Comerica Bank Sells 140,372 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Comerica Bank trimmed its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 88.0% in the 4th quarter, HoldingsChannel reports. The firm owned 19,059 shares of the semiconductor company’s stock after selling 140,372 shares during the period. Comerica Bank’s holdings in MACOM Technology Solutions were worth $3,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in shares of MACOM Technology Solutions in the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC increased 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 worth $27,000 after purchasing an additional 93 shares in the last quarter. Smartleaf Asset Management LLC increased 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 worth $36,000 after purchasing an additional 150 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of MACOM Technology Solutions in the 4th quarter worth $39,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of MACOM Technology Solutions by 282.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 240 shares in the last quarter. 76.14% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other MACOM Technology Solutions news, COO Robert Dennehy sold 18,398 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $245.25, for a total value of $4,512,109.50. Following the completion of the sale, the chief operating officer owned 12,864 shares in the company, valued at approximately $3,154,896. This represents a 58.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Susan Ocampo sold 261,763 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $254.43, for a total value of $66,600,360.09. Following the completion of the sale, the insider owned 3,759,895 shares of the company’s stock, valued at $956,630,084.85. The trade was a 6.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 747,839 shares of company stock worth $183,175,854 in the last three months. 0.36% of the stock is owned by company insiders.

Analyst Ratings Changes

MTSI has been the subject of several analyst reports. Jefferies Financial Group upped their price objective on MACOM Technology Solutions from $185.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. upped their price objective on MACOM Technology Solutions from $165.00 to $240.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Stifel Nicolaus upped their price objective on MACOM Technology Solutions from $255.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Zacks Research lowered MACOM Technology Solutions from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Bank of America increased their price target on MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $251.45.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $284.18 on Monday. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $108.21 and a 52-week high of $294.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.18 and a current ratio of 3.96. The firm has a market capitalization of $21.32 billion, a PE ratio of 133.42, a PEG ratio of 4.72 and a beta of 1.60. The stock has a fifty day simple moving average of $244.61 and a two-hundred day simple moving average of $205.85.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.03. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The business had revenue of $271.61 million during the quarter, compared to analyst estimates of $269.02 million. During the same quarter in the prior year, the business posted $0.79 EPS. MACOM Technology Solutions’s revenue for the quarter was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. On average, analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.2 EPS for the current fiscal year.

MACOM Technology Solutions Company 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.