10,820 Shares in MACOM Technology Solutions Holdings, Inc. $MTSI Purchased by Cibc World Market Inc.

Cibc World Market Inc. bought a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,820 shares of the semiconductor company’s stock, valued at approximately $4,116,000.

Several other institutional investors also recently made changes to their positions in MTSI. Swedbank AB bought a new position in shares of MACOM Technology Solutions during the first quarter worth about $13,059,000. Principal Financial Group Inc. boosted its position in shares of MACOM Technology Solutions by 41.7% during the first quarter. Principal Financial Group Inc. now owns 195,148 shares of the semiconductor company’s stock worth $43,337,000 after buying an additional 57,474 shares during the period. Azzad Asset Management Inc. ADV grew its holdings in MACOM Technology Solutions by 94.4% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 20,113 shares of the semiconductor company’s stock worth $4,466,000 after buying an additional 9,767 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of MACOM Technology Solutions by 2,385.6% in the first quarter. Fifth Third Bancorp now owns 18,468 shares of the semiconductor company’s stock worth $4,101,000 after purchasing an additional 17,725 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of MACOM Technology Solutions by 5,004.6% during the fourth quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock valued at $17,796,000 after purchasing an additional 100,893 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Stock Up 2.4%

NASDAQ MTSI opened at $272.66 on Thursday. The company has a market capitalization of $20.82 billion, a P/E ratio of 87.67, a PEG ratio of 1.53 and a beta of 1.70. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $121.97 and a 12 month high of $418.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. The company’s 50 day simple moving average is $304.19 and its 200 day simple moving average is $293.25.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million for the quarter, compared to analyst estimates of $336.08 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm’s quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.90 earnings per share. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 4.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. BMO Capital Markets assumed coverage on shares of MACOM Technology Solutions in a research report on Friday, August 21st. They set a “market perform” rating and a $335.00 price target on the stock. Weiss Ratings lowered shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Stifel Nicolaus boosted their target price on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their target price on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Truist Financial increased their price target on MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and an average price target of $341.25.

Insider Activity

In related news, CFO John Kober sold 7,389 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the completion of the transaction, the chief financial officer owned 33,583 shares of the company’s stock, valued at approximately $10,950,744.64. This trade represents a 18.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen G. Daly sold 15,828 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the sale, the chief executive officer directly owned 38,389 shares in the company, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,837 shares of company stock worth $9,204,236 over the last 90 days. 0.36% of the stock is owned by company insiders.

MACOM Technology Solutions 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.