MACOM Technology Solutions (NASDAQ:MTSI) Lowered to “Hold” Rating by Wall Street Zen

MACOM Technology Solutions (NASDAQ:MTSI) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Other research analysts have also issued reports about the stock. Bank of America upped their target price on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Benchmark increased their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Barclays increased their price target on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of MACOM Technology Solutions in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Two 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $321.36.

MACOM Technology Solutions Trading Down 9.8%

NASDAQ MTSI opened at $345.40 on Friday. The stock has a market capitalization of $26.35 billion, a P/E ratio of 149.52, a P/E/G ratio of 3.14 and a beta of 1.66. MACOM Technology Solutions has a 52-week low of $118.16 and a 52-week high of $418.90. The firm has a 50-day moving average price of $310.09 and a 200 day moving average price of $241.99. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.02. The firm had revenue of $288.96 million during the quarter, compared to analysts’ expectations of $285.20 million. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 earnings per share. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Equities research analysts expect that MACOM Technology Solutions will post 3.68 EPS for the current year.

Insider Activity

In other MACOM Technology Solutions news, Director Charles R. Bland sold 800 shares of MACOM Technology Solutions stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $380.00, for a total value of $304,000.00. Following the transaction, the director owned 14,338 shares in the company, valued at $5,448,440. This trade represents a 5.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Stephen G. Daly sold 15,828 shares of MACOM Technology Solutions stock in a transaction on Friday, May 29th. The shares were sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the completion of the transaction, the chief executive officer owned 38,389 shares in the company, valued at approximately $14,040,776.75. This trade represents a 29.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 75,476 shares of company stock valued at $27,755,202 in the last 90 days. Insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of hedge funds have recently made changes to their positions in MTSI. Advisors Asset Management Inc. boosted its holdings in shares of MACOM Technology Solutions by 49.7% in the 1st quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 161 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of MACOM Technology Solutions by 9.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,182 shares of the semiconductor company’s stock valued at $15,778,000 after purchasing an additional 13,215 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of MACOM Technology Solutions by 121.3% in the 1st quarter. Focus Partners Wealth now owns 6,739 shares of the semiconductor company’s stock valued at $676,000 after purchasing an additional 3,694 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $372,000. Finally, Marshall Wace LLP acquired a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $544,000. Institutional investors and hedge funds 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.