Insider Selling: MACOM Technology Solutions (NASDAQ:MTSI) CEO Sells 15,828 Shares of Stock

by · The Markets Daily

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI – Get Free Report) CEO Stephen Daly sold 15,828 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

MACOM Technology Solutions Trading Up 8.0%

NASDAQ MTSI traded up $28.44 during mid-day trading on Tuesday, reaching $382.23. 2,031,603 shares of the stock were exchanged, compared to its average volume of 1,567,766. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $118.16 and a 1-year high of $418.90. The business’s fifty day simple moving average is $298.69 and its 200 day simple moving average is $236.61. The stock has a market capitalization of $29.16 billion, a PE ratio of 158.47, a PEG ratio of 2.99 and a beta of 1.66. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52.

MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $288.96 million for the quarter, compared to analyst estimates of $285.20 million. During the same quarter last year, the business earned $0.85 earnings per share. 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. On average, research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of hedge funds have recently made changes to their positions in MTSI. Advisory Services Network LLC purchased a new position in shares of MACOM Technology Solutions in the 3rd quarter valued at $25,000. EverSource Wealth Advisors LLC raised its stake in shares of MACOM Technology Solutions by 75.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 93 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of MACOM Technology Solutions in the 4th quarter valued at $30,000. GHP Investment Advisors Inc. purchased a new position in shares of MACOM Technology Solutions in the 1st quarter valued at $31,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of MACOM Technology Solutions by 108.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 150 shares during the period. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on MTSI shares. Bank of America raised their target price on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Susquehanna increased 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 note on Friday, May 8th. Jefferies Financial Group increased their price target on shares of MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Loop Capital initiated coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $321.36.

Check Out Our Latest Stock Analysis on MTSI

MACOM Technology Solutions Company Profile

(Get Free Report)

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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