MACOM Technology Solutions (NASDAQ:MTSI) Shares Gap Up – Time to Buy?

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $345.40, but opened at $369.98. MACOM Technology Solutions shares last traded at $355.9770, with a volume of 169,997 shares changing hands.

Wall Street Analysts Forecast Growth

MTSI has been the topic of a number of recent analyst reports. Loop Capital initiated coverage on shares of MACOM Technology Solutions in a research report on Friday, April 10th. They issued a “buy” rating and a $300.00 price objective on the stock. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. JPMorgan Chase & Co. increased their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $321.36.

MACOM Technology Solutions Stock Performance

The stock has a market cap of $27.37 billion, a price-to-earnings ratio of 155.29, a PEG ratio of 2.97 and a beta of 1.66. The stock’s 50 day moving average is $315.43 and its two-hundred day moving average is $245.39. The company has a current ratio of 7.52, a quick ratio of 5.84 and a debt-to-equity ratio of 0.29.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share 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 during the quarter, compared to analysts’ expectations of $285.20 million. During the same quarter in the prior year, the business earned $0.85 EPS. MACOM Technology Solutions’s quarterly 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. Analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Peter Y. Chung sold 43,268 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $378.20, for a total value of $16,363,957.60. Following the completion of the sale, the director owned 6,781 shares in the company, valued at approximately $2,564,574.20. This trade represents a 86.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles R. Bland sold 800 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $380.00, for a total transaction of $304,000.00. Following the completion of the sale, the director owned 14,338 shares of the company’s stock, valued at $5,448,440. This trade represents a 5.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 75,476 shares of company stock worth $27,755,202. 0.36% of the stock is currently owned by insiders.

Institutional Trading of MACOM Technology Solutions

Several hedge funds have recently made changes to their positions in the company. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of MACOM Technology Solutions by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 14,329 shares of the semiconductor company’s stock worth $2,454,000 after acquiring an additional 53 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of MACOM Technology Solutions by 2.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,799 shares of the semiconductor company’s stock worth $479,000 after acquiring an additional 62 shares during the period. Meeder Advisory Services Inc. lifted its stake in shares of MACOM Technology Solutions by 3.5% in the 4th quarter. Meeder Advisory Services Inc. now owns 1,889 shares of the semiconductor company’s stock worth $324,000 after acquiring an additional 63 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of MACOM Technology Solutions by 2.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,725 shares of the semiconductor company’s stock worth $467,000 after acquiring an additional 63 shares during the period. Finally, Merit Financial Group LLC lifted its stake in shares of MACOM Technology Solutions by 3.9% in the third quarter. Merit Financial Group LLC now owns 1,834 shares of the semiconductor company’s stock valued at $228,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 76.14% of the company’s stock.

About MACOM Technology Solutions

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.