Envestnet Portfolio Solutions Inc. Increases Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Envestnet Portfolio Solutions Inc. grew its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 289.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,854 shares of the semiconductor company’s stock after acquiring an additional 8,065 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in MACOM Technology Solutions were worth $1,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its position in MACOM Technology Solutions by 282.4% in the third quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 240 shares during the last quarter. Strs Ohio lifted its stake in shares of MACOM Technology Solutions by 19.8% during the 3rd quarter. Strs Ohio now owns 51,613 shares of the semiconductor company’s stock valued at $6,425,000 after buying an additional 8,535 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of MACOM Technology Solutions during the third quarter worth $9,523,000. Verdence Capital Advisors LLC lifted its holdings in MACOM Technology Solutions by 3.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,247 shares of the semiconductor company’s stock worth $404,000 after purchasing an additional 116 shares in the last quarter. Finally, Amalgamated Bank lifted its holdings in shares of MACOM Technology Solutions by 7.0% in the third quarter. Amalgamated Bank now owns 29,648 shares of the semiconductor company’s stock worth $3,691,000 after buying an additional 1,937 shares in the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.

Insider Transactions at MACOM Technology Solutions

In related news, CEO Stephen G. Daly sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $175.73, for a total value of $3,514,600.00. Following the transaction, the chief executive officer owned 74,217 shares of the company’s stock, valued at approximately $13,042,153.41. This trade represents a 21.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO John Kober sold 18,506 shares of MACOM Technology Solutions stock in a transaction on Friday, November 7th. The stock was sold at an average price of $167.58, for a total transaction of $3,101,235.48. Following the transaction, the chief financial officer owned 57,387 shares in the company, valued at $9,616,913.46. This represents a 24.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 589,907 shares of company stock valued at $104,362,167. Company insiders own 0.36% of the company’s stock.

MACOM Technology Solutions Trading Up 0.1%

MACOM Technology Solutions stock opened at $219.20 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $230.82. The company has a market capitalization of $16.44 billion, a price-to-earnings ratio of -270.61, a price-to-earnings-growth ratio of 4.08 and a beta of 1.43. The business’s fifty day simple moving average is $184.64 and its two-hundred day simple moving average is $153.44. The company has a current ratio of 3.71, a quick ratio of 2.98 and a debt-to-equity ratio of 0.31.

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

Wall Street Analyst Weigh In

MTSI has been the subject of several research analyst reports. Bank of America lifted their price objective on MACOM Technology Solutions from $220.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. Needham & Company LLC increased their target price on MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Barclays upped their price target 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. Finally, Susquehanna began coverage on shares of MACOM Technology Solutions in a research report on Monday, December 15th. They issued a “neutral” rating and a $200.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MACOM Technology Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.50.

MACOM Technology Solutions Profile

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.