MACOM Technology Solutions (NASDAQ:MTSI) CFO Sells $206,694.39 in Stock

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) CFO John Kober sold 973 shares of the firm’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $212.43, for a total value of $206,694.39. Following the completion of the sale, the chief financial officer directly owned 35,580 shares of the company’s stock, valued at approximately $7,558,259.40. This trade represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

John Kober also recently made the following trade(s):

• On Friday, November 6th, John Kober sold 21,036 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $206.91, for a total value of $4,352,558.76.
• On Monday, October 26th, John Kober sold 1,027 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $236.60, for a total value of $242,988.20.
• On Monday, August 17th, John Kober sold 7,389 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $326.08, for a total value of $2,409,405.12.

MACOM Technology Solutions Stock Up 9.0%

MACOM Technology Solutions stock traded up $19.02 during mid-day trading on Monday, hitting $230.00. The company’s stock had a trading volume of 3,600,341 shares, compared to its average volume of 1,786,318. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $150.80 and a 52-week high of $418.90. The company has a market cap of $17.57 billion, a PE ratio of 53.49, a price-to-earnings-growth ratio of 0.76 and a beta of 1.82. 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 firm’s 50 day moving average is $270.22 and its 200 day moving average is $282.83.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.09. The company had revenue of $424.82 million for the quarter, compared to analysts’ expectations of $420.35 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%. The business’s revenue for the quarter was up 62.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.94 EPS. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. On average, analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 7.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MTSI. Weiss Ratings downgraded shares of MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Stifel Nicolaus set a $360.00 target price on shares of MACOM Technology Solutions in a research report on Thursday. Susquehanna lowered their price target on shares of MACOM Technology Solutions from $300.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday. JPMorgan Chase & Co. lowered their price target on shares of MACOM Technology Solutions from $345.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Needham & Company LLC cut their price objective on MACOM Technology Solutions from $410.00 to $300.00 and set a “buy” rating for the company in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $316.25.

Institutional Investors Weigh In On MACOM Technology Solutions

Several large investors have recently made changes to their positions in MTSI. Burkett Financial Services LLC acquired a new position in MACOM Technology Solutions in the third quarter worth approximately $38,000. Mather Group LLC. raised its position in MACOM Technology Solutions by 41.0% during the third quarter. Mather Group LLC. now owns 141 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 41 shares in the last quarter. Bell Investment Advisors Inc acquired a new stake in MACOM Technology Solutions in the second quarter valued at approximately $49,000. Jacobi Capital Management LLC acquired a new stake in MACOM Technology Solutions in the third quarter valued at approximately $51,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in MACOM Technology Solutions in the second quarter worth approximately $58,000. Institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.

The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.

Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.