MACOM Technology Solutions (NASDAQ:MTSI) Price Target Lowered to $300.00 at Susquehanna

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective lowered by Susquehanna from $350.00 to $300.00 in a report released on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the semiconductor company’s stock.

A number of other analysts also recently issued reports on the company. Stifel Nicolaus lifted their price objective on MACOM Technology Solutions from $385.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Truist Financial increased their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Loop Capital assumed coverage on shares of MACOM Technology Solutions in a research note on Friday, April 10th. They set a “buy” rating and a $300.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $330.45.

MACOM Technology Solutions Trading Up 4.9%

Shares of MACOM Technology Solutions stock opened at $283.03 on Tuesday. MACOM Technology Solutions has a twelve month low of $118.16 and a twelve month high of $418.90. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $354.69 and a 200-day moving average price of $280.29. The firm has a market cap of $21.60 billion, a price-to-earnings ratio of 122.52, a PEG ratio of 2.21 and a beta of 1.65.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The company had revenue of $288.95 million for the quarter, compared to the consensus estimate of $285.20 million. During the same period in the previous year, the business earned $0.85 earnings per share. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Equities research analysts anticipate that MACOM Technology Solutions will post 3.68 EPS for the current fiscal year.

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 7,644 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the sale, the chief financial officer directly owned 40,972 shares in the company, valued at $14,719,191. This represents a 15.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Peter Y. Chung sold 43,268 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $378.20, for a total value of $16,363,957.60. Following the completion of the sale, the director directly owned 6,781 shares of the company’s stock, valued at $2,564,574.20. The trade was a 86.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,096 shares of company stock valued at $28,760,941 over the last ninety days. 0.36% of the stock is currently owned by company insiders.

Institutional Trading of MACOM Technology Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of MTSI. Whale Rock Capital Management LLC purchased a new position in MACOM Technology Solutions during the fourth quarter worth $134,164,000. Wellington Management Group LLP raised its stake in shares of MACOM Technology Solutions by 180.6% in the third 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 during the period. Bessemer Group Inc. raised its stake in shares of MACOM Technology Solutions by 170,782.0% in the fourth 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 during the period. Norges Bank bought a new stake in shares of MACOM Technology Solutions in the 4th quarter worth about $97,397,000. Finally, FengHe Fund Management Pte. Ltd. bought a new stake in shares of MACOM Technology Solutions in the 4th quarter worth about $90,663,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

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.