MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Holdings Trimmed by Silverberg Bernstein Capital Management LLC

Silverberg Bernstein Capital Management LLC lowered its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,663 shares of the semiconductor company's stock after selling 3,640 shares during the period. MACOM Technology Solutions makes up 8.5% of Silverberg Bernstein Capital Management LLC's investment portfolio, making the stock its 3rd largest holding. Silverberg Bernstein Capital Management LLC owned about 0.10% of MACOM Technology Solutions worth $9,699,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Covea Finance grew its holdings in shares of MACOM Technology Solutions by 8.0% during the fourth quarter. Covea Finance now owns 27,000 shares of the semiconductor company's stock valued at $3,508,000 after buying an additional 2,000 shares during the last quarter. Park Avenue Securities LLC boosted its stake in MACOM Technology Solutions by 17.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,675 shares of the semiconductor company's stock valued at $477,000 after purchasing an additional 546 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in MACOM Technology Solutions by 22.5% during the 4th 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 during the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in shares of MACOM Technology Solutions in the 4th quarter worth $216,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of MACOM Technology Solutions in the fourth quarter worth $36,000. Hedge funds and other institutional investors own 76.14% of the company's stock.

Insiders Place Their Bets

In other news, SVP Ambra R. Roth sold 1,366 shares of the business's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $139.07, for a total value of $189,969.62. Following the transaction, the senior vice president now owns 6,564 shares of the company's stock, valued at approximately $912,855.48. The trade was a 17.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John Kober sold 2,250 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $130.09, for a total transaction of $292,702.50. Following the transaction, the chief financial officer now directly owns 49,239 shares of the company's stock, valued at $6,405,501.51. This trade represents a 4.37 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 227,212 shares of company stock worth $28,778,424. Corporate insiders own 22.75% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Piper Sandler lifted their price objective on MACOM Technology Solutions from $100.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, October 25th. Barclays increased their price target on MACOM Technology Solutions from $120.00 to $160.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Benchmark lifted their price objective on MACOM Technology Solutions from $120.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, November 8th. Finally, Northland Securities upped their price target on shares of MACOM Technology Solutions from $85.00 to $105.00 and gave the company a "market perform" rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $128.00.

MACOM Technology Solutions Stock Performance

MACOM Technology Solutions stock traded up $4.68 during midday trading on Wednesday, hitting $140.89. The stock had a trading volume of 928,709 shares, compared to its average volume of 649,155. The company has a current ratio of 8.35, a quick ratio of 6.55 and a debt-to-equity ratio of 0.43. MACOM Technology Solutions Holdings, Inc. has a 52-week low of $79.25 and a 52-week high of $143.90. The company has a market capitalization of $10.20 billion, a PE ratio of 136.79, a P/E/G ratio of 2.43 and a beta of 1.71. The firm's fifty day moving average is $133.92 and its two-hundred day moving average is $116.84.

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.