TimesSquare Capital Management LLC Invests $99.50 Million in MACOM Technology Solutions Holdings, Inc. $MTSI

TimesSquare Capital Management LLC bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 261,585 shares of the semiconductor company’s stock, valued at approximately $99,499,000. MACOM Technology Solutions comprises about 1.5% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other hedge funds also recently bought and sold shares of MTSI. Advisory Services Network LLC purchased a new stake in MACOM Technology Solutions in the 3rd quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of MACOM Technology Solutions during the fourth quarter valued at approximately $30,000. GHP Investment Advisors Inc. purchased a new position in shares of MACOM Technology Solutions during the first quarter valued at approximately $31,000. Bayforest Capital Ltd bought a new position in shares of MACOM Technology Solutions during the fourth quarter valued at approximately $39,000. Finally, Clearstead Advisors LLC raised its holdings in shares of MACOM Technology Solutions by 156.5% during the fourth quarter. Clearstead Advisors LLC now owns 236 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Wall Street Analysts Forecast Growth

MTSI has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Wednesday, August 5th. Needham & Company LLC upped their price objective 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. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Susquehanna cut their target price on shares of MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Finally, 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 target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $341.82.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 15,828 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the completion of the transaction, the chief executive officer owned 38,389 shares of the company’s stock, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $383.87, for a total transaction of $1,005,739.40. Following the transaction, the senior vice president owned 29,756 shares of the company’s stock, valued at $11,422,435.72. The trade was a 8.09% 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. 0.36% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions Stock Up 3.5%

NASDAQ:MTSI opened at $327.53 on Tuesday. The firm’s 50-day moving average price is $318.11 and its 200-day moving average price is $290.99. The company has a market capitalization of $25.01 billion, a PE ratio of 105.32, a P/E/G ratio of 1.99 and a beta of 1.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $118.28 and a 1-year high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same period last year, the business earned $0.90 EPS. MACOM Technology Solutions’s quarterly 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. On average, equities analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.76 EPS for the current fiscal year.

MACOM Technology Solutions 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.