Edgestream Partners L.P. Buys 5,847 Shares of MACOM Technology Solutions Holdings, Inc. $MTSI

Edgestream Partners L.P. raised its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 21.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 33,422 shares of the semiconductor company’s stock after buying an additional 5,847 shares during the period. Edgestream Partners L.P.’s holdings in MACOM Technology Solutions were worth $4,789,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new stake in MACOM Technology Solutions during the 2nd quarter worth approximately $113,936,000. Fiera Capital Corp acquired a new position in shares of MACOM Technology Solutions during the 2nd quarter valued at $41,744,000. AQR Capital Management LLC boosted its position in shares of MACOM Technology Solutions by 5,891.8% during the 1st quarter. AQR Capital Management LLC now owns 247,400 shares of the semiconductor company’s stock worth $23,510,000 after purchasing an additional 243,271 shares in the last quarter. Nuveen LLC bought a new position in MACOM Technology Solutions in the first quarter worth approximately $23,767,000. Finally, Bank of New York Mellon Corp grew its position in MACOM Technology Solutions by 52.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 628,882 shares of the semiconductor company’s stock valued at $90,113,000 after purchasing an additional 215,578 shares during the period. 76.14% of the stock is currently owned by institutional investors.

MACOM Technology Solutions Price Performance

Shares of MACOM Technology Solutions stock opened at $177.91 on Wednesday. The company has a fifty day moving average of $147.70 and a 200-day moving average of $137.23. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $180.10. The stock has a market capitalization of $13.33 billion, a price-to-earnings ratio of -176.15, a price-to-earnings-growth ratio of 2.26 and a beta of 1.46. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.10 and a current ratio of 3.83.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate 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 positive return on equity of 14.02% and a negative net margin of 7.71%.The company’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. Equities research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on MTSI. Needham & Company LLC lifted their price target on MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. TD Cowen upped their price target on MACOM Technology Solutions from $150.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Zacks Research raised shares of MACOM Technology Solutions from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Benchmark upped their price target on shares of MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $169.44.

Insider Transactions at MACOM Technology Solutions

In other news, SVP Donghyun Thomas Hwang sold 3,789 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $161.09, for a total value of $610,370.01. Following the transaction, the senior vice president owned 49,750 shares in the company, valued at approximately $8,014,227.50. This trade represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen G. Daly sold 20,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $175.73, for a total transaction of $3,514,600.00. Following the sale, the chief executive officer owned 74,217 shares of the company’s stock, valued at $13,042,153.41. This represents a 21.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,817,447 shares of company stock valued at $254,851,554. Insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Profile

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.