Two Sigma Securities LLC Invests $680,000 in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Two Sigma Securities LLC purchased a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,235 shares of the semiconductor company's stock, valued at approximately $680,000.

Other institutional investors have also bought and sold shares of the company. Oberweis Asset Management Inc. boosted its position in MACOM Technology Solutions by 17.0% during the fourth quarter. Oberweis Asset Management Inc. now owns 179,070 shares of the semiconductor company's stock worth $23,263,000 after purchasing an additional 25,970 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of MACOM Technology Solutions by 38.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,998,136 shares of the semiconductor company's stock valued at $519,399,000 after buying an additional 1,120,510 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of MACOM Technology Solutions by 83.1% during the fourth quarter. Hsbc Holdings PLC now owns 11,180 shares of the semiconductor company's stock worth $1,461,000 after acquiring an additional 5,075 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of MACOM Technology Solutions by 9.4% in the fourth quarter. MetLife Investment Management LLC now owns 32,613 shares of the semiconductor company's stock worth $4,237,000 after acquiring an additional 2,798 shares during the period. Finally, Claret Asset Management Corp bought a new stake in shares of MACOM Technology Solutions during the 4th quarter valued at $207,000. Hedge funds and other institutional investors own 76.14% of the company's stock.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, Director Susan Ocampo sold 286,635 shares of the business's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $123.31, for a total transaction of $35,344,961.85. Following the transaction, the director now directly owns 5,123,636 shares of the company's stock, valued at approximately $631,795,555.16. The trade was a 5.30 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Geoffrey G. Ribar sold 6,656 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $121.61, for a total transaction of $809,436.16. Following the completion of the sale, the director now directly owns 14,031 shares of the company's stock, valued at approximately $1,706,309.91. This represents a 32.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 736,593 shares of company stock worth $91,232,425. 16.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Barclays reduced their price objective on shares of MACOM Technology Solutions from $160.00 to $125.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Truist Financial initiated coverage on shares of MACOM Technology Solutions in a research note on Friday, April 11th. They issued a "buy" rating and a $125.00 price target for the company. Stifel Nicolaus lowered their price objective on shares of MACOM Technology Solutions from $150.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. BNP Paribas upgraded shares of MACOM Technology Solutions from a "neutral" rating to an "outperform" rating and set a $135.00 target price for the company in a research report on Wednesday, April 9th. Finally, Northland Capmk raised MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 10th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, MACOM Technology Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $127.92.

MACOM Technology Solutions Trading Down 0.8 %

MTSI traded down $0.88 on Tuesday, hitting $103.18. 463,754 shares of the company were exchanged, compared to its average volume of 662,921. 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 Holdings, Inc. has a 12 month low of $84.00 and a 12 month high of $152.50. The firm has a fifty day simple moving average of $104.36 and a two-hundred day simple moving average of $121.08. The stock has a market capitalization of $7.67 billion, a PE ratio of -71.65, a price-to-earnings-growth ratio of 2.42 and a beta of 1.72.

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