Baird Financial Group Inc. Takes Position in MACOM Technology Solutions Holdings, Inc. $MTSI

Baird Financial Group Inc. acquired a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 28,170 shares of the semiconductor company’s stock, valued at approximately $4,036,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of MACOM Technology Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 6,646,452 shares of the semiconductor company’s stock worth $667,171,000 after purchasing an additional 129,201 shares during the period. Invesco Ltd. lifted its stake in MACOM Technology Solutions by 3.2% in the second quarter. Invesco Ltd. now owns 3,464,854 shares of the semiconductor company’s stock worth $496,479,000 after purchasing an additional 106,004 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of MACOM Technology Solutions by 2.4% during the first quarter. Alliancebernstein L.P. now owns 1,468,782 shares of the semiconductor company’s stock valued at $147,436,000 after buying an additional 34,214 shares during the period. Geode Capital Management LLC grew its stake in shares of MACOM Technology Solutions by 2.5% during the second 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. Finally, Norges Bank purchased a new stake in shares of MACOM Technology Solutions in the second quarter worth approximately $113,936,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Trading Down 1.0%

NASDAQ MTSI opened at $186.23 on Thursday. MACOM Technology Solutions Holdings, Inc. has a one year low of $84.00 and a one year high of $190.95. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.98 and a current ratio of 3.71. The company has a market capitalization of $13.95 billion, a price-to-earnings ratio of -229.91, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The company’s 50-day simple moving average is $154.91 and its two-hundred day simple moving average is $139.80.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. The firm had revenue of $261.17 million for the quarter, compared to the consensus estimate of $260.16 million. MACOM Technology Solutions had a negative net margin of 5.60% and a positive return on equity of 14.38%. The company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the firm earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Equities analysts forecast that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MTSI has been the subject of a number of recent analyst reports. TD Cowen boosted their price objective on MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a report on Friday, November 7th. Needham & Company LLC upped their price target on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Barclays lifted their price objective on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. 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 research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $169.44.

Insider Buying and Selling

In other MACOM Technology Solutions news, major shareholder Susan Ocampo sold 150,424 shares of the stock in a transaction dated 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 directly owned 3,584,621 shares of the company’s stock, valued at approximately $474,711,359.03. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 1,848,111 shares of company stock valued at $276,414,001 in the last ninety days. Insiders own 16.30% of the company’s stock.

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.