MACOM Technology Solutions (NASDAQ:MTSI) Coverage Initiated by Analysts at TD Cowen

TD Cowen initiated coverage on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research report report published on Wednesday, MarketBeat reports. The firm issued a buy rating and a $150.00 target price on the semiconductor company’s stock.

MTSI has been the subject of several other research reports. Truist Financial increased their price objective on shares of MACOM Technology Solutions from $136.00 to $154.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Stifel Nicolaus increased their price objective on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, July 18th. 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. 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, Bank of America increased their target price 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. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.56.

MACOM Technology Solutions Price Performance

MTSI stock opened at $126.56 on Wednesday. MACOM Technology Solutions has a 52 week low of $84.00 and a 52 week high of $152.50. The company has a quick ratio of 3.10, a current ratio of 3.83 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $129.68 and a two-hundred day simple moving average of $122.82. The firm has a market capitalization of $9.42 billion, a P/E 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 quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $249.89 million. During the same quarter last year, the business earned $0.66 earnings per share. MACOM Technology Solutions’s quarterly revenue was up 32.3% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Analysts anticipate that MACOM Technology Solutions will post 2.43 earnings per share for the current fiscal year.

Insider Activity

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 5,000 shares of the stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $137.40, for a total transaction of $687,000.00. Following the transaction, the senior vice president directly owned 30,779 shares in the company, valued at $4,229,034.60. This represents a 13.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Susan Ocampo sold 150,424 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $132.43, for a total transaction of $19,920,650.32. Following the transaction, the insider owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. The trade was a 4.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 753,235 shares of company stock worth $99,772,780 in the last ninety days. 16.30% of the stock is currently owned by insiders.

Institutional Trading of MACOM Technology Solutions

A number of institutional investors have recently modified their holdings of the company. Versant Capital Management Inc boosted its stake in MACOM Technology Solutions by 9,400.0% in the 1st quarter. Versant Capital Management Inc now owns 285 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 282 shares in the last quarter. GAMMA Investing LLC boosted its stake in MACOM Technology Solutions by 12,383.2% in the 1st quarter. GAMMA Investing LLC now owns 146,053 shares of the semiconductor company’s stock worth $14,661,000 after purchasing an additional 144,883 shares in the last quarter. Rhumbline Advisers boosted its stake in MACOM Technology Solutions by 4.4% in the 1st quarter. Rhumbline Advisers now owns 156,073 shares of the semiconductor company’s stock worth $15,667,000 after purchasing an additional 6,536 shares in the last quarter. Wedmont Private Capital acquired a new stake in MACOM Technology Solutions in the 1st quarter worth approximately $202,000. Finally, UMB Bank n.a. boosted its stake in MACOM Technology Solutions by 182.7% in the 1st quarter. UMB Bank n.a. now owns 670 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 433 shares in the last quarter. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Company 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.