Bank of New York Mellon Corp Boosts Stock Holdings in MACOM Technology Solutions Holdings, Inc. $MTSI

Bank of New York Mellon Corp grew its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 4.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 400,926 shares of the semiconductor company’s stock after buying an additional 16,043 shares during the quarter. Bank of New York Mellon Corp’s holdings in MACOM Technology Solutions were worth $89,034,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Advisors Asset Management Inc. boosted its holdings in MACOM Technology Solutions by 49.7% during the 1st quarter. Advisors Asset Management Inc. now owns 485 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 161 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in 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 worth $15,778,000 after purchasing an additional 13,215 shares during the period. Focus Partners Wealth lifted its position in MACOM Technology Solutions by 121.3% in the first 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 bought a new stake in MACOM Technology Solutions in the second quarter valued at approximately $372,000. Finally, Marshall Wace LLP bought a new stake in MACOM Technology Solutions in the second quarter valued at approximately $544,000. Hedge funds and other institutional investors own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI opened at $283.03 on Wednesday. The company has a quick ratio of 5.84, a current ratio of 7.52 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $354.69 and its 200 day simple moving average is $280.29. The stock has a market cap of $21.60 billion, a P/E ratio of 122.52, a price-to-earnings-growth ratio of 2.21 and a beta of 1.65. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $118.16 and a twelve month high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $1.09 EPS for the quarter, topping the consensus estimate 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 business had revenue of $288.95 million during the quarter, compared to analyst estimates of $285.20 million. During the same period in the prior year, the business earned $0.85 EPS. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. As a group, research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 3.68 EPS for the current year.

Insider Buying and Selling

In other MACOM Technology Solutions news, Director Peter Y. Chung sold 43,268 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $378.20, for a total transaction of $16,363,957.60. Following the sale, the director directly owned 6,781 shares of the company’s stock, valued at approximately $2,564,574.20. The trade was a 86.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Geoffrey G. Ribar sold 1,623 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $361.84, for a total value of $587,266.32. Following the transaction, the director owned 12,563 shares in the company, valued at $4,545,795.92. This trade represents a 11.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 78,096 shares of company stock valued at $28,760,941 over the last quarter. 0.36% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MTSI shares. Bank of America raised 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of MACOM Technology Solutions in a report on Friday, May 8th. Stifel Nicolaus increased their price target on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. HC Wainwright reissued a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $330.45.

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.