Virtu Financial LLC Buys New Stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Virtu Financial LLC purchased a new stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,082 shares of the semiconductor company's stock, valued at approximately $530,000.

A number of other hedge funds also recently made changes to their positions in the business. UMB Bank n.a. increased its holdings in shares of MACOM Technology Solutions by 74.3% during the fourth quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 101 shares during the period. Empowered Funds LLC bought a new stake in shares of MACOM Technology Solutions during the 4th quarter worth about $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of MACOM Technology Solutions in the 4th quarter worth approximately $35,000. ORG Wealth Partners LLC bought a new position in shares of MACOM Technology Solutions in the fourth quarter valued at approximately $36,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of MACOM Technology Solutions by 97.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company's stock valued at $36,000 after acquiring an additional 138 shares during the period. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions Trading Down 3.4 %

Shares of MACOM Technology Solutions stock traded down $3.43 during trading on Friday, hitting $98.47. The stock had a trading volume of 779,636 shares, compared to its average volume of 635,544. MACOM Technology Solutions Holdings, Inc. has a 1 year low of $90.01 and a 1 year high of $152.50. The stock has a 50 day simple moving average of $119.31 and a 200 day simple moving average of $122.56. The company has a quick ratio of 2.88, a current ratio of 3.61 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $7.32 billion, a PE ratio of -68.38, a P/E/G ratio of 2.42 and a beta of 1.74.

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MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last posted its quarterly earnings data 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 positive return on equity of 12.42% and a negative net margin of 13.05%. On average, research analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Analyst Ratings Changes

MTSI has been the subject of a number of research reports. Northland Capmk raised MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 10th. Northland Securities raised MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $105.00 to $140.00 in a report on Monday, February 10th. Finally, Benchmark reissued a "buy" rating and issued a $160.00 price target on shares of MACOM Technology Solutions in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $131.50.

Insider Buying and Selling

In other news, SVP Donghyun Thomas Hwang sold 7,355 shares of the company's stock in a transaction 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 transaction, the senior vice president now directly owns 43,657 shares of the company's stock, valued at approximately $5,806,381. This represents a 14.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO John Kober sold 2,250 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $130.09, for a total value of $292,702.50. Following the sale, the chief financial officer now owns 49,239 shares of the company's stock, valued at approximately $6,405,501.51. This represents a 4.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 746,198 shares of company stock valued at $92,503,343. Corporate insiders own 16.30% of the company's stock.

MACOM Technology Solutions Company 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.