Victory Capital Management Inc. Sells 42,100 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Victory Capital Management Inc. lowered its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 203,705 shares of the semiconductor company’s stock after selling 42,100 shares during the quarter. Victory Capital Management Inc. owned about 0.27% of MACOM Technology Solutions worth $25,359,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in MACOM Technology Solutions by 75.6% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 93 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of MACOM Technology Solutions by 108.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of MACOM Technology Solutions by 282.4% during the third quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 240 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of MACOM Technology Solutions by 49.7% during the first quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 161 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in MACOM Technology Solutions by 112.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 362 shares of the semiconductor company’s stock worth $52,000 after buying an additional 192 shares during the last quarter. 76.14% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MTSI shares. Wall Street Zen lowered shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. Bank of America lifted their target price on shares of MACOM Technology Solutions from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Weiss Ratings upgraded shares of MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 26th. Needham & Company LLC reissued a “buy” rating and set a $250.00 price target on shares of MACOM Technology Solutions in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. lifted their price objective on MACOM Technology Solutions from $165.00 to $240.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.27.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, COO Robert Dennehy sold 18,398 shares of MACOM Technology Solutions stock in a transaction that occurred on 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 transaction, the chief operating officer owned 12,864 shares of the company’s stock, valued at $3,154,896. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Susan Ocampo sold 261,763 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, 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 SEC filing for this sale provides additional information. Insiders have sold a total of 753,113 shares of company stock valued at $184,368,095 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

MACOM Technology Solutions Stock Up 5.4%

Shares of MTSI stock opened at $218.73 on Tuesday. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $258.98. The stock has a market cap of $16.41 billion, a P/E ratio of 102.69, a P/E/G ratio of 3.96 and a beta of 1.41. The company has a 50 day simple moving average of $220.32 and a two-hundred day simple moving average of $174.57.

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

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.