ExodusPoint Capital Management LP Has $14.70 Million Position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

ExodusPoint Capital Management LP increased its position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 198.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 113,134 shares of the semiconductor company's stock after buying an additional 75,273 shares during the quarter. ExodusPoint Capital Management LP owned about 0.15% of MACOM Technology Solutions worth $14,697,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MTSI. SBI Securities Co. Ltd. purchased a new stake in shares of MACOM Technology Solutions in the 4th quarter valued at $35,000. Geode Capital Management LLC lifted its position in shares of MACOM Technology Solutions by 4.8% during the third quarter. Geode Capital Management LLC now owns 1,015,781 shares of the semiconductor company's stock worth $113,044,000 after purchasing an additional 46,812 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of MACOM Technology Solutions by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 532,342 shares of the semiconductor company's stock valued at $69,157,000 after purchasing an additional 1,719 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of MACOM Technology Solutions by 22.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 98,189 shares of the semiconductor company's stock valued at $12,756,000 after purchasing an additional 18,055 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in MACOM Technology Solutions by 97.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company's stock worth $36,000 after buying an additional 138 shares during the period. 76.14% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several research analysts recently commented on MTSI shares. Northland Securities raised MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $105.00 to $140.00 in a research note on Monday, February 10th. Benchmark restated a "buy" rating and set a $160.00 target price on shares of MACOM Technology Solutions in a research note on Monday, February 10th. BNP Paribas upgraded shares of MACOM Technology Solutions from a "neutral" rating to an "outperform" rating and set a $135.00 price target for the company in a research note on Wednesday. Finally, Northland Capmk upgraded shares of MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.82.

Insiders Place Their Bets

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 7,355 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $133.00, for a total value of $978,215.00. Following the sale, the senior vice president now owns 43,657 shares in the company, valued at approximately $5,806,381. This trade represents a 14.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Susan Ocampo sold 45,773 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $125.35, for a total value of $5,737,645.55. Following the completion of the sale, the director now owns 5,509,746 shares in the company, valued at approximately $690,646,661.10. This represents a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 743,948 shares of company stock valued at $92,210,640 over the last 90 days. 16.30% of the stock is owned by company insiders.

MACOM Technology Solutions Stock Up 21.6 %

Shares of NASDAQ:MTSI traded up $18.95 during mid-day trading on Wednesday, hitting $106.59. 1,917,356 shares of the company traded hands, compared to its average volume of 651,967. The firm has a market cap of $7.92 billion, a P/E ratio of -74.02, a PEG ratio of 2.42 and a beta of 1.72. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $84.00 and a 52-week high of $152.50. The firm's 50 day simple moving average is $111.26 and its 200 day simple moving average is $122.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.88 and a current ratio of 3.61.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.40 earnings per share for the quarter, missing the consensus estimate 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%. On average, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current year.

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.