Swiss National Bank Has $10.40 Million Stock Holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Swiss National Bank trimmed its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 111,850 shares of the semiconductor company’s stock after selling 12,800 shares during the quarter. Swiss National Bank’s holdings in MACOM Technology Solutions were worth $10,396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTSI. RiverPark Advisors LLC bought a new position in MACOM Technology Solutions in the third quarter valued at approximately $58,000. Harvest Fund Management Co. Ltd bought a new position in shares of MACOM Technology Solutions during the 4th quarter worth approximately $69,000. Headlands Technologies LLC acquired a new stake in shares of MACOM Technology Solutions in the third quarter valued at approximately $144,000. International Assets Investment Management LLC bought a new stake in shares of MACOM Technology Solutions in the fourth quarter worth $156,000. Finally, EP Wealth Advisors LLC acquired a new position in MACOM Technology Solutions during the third quarter worth $208,000. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Stock Up 0.5 %

MTSI stock opened at $101.94 on Monday. The business’s fifty day moving average price is $97.57 and its two-hundred day moving average price is $89.33. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 115.84, a PEG ratio of 8.25 and a beta of 1.65. MACOM Technology Solutions Holdings, Inc. has a fifty-two week low of $54.52 and a fifty-two week high of $107.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 7.34 and a quick ratio of 5.70.

Insider Transactions at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 7,000 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $102.65, for a total value of $718,550.00. Following the transaction, the senior vice president now owns 41,325 shares in the company, valued at $4,242,011.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 7,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $102.65, for a total transaction of $718,550.00. Following the sale, the senior vice president now owns 41,325 shares of the company’s stock, valued at $4,242,011.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO John Kober sold 13,666 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $102.98, for a total value of $1,407,324.68. Following the completion of the transaction, the chief financial officer now owns 47,006 shares of the company’s stock, valued at $4,840,677.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 419,395 shares of company stock valued at $38,005,799. Corporate insiders own 22.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on MTSI. TheStreet cut shares of MACOM Technology Solutions from a “b” rating to a “c+” rating in a research report on Thursday, February 1st. Stifel Nicolaus increased their price objective on MACOM Technology Solutions from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Craig Hallum lifted their price target on MACOM Technology Solutions from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 3rd. Needham & Company LLC upped their price objective on MACOM Technology Solutions from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, May 3rd. Finally, Evercore ISI began coverage on shares of MACOM Technology Solutions in a research report on Tuesday, April 16th. They set an “outperform” rating and a $120.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.33.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.