MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Director Susan Ocampo Sells 45,773 Shares

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Free Report) Director Susan Ocampo sold 45,773 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $125.35, for a total transaction of $5,737,645.55. Following the sale, the director now owns 5,509,746 shares of the company's stock, valued at approximately $690,646,661.10. This represents a 0.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Susan Ocampo also recently made the following trade(s):

• On Monday, November 25th, Susan Ocampo sold 12,438 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $136.73, for a total transaction of $1,700,647.74.
• On Friday, November 22nd, Susan Ocampo sold 40,192 shares of MACOM Technology Solutions stock. The stock was sold at an average price of $133.40, for a total transaction of $5,361,612.80.
• On Monday, November 18th, Susan Ocampo sold 1,789 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $125.00, for a total transaction of $223,625.00.
• On Friday, November 15th, Susan Ocampo sold 105,782 shares of MACOM Technology Solutions stock. The shares were sold at an average price of $123.67, for a total transaction of $13,082,059.94.

MACOM Technology Solutions Stock Up 0.8 %

Shares of MTSI stock traded up $1.03 during trading on Friday, reaching $123.12. The company's stock had a trading volume of 773,870 shares, compared to its average volume of 694,203. The business has a fifty day moving average price of $134.27 and a 200-day moving average price of $120.87. The company has a quick ratio of 6.55, a current ratio of 3.61 and a debt-to-equity ratio of 0.33. The company has a market cap of $9.15 billion, a price-to-earnings ratio of -85.50, a price-to-earnings-growth ratio of 2.27 and a beta of 1.71. MACOM Technology Solutions Holdings, Inc. has a one year low of $82.36 and a one year high of $152.50.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings data 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 positive return on equity of 12.42% and a negative net margin of 13.05%. Analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MTSI. Benchmark restated a "buy" rating and set a $160.00 price objective on shares of MACOM Technology Solutions in a report on Monday, February 10th. Piper Sandler boosted their price objective on shares of MACOM Technology Solutions from $100.00 to $115.00 and gave the company a "neutral" rating in a report on Friday, October 25th. Barclays boosted their price objective on shares of MACOM Technology Solutions from $120.00 to $160.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Northland Capmk upgraded shares of MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th. Finally, Northland Securities raised shares of MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $105.00 to $140.00 in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $131.50.

Institutional Trading of MACOM Technology Solutions

A number of institutional investors have recently made changes to their positions in MTSI. GAMMA Investing LLC lifted its position in shares of MACOM Technology Solutions by 75.4% in the third quarter. GAMMA Investing LLC now owns 821 shares of the semiconductor company's stock worth $91,000 after purchasing an additional 353 shares in the last quarter. CWM LLC increased its holdings in MACOM Technology Solutions by 16.4% during the third quarter. CWM LLC now owns 1,689 shares of the semiconductor company's stock worth $188,000 after buying an additional 238 shares during the last quarter. Creative Planning increased its holdings in MACOM Technology Solutions by 11.3% during the third quarter. Creative Planning now owns 10,421 shares of the semiconductor company's stock worth $1,159,000 after buying an additional 1,059 shares during the last quarter. nVerses Capital LLC acquired a new position in MACOM Technology Solutions during the third quarter worth $367,000. Finally, Raymond James & Associates increased its holdings in MACOM Technology Solutions by 5.2% during the third quarter. Raymond James & Associates now owns 38,917 shares of the semiconductor company's stock worth $4,330,000 after buying an additional 1,924 shares during the last quarter. Institutional investors own 76.14% 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.