Edgestream Partners L.P. Has $4.79 Million Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Edgestream Partners L.P. grew its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 21.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,422 shares of the semiconductor company’s stock after buying an additional 5,847 shares during the quarter. Edgestream Partners L.P.’s holdings in MACOM Technology Solutions were worth $4,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTSI. Vanguard Group Inc. raised its stake in shares of MACOM Technology Solutions by 2.0% in the first quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company’s stock worth $667,171,000 after acquiring an additional 129,201 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in MACOM Technology Solutions by 2.4% during the 1st quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company’s stock worth $147,436,000 after buying an additional 34,214 shares in the last quarter. Geode Capital Management LLC boosted its position in MACOM Technology Solutions by 2.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,152,581 shares of the semiconductor company’s stock valued at $165,177,000 after buying an additional 28,257 shares during the last quarter. Norges Bank acquired a new stake in shares of MACOM Technology Solutions in the 2nd quarter valued at $113,936,000. Finally, Bank of New York Mellon Corp raised its position in shares of MACOM Technology Solutions by 52.2% during the second quarter. Bank of New York Mellon Corp now owns 628,882 shares of the semiconductor company’s stock worth $90,113,000 after acquiring an additional 215,578 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 150,424 shares of the 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 sale, the insider owned 3,584,621 shares in the company, valued at approximately $474,711,359.03. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 1,817,447 shares of company stock valued at $254,851,554. 16.30% of the stock is currently owned by insiders.

MACOM Technology Solutions Trading Up 2.9%

MTSI stock opened at $177.91 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $84.00 and a 52 week high of $180.10. The company’s 50-day simple moving average is $147.70 and its 200 day simple moving average is $137.23. The company has a market capitalization of $13.33 billion, a PE ratio of -176.15, a price-to-earnings-growth ratio of 2.26 and a beta of 1.46. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.01. The business had revenue of $261.17 million during the quarter, compared to analysts’ expectations of $260.16 million. MACOM Technology Solutions had a positive return on equity of 14.02% and a negative net margin of 7.71%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. TD Cowen upped their target price on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Benchmark raised their price target on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Needham & Company LLC lifted their target price on MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Barclays upped their price target on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus target price of $169.44.

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.