MACOM Technology Solutions (NASDAQ:MTSI) Hits New 12-Month High – Here’s Why

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) shares hit a new 52-week high on Tuesday . The company traded as high as $190.64 and last traded at $189.7380, with a volume of 481789 shares changing hands. The stock had previously closed at $185.54.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Benchmark increased their price objective on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. TD Cowen boosted their price target on MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a report on Friday, November 7th. Needham & Company LLC increased their price objective on MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Barclays boosted their target price on MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $169.44.

MACOM Technology Solutions Trading Up 1.5%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.98 and a current ratio of 3.71. The firm has a fifty day moving average price of $152.44 and a 200 day moving average price of $139.00. The company has a market cap of $14.11 billion, a price-to-earnings ratio of -232.25, a P/E/G ratio of 2.59 and a beta of 1.46.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.01. MACOM Technology Solutions had a negative net margin of 5.60% and a positive return on equity of 14.38%. The company had revenue of $261.17 million for the quarter, compared to analyst estimates of $260.16 million. During the same period in the previous year, the business earned $0.73 EPS. MACOM Technology Solutions’s revenue for the quarter was up 3.6% compared to the same quarter last year. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, equities analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Charles R. Bland sold 4,000 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $165.00, for a total value of $660,000.00. Following the sale, the director owned 15,362 shares in the company, valued at approximately $2,534,730. This represents a 20.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Susan Ocampo sold 76,642 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $190.10, for a total transaction of $14,569,644.20. Following the sale, the insider owned 4,599,390 shares of the company’s stock, valued at approximately $874,344,039. This represents a 1.64% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,858,296 shares of company stock valued at $270,799,928. Insiders own 16.30% of the company’s stock.

Institutional Trading of MACOM Technology Solutions

Several large investors have recently bought and sold shares of MTSI. Allworth Financial LP lifted its holdings in shares of MACOM Technology Solutions by 22.6% in the third quarter. Allworth Financial LP now owns 4,551 shares of the semiconductor company’s stock worth $567,000 after acquiring an additional 840 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in MACOM Technology Solutions by 74.7% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 2,870 shares of the semiconductor company’s stock valued at $357,000 after purchasing an additional 1,227 shares during the last quarter. Polar Asset Management Partners Inc. boosted its position in MACOM Technology Solutions by 14.8% in the third quarter. Polar Asset Management Partners Inc. now owns 286,760 shares of the semiconductor company’s stock valued at $35,699,000 after buying an additional 36,995 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in MACOM Technology Solutions by 3.5% in the third quarter. Coldstream Capital Management Inc. now owns 3,571 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 121 shares during the period. Finally, Danske Bank A S acquired a new position in shares of MACOM Technology Solutions in the third quarter worth approximately $100,000. 76.14% of the stock is owned by institutional investors and hedge funds.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.