Knights of Columbus Asset Advisors LLC Has $2.30 Million Stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Knights of Columbus Asset Advisors LLC lifted its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 19.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,724 shares of the semiconductor company's stock after acquiring an additional 2,942 shares during the period. Knights of Columbus Asset Advisors LLC's holdings in MACOM Technology Solutions were worth $2,303,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MTSI. Westfield Capital Management Co. LP grew its stake in MACOM Technology Solutions by 21.0% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,210,547 shares of the semiconductor company's stock valued at $134,686,000 after acquiring an additional 210,151 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of MACOM Technology Solutions by 52.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 530,623 shares of the semiconductor company's stock worth $59,037,000 after acquiring an additional 182,058 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in MACOM Technology Solutions by 18.4% during the third quarter. The Manufacturers Life Insurance Company now owns 745,503 shares of the semiconductor company's stock worth $82,945,000 after purchasing an additional 116,090 shares during the period. Cinctive Capital Management LP grew its stake in MACOM Technology Solutions by 744.5% in the 3rd quarter. Cinctive Capital Management LP now owns 88,608 shares of the semiconductor company's stock valued at $9,859,000 after buying an additional 78,116 shares during the last quarter. Finally, EULAV Asset Management acquired a new stake in shares of MACOM Technology Solutions in the fourth quarter valued at about $9,749,000. Institutional investors and hedge funds own 76.14% of the company's stock.

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MACOM Technology Solutions Trading Down 3.5 %

Shares of MACOM Technology Solutions stock traded down $3.75 on Thursday, hitting $101.90. 593,138 shares of the company's stock traded hands, compared to its average volume of 621,342. MACOM Technology Solutions Holdings, Inc. has a one year low of $90.01 and a one year high of $152.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.61 and a quick ratio of 2.88. The stock has a market capitalization of $7.58 billion, a PE ratio of -70.76, a price-to-earnings-growth ratio of 2.42 and a beta of 1.74. The firm's 50-day moving average price is $121.07 and its two-hundred day moving average price is $122.51.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released 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, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal 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 dated Thursday, February 20th. The stock was sold at an average price of $124.08, for a total transaction of $12,101,150.16. Following the transaction, the director now directly owns 4,689,225 shares in the company, 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 legal filing with the SEC, which is accessible through this link. Also, CFO John Kober sold 2,250 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $130.09, for a total value of $292,702.50. Following the completion of the sale, the chief financial officer now owns 49,239 shares of the company's stock, valued at $6,405,501.51. This trade represents a 4.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 746,198 shares of company stock worth $92,503,343. 16.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

MACOM Technology Solutions Profile

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.