Assenagon Asset Management S.A. Has $5.33 Million Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Assenagon Asset Management S.A. lessened its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 86.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,019 shares of the semiconductor company’s stock after selling 148,804 shares during the period. Assenagon Asset Management S.A.’s holdings in MACOM Technology Solutions were worth $5,334,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV bought a new stake in shares of MACOM Technology Solutions during the 1st quarter valued at approximately $784,000. Hsbc Holdings PLC increased its holdings in MACOM Technology Solutions by 5,004.6% in the 4th quarter. Hsbc Holdings PLC now owns 102,909 shares of the semiconductor company’s stock worth $17,796,000 after purchasing an additional 100,893 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in MACOM Technology Solutions by 98.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,654 shares of the semiconductor company’s stock worth $626,000 after purchasing an additional 1,811 shares in the last quarter. World Investment Advisors bought a new position in MACOM Technology Solutions in the fourth quarter valued at about $330,000. Finally, MidFirst Bank bought a new position in MACOM Technology Solutions in the fourth quarter valued at about $248,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Trading Up 0.9%

Shares of MACOM Technology Solutions stock opened at $372.59 on Tuesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.84 and a current ratio of 7.52. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $118.16 and a 52 week high of $418.90. The stock has a 50 day moving average price of $352.93 and a two-hundred day moving average price of $265.46. The stock has a market capitalization of $28.43 billion, a PE ratio of 161.30, a price-to-earnings-growth ratio of 3.03 and a beta of 1.66.

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

Insiders Place Their Bets

In other news, Director Peter Y. Chung sold 43,268 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total value of $16,363,957.60. Following the completion of the transaction, the director directly owned 6,781 shares of the company’s stock, valued at $2,564,574.20. This represents a 86.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Charles R. Bland sold 800 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $380.00, for a total transaction of $304,000.00. Following the sale, the director owned 14,338 shares of the company’s stock, valued at $5,448,440. This trade represents a 5.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 78,096 shares of company stock worth $28,760,941 in the last ninety days. 0.36% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

MTSI has been the topic of a number of research reports. Bank of America boosted their target price on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Needham & Company LLC boosted their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Weiss Ratings restated a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Friday, May 8th. Susquehanna raised their target price on MACOM Technology Solutions from $300.00 to $350.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $335.00.

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.