, a PE ratio of 115.74, a PEG ratio of 2.26 and a beta of 1.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52. The firm’s 50 day moving average price is $358.21 and its 200-day moving average price is $278.10. MACOM Technology Solutions Holdings, Inc. has a one year low of $118.16 and a one year high of $418.90.

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

About MACOM Technology Solutions

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.