11,484 Shares in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Purchased by Bryce Point Capital LLC

Bryce Point Capital LLC acquired a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,484 shares of the semiconductor company's stock, valued at approximately $1,492,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTSI. Louisiana State Employees Retirement System increased its stake in MACOM Technology Solutions by 0.6% in the 4th quarter. Louisiana State Employees Retirement System now owns 16,100 shares of the semiconductor company's stock worth $2,092,000 after buying an additional 100 shares during the period. UMB Bank n.a. increased its position in shares of MACOM Technology Solutions by 74.3% during the fourth quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 101 shares during the period. EP Wealth Advisors LLC increased its holdings in MACOM Technology Solutions by 4.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 2,712 shares of the semiconductor company's stock worth $302,000 after purchasing an additional 110 shares during the period. CIBC Asset Management Inc increased its stake in shares of MACOM Technology Solutions by 5.2% during the fourth quarter. CIBC Asset Management Inc now owns 2,250 shares of the semiconductor company's stock valued at $292,000 after buying an additional 112 shares during the period. Finally, Arizona State Retirement System increased its holdings in MACOM Technology Solutions by 0.7% during the fourth quarter. Arizona State Retirement System now owns 16,732 shares of the semiconductor company's stock valued at $2,174,000 after buying an additional 122 shares during the period. Hedge funds and other institutional investors own 76.14% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts recently weighed in on MTSI shares. Northland Securities upgraded MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $105.00 to $140.00 in a research note on Monday, February 10th. Northland Capmk raised shares of MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 10th. Finally, Benchmark reaffirmed a "buy" rating and issued a $160.00 price objective on shares of MACOM Technology Solutions in a research report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $131.50.

MACOM Technology Solutions Stock Performance

MTSI stock traded down $1.99 during midday trading on Monday, reaching $87.68. The stock had a trading volume of 375,645 shares, compared to its average volume of 641,066. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.88 and a current ratio of 3.61. The firm has a fifty day simple moving average of $114.42 and a two-hundred day simple moving average of $122.58. The stock has a market cap of $6.52 billion, a PE ratio of -61.08, a P/E/G ratio of 2.42 and a beta of 1.72. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.09 and a 52-week high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its earnings results on Thursday, February 6th. The semiconductor company reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.38). MACOM Technology Solutions had a negative net margin of 13.05% and a positive return on equity of 12.42%. As a group, equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

Insider Activity at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Susan Ocampo sold 97,527 shares of MACOM Technology Solutions stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $124.08, for a total value of $12,101,150.16. Following the completion of the transaction, the director now owns 4,689,225 shares of the company's stock, valued at approximately $581,839,038. The trade was a 2.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Donghyun Thomas Hwang sold 7,355 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $133.00, for a total value of $978,215.00. Following the transaction, the senior vice president now owns 43,657 shares in the company, valued at $5,806,381. This represents a 14.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 743,948 shares of company stock worth $92,210,640 over the last three months. Company insiders own 16.30% of the company's stock.

About MACOM Technology Solutions

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.