Maryland State Retirement & Pension System Acquires 468 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Maryland State Retirement & Pension System boosted its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 18.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,075 shares of the semiconductor company’s stock after purchasing an additional 468 shares during the period. Maryland State Retirement & Pension System’s holdings in MACOM Technology Solutions were worth $441,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MTSI. Opal Wealth Advisors LLC bought a new position in shares of MACOM Technology Solutions during the 1st quarter worth approximately $25,000. Maseco LLP acquired a new stake in MACOM Technology Solutions in the second quarter valued at approximately $48,000. SVB Wealth LLC bought a new stake in shares of MACOM Technology Solutions during the first quarter worth about $34,000. Allworth Financial LP grew its position in shares of MACOM Technology Solutions by 131.3% in the 1st quarter. Allworth Financial LP now owns 347 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 197 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in MACOM Technology Solutions by 49.7% during the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock worth $49,000 after buying an additional 161 shares during the last quarter. 76.14% of the stock is owned by institutional investors.

Insider Activity at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $133.03, for a total value of $19,954,500.00. Following the sale, the insider directly owned 3,159,710 shares in the company, valued at approximately $420,336,221.30. The trade was a 4.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Robert Dennehy sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $127.23, for a total value of $636,150.00. Following the completion of the sale, the senior vice president directly owned 10,680 shares in the company, valued at approximately $1,358,816.40. The trade was a 31.89% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 970,711 shares of company stock worth $128,686,483. 16.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on MTSI shares. Zacks Research raised MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Truist Financial raised their target price on MACOM Technology Solutions from $136.00 to $154.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus boosted their price target on shares of MACOM Technology Solutions from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, TD Cowen started coverage on shares of MACOM Technology Solutions in a research note on Wednesday, October 1st. They set a “buy” rating and a $150.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $146.56.

MACOM Technology Solutions Trading Up 6.8%

NASDAQ:MTSI opened at $130.53 on Tuesday. The company has a 50 day simple moving average of $128.20 and a two-hundred day simple moving average of $124.25. The company has a market cap of $9.72 billion, a PE ratio of -129.24, a price-to-earnings-growth ratio of 1.81 and a beta of 1.48. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $152.50. The company has a current ratio of 3.83, a quick ratio of 3.10 and a debt-to-equity ratio of 0.32.

MACOM Technology Solutions (NASDAQ:MTSI) last issued 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. The firm had revenue of $252.08 million during the quarter, compared to analyst estimates of $249.89 million. MACOM Technology Solutions had a negative net margin of 7.71% and a positive return on equity of 14.02%. MACOM Technology Solutions’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share. MACOM Technology Solutions has set its Q4 2025 guidance at 0.910-0.950 EPS. Research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

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.