MACOM Technology Solutions Holdings Inc

Paterniano Del Favero
Luglio 25, 2017

A number of institutional investors have recently bought and sold shares of MTSI. First Mercantile Trust Co. raised its position in MACOM Technology Solutions Holdings by 24.2% in the first quarter. Delta Capital Management LLC acquired a new position in MACOM Technology Solutions Holdings during the second quarter valued at approximately $229,000. Wellington Management Group LLP now owns 4,204,202 shares of the semiconductor company's stock worth $203,064,000 after buying an additional 721,929 shares in the last quarter. Comerica Bank boosted its position in shares of MACOM Technology Solutions Holdings by 11.8% in the fourth quarter. Following the sale, the chief financial officer now directly owns 64,506 shares of the company's stock, valued at approximately $3,627,817.44. Essex Investment Management Co. Peregrine Capital Management LLC reduced its holdings by shedding 3,832 shares a decrease of 1.5% in the quarter. FMR LLC now owns 818,493 shares of the semiconductor company's stock valued at $37,880,000 after buying an additional 529,110 shares during the period. As of quarter end Pier 88 Investment Partners LLC had disposed of a total of 6,328 shares trimming its position 50.1%. M/A-Com Technology Solutions Holdings had 21 analyst reports since July 29, 2015 according to SRatingsIntel.

MACOM Technology Solutions Hold (NASDAQ:MTSI) has been the object of insider selling activity recently.

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MACOM Technology Solutions Holdings Inc

MACOM Technology Solutions Holdings, Inc., launched on March 25, 2009, is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum.

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MACOM Technology Solutions Holdings (NASDAQ:MTSI) last issued its earnings results on Tuesday, April 25th. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.02. Eaton Vance has invested 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). The company had revenue of $186.08 million for the quarter, compared to analyst estimates of $182.73 million. During the same quarter previous year, the firm earned $0.46 earnings per share. The business's quarterly revenue was up 39.3% on a year-over-year basis. Equities research analysts forecast that MACOM Technology Solutions Holdings, Inc. will post $2.66 EPS for the current fiscal year. If you are accessing this piece on another site, it was illegally copied and republished in violation of worldwide copyright and trademark laws. The original version of this news story can be viewed at https://www.chaffeybreeze.com/2017/07/23/macom-technology-solutions-holdings-inc-mtsi-rating-increased-to-buy-at-bidaskclub-updated.html. Finally, Barclays PLC increased their price target on MACOM Technology Solutions Holdings from $52.00 to $60.00 and gave the stock an "overweight" rating in a report on Monday, April 3rd. Zacks Investment Research upgraded shares of MACOM Technology Solutions Holdings from a "hold" rating to a "buy" rating and set a $55.00 price target on the stock in a research note on Wednesday, April 5th. Needham & Company LLC upped their target price on shares of MACOM Technology Solutions Holdings from $54.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, April 26th. Stifel Nicolaus upped their target price on MACOM Technology Solutions Holdings from $60.00 to $64.00 and gave the company a buy rating in a report on Tuesday, June 6th. Finally, Jefferies Group LLC upped their price target on shares of MACOM Technology Solutions Holdings from $55.00 to $58.00 and gave the stock a "buy" rating in a report on Friday, April 28th. The company now has an average rating of "Buy" and an average target price of $60.17. The shares were sold at an average price of $59.95, for a total value of $253,288.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 533 MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares with value of $32,401 were sold by Virk Preetinder S. Kennedy John Francis also sold $610,063 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares. Moving averages can help identify trends and price reversals. The disclosure for this sale can be found here. Insiders have sold a total of 476,813 shares of company stock valued at $27,555,870 over the last quarter.

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