Harber Asset Management LLC Sells 6,091 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Harber Asset Management LLC cut its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 17.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,190 shares of the semiconductor company’s stock after selling 6,091 shares during the period. MACOM Technology Solutions comprises about 2.0% of Harber Asset Management LLC’s investment portfolio, making the stock its 25th largest position. Harber Asset Management LLC’s holdings in MACOM Technology Solutions were worth $4,828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of MTSI. Wellington Management Group LLP increased its position in shares of MACOM Technology Solutions by 180.6% during the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after purchasing an additional 634,903 shares during the period. Bessemer Group Inc. boosted its stake in MACOM Technology Solutions by 170,782.0% in the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after buying an additional 568,704 shares in the last quarter. Norges Bank acquired a new stake in MACOM Technology Solutions in the 4th quarter valued at $97,397,000. Rafferty Asset Management LLC acquired a new stake in MACOM Technology Solutions in the 3rd quarter valued at $67,486,000. Finally, FengHe Fund Management Pte. Ltd. acquired a new stake in MACOM Technology Solutions in the 4th quarter valued at $90,663,000. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Price Performance

MACOM Technology Solutions stock opened at $379.87 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52. The firm has a market cap of $28.98 billion, a P/E ratio of 164.45, a P/E/G ratio of 3.12 and a beta of 1.66. The business’s fifty day moving average is $324.39 and its two-hundred day moving average is $249.23. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $118.16 and a 52 week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. The company had revenue of $288.96 million for the quarter, compared to analyst estimates of $285.20 million. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.85 earnings per share. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 3.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Needham & Company LLC boosted their price target on MACOM Technology Solutions from $250.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Stifel Nicolaus boosted their price target on MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Zacks Research raised MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a research note on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. boosted their price target on MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, MACOM Technology Solutions has an average rating of “Moderate Buy” and an average price target of $321.36.

Insider Buying and Selling

In other MACOM Technology Solutions news, Director Geoffrey G. Ribar sold 1,623 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $361.84, for a total value of $587,266.32. Following the transaction, the director owned 12,563 shares of the company’s stock, valued at approximately $4,545,795.92. The trade was a 11.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen G. Daly sold 15,828 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $365.75, for a total value of $5,789,091.00. Following the completion of the transaction, the chief executive officer directly owned 38,389 shares in the company, valued at approximately $14,040,776.75. This represents a 29.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 75,476 shares of company stock valued at $27,755,202. Insiders own 0.36% 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.