MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Stock Has Average Price Target of $341.25 According to Analysts

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $341.25.

A number of analysts have weighed in on MTSI shares. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Benchmark assumed coverage on shares of MACOM Technology Solutions in a research note on Thursday, August 13th. They issued a “buy” rating and a $375.00 target price on the stock. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI opened at $284.82 on Friday. The firm has a market capitalization of $21.75 billion, a PE ratio of 91.58, a price-to-earnings-growth ratio of 1.57 and a beta of 1.71. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a 12-month low of $121.97 and a 12-month high of $418.90. The firm has a 50-day moving average price of $274.03 and a 200 day moving average price of $298.99.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $336.08 million. During the same period in the previous year, the business earned $0.90 earnings per share. The company’s quarterly revenue was up 35.8% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Research analysts anticipate that MACOM Technology Solutions will post 4.26 earnings per share for the current fiscal year.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 7,389 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the sale, the chief financial officer directly owned 33,583 shares of the company’s stock, valued at approximately $10,950,744.64. This represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $275.20, for a total transaction of $69,350.40. Following the sale, the chief operating officer directly owned 12,758 shares in the company, valued at $3,511,001.60. This represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.36% of the stock is owned by insiders.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc boosted its stake in MACOM Technology Solutions by 11.0% in the second quarter. Versant Capital Management Inc now owns 342 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 34 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of MACOM Technology Solutions by 0.4% during the first quarter. Pacer Advisors Inc. now owns 12,035 shares of the semiconductor company’s stock worth $2,673,000 after purchasing an additional 51 shares during the last quarter. Arizona State Retirement System increased its stake in shares of MACOM Technology Solutions by 0.5% in the second quarter. Arizona State Retirement System now owns 18,628 shares of the semiconductor company’s stock valued at $7,086,000 after buying an additional 85 shares in the last quarter. Nilsine Partners LLC increased its stake in shares of MACOM Technology Solutions by 1.8% in the second quarter. Nilsine Partners LLC now owns 5,008 shares of the semiconductor company’s stock valued at $1,905,000 after buying an additional 89 shares in the last quarter. Finally, Meeder Advisory Services Inc. raised its holdings in shares of MACOM Technology Solutions by 4.8% in the first quarter. Meeder Advisory Services Inc. now owns 1,980 shares of the semiconductor company’s stock valued at $440,000 after buying an additional 91 shares during the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc (NASDAQ: MTSI) is a semiconductor company that designs and manufactures high-performance products for telecommunications, data center, industrial, aerospace and defense applications. Its technologies support the generation, transmission, reception and processing of high-frequency signals across radio frequency, microwave, millimeter-wave and optical systems.

The company’s product portfolio includes amplifiers, switches, diodes, mixers, modulators, filters, integrated circuits and other components used in wireless infrastructure, optical networks, satellite communications, radar, electronic warfare and test and measurement equipment.