MACOM Technology Solutions (NASDAQ:MTSI) Hits New 12-Month High Following Analyst Upgrade

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)’s stock price reached a new 52-week high during trading on Friday after Stifel Nicolaus raised their price target on the stock from $255.00 to $300.00. Stifel Nicolaus currently has a buy rating on the stock. MACOM Technology Solutions traded as high as $267.92 and last traded at $265.6540, with a volume of 1443 shares trading hands. The stock had previously closed at $261.42.

MTSI has been the topic of a number of other research reports. Weiss Ratings upgraded MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. Truist Financial increased their target price on MACOM Technology Solutions from $200.00 to $261.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Jefferies Financial Group increased their target price on MACOM Technology Solutions from $185.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Benchmark increased their target price on MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Wall Street Zen downgraded shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $251.45.

Insider Activity

In related news, COO Robert Dennehy sold 18,398 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $245.25, for a total transaction of $4,512,109.50. Following the completion of the sale, the chief operating officer directly owned 12,864 shares in the company, valued at approximately $3,154,896. This trade represents a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Susan Ocampo sold 261,763 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $254.43, for a total transaction of $66,600,360.09. Following the sale, the insider owned 3,759,895 shares of the company’s stock, valued at approximately $956,630,084.85. The trade was a 6.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 753,113 shares of company stock valued at $184,368,095 in the last quarter. Insiders own 0.36% of the company’s stock.

Institutional Trading of MACOM Technology Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Whale Rock Capital Management LLC acquired a new position in MACOM Technology Solutions in the 4th quarter valued at about $134,164,000. Wellington Management Group LLP grew its position in MACOM Technology Solutions by 180.6% in the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after acquiring an additional 634,903 shares in the last quarter. Bessemer Group Inc. grew its position in MACOM Technology Solutions by 170,782.0% in the 4th quarter. Bessemer Group Inc. now owns 569,037 shares of the semiconductor company’s stock valued at $97,465,000 after acquiring an additional 568,704 shares in the last quarter. Norges Bank acquired a new position in MACOM Technology Solutions in the 4th quarter valued at about $97,397,000. Finally, Rafferty Asset Management LLC acquired a new position in MACOM Technology Solutions in the 3rd quarter valued at about $67,486,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Performance

The company has a market capitalization of $20.78 billion, a price-to-earnings ratio of 130.03, a P/E/G ratio of 4.34 and a beta of 1.48. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.18 and a current ratio of 3.96. The firm has a 50-day simple moving average of $237.67 and a two-hundred day simple moving average of $195.38.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.99 by $0.03. MACOM Technology Solutions had a net margin of 15.88% and a return on equity of 15.55%. The company had revenue of $271.61 million during the quarter, compared to analysts’ expectations of $269.02 million. During the same quarter last year, the company posted $0.79 EPS. The firm’s revenue was up 24.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q2 2026 guidance at 1.050-1.090 EPS. On average, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

About MACOM Technology Solutions

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.