Fifth Third Bancorp Boosts Stake in MACOM Technology Solutions Holdings, Inc. $MTSI

Fifth Third Bancorp lifted its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 17.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 757 shares of the semiconductor company’s stock after acquiring an additional 115 shares during the quarter. Fifth Third Bancorp’s holdings in MACOM Technology Solutions were worth $108,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Covea Finance boosted its stake in shares of MACOM Technology Solutions by 11.9% during the 2nd quarter. Covea Finance now owns 29,100 shares of the semiconductor company’s stock worth $4,170,000 after acquiring an additional 3,100 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth about $414,000. GAMMA Investing LLC boosted its stake in shares of MACOM Technology Solutions by 41.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,060 shares of the semiconductor company’s stock worth $295,000 after acquiring an additional 605 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of MACOM Technology Solutions by 38.8% during the 2nd quarter. Park Avenue Securities LLC now owns 5,586 shares of the semiconductor company’s stock worth $800,000 after acquiring an additional 1,561 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its stake in shares of MACOM Technology Solutions by 3.9% during the 2nd quarter. Sowell Financial Services LLC now owns 2,135 shares of the semiconductor company’s stock worth $306,000 after acquiring an additional 80 shares in the last quarter. 76.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MTSI has been the topic of a number of research reports. TD Cowen initiated coverage on shares of MACOM Technology Solutions in a research note on Wednesday. They issued a “buy” rating and a $150.00 price target on the stock. Truist Financial raised their price target on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Bank of America raised their price target on shares of MACOM Technology Solutions from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Tuesday, June 24th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $146.56.

MACOM Technology Solutions Trading Up 1.7%

MTSI opened at $126.56 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.83 and a quick ratio of 3.10. The company’s 50 day simple moving average is $129.68 and its two-hundred day simple moving average is $122.82. MACOM Technology Solutions Holdings, Inc. has a 1-year low of $84.00 and a 1-year high of $152.50. The firm has a market capitalization of $9.42 billion, a price-to-earnings ratio of -125.31, a price-to-earnings-growth ratio of 2.36 and a beta of 1.48.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, August 7th. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. The business had revenue of $252.08 million for the quarter, compared to analyst estimates of $249.89 million. During the same period last year, the company posted $0.66 EPS. The business’s revenue was up 32.3% on a year-over-year basis. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Susan Ocampo sold 150,424 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the completion of the sale, the insider owned 3,584,621 shares in the company, valued at $474,711,359.03. This trade represents a 4.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Donghyun Thomas Hwang sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $137.40, for a total transaction of $687,000.00. Following the sale, the senior vice president owned 30,779 shares of the company’s stock, valued at $4,229,034.60. This represents a 13.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 753,235 shares of company stock worth $99,772,780 over the last three months. Corporate insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Profile

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.