Cwm LLC Has $188,000 Stock Position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Cwm LLC increased its stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 16.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,689 shares of the semiconductor company’s stock after purchasing an additional 238 shares during the period. Cwm LLC’s holdings in MACOM Technology Solutions were worth $188,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in MACOM Technology Solutions by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 6,194,008 shares of the semiconductor company’s stock valued at $592,395,000 after buying an additional 465,759 shares during the period. Sei Investments Co. boosted its position in shares of MACOM Technology Solutions by 14.4% during the 1st quarter. Sei Investments Co. now owns 297,615 shares of the semiconductor company’s stock worth $28,464,000 after acquiring an additional 37,407 shares in the last quarter. Tidal Investments LLC increased its stake in MACOM Technology Solutions by 175.1% in the first quarter. Tidal Investments LLC now owns 11,032 shares of the semiconductor company’s stock valued at $1,055,000 after acquiring an additional 7,022 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in MACOM Technology Solutions by 12.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,388,750 shares of the semiconductor company’s stock valued at $132,821,000 after purchasing an additional 154,066 shares in the last quarter. Finally, Thornburg Investment Management Inc. lifted its stake in MACOM Technology Solutions by 44.1% during the first quarter. Thornburg Investment Management Inc. now owns 94,819 shares of the semiconductor company’s stock worth $9,088,000 after purchasing an additional 29,004 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Insider Activity at MACOM Technology Solutions

In related news, Director Susan Ocampo sold 305,395 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $106.48, for a total transaction of $32,518,459.60. Following the transaction, the director now directly owns 6,550,889 shares of the company’s stock, valued at $697,538,660.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 21,012 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $109.40, for a total value of $2,298,712.80. Following the sale, the chief executive officer now directly owns 64,472 shares in the company, valued at $7,053,236.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Susan Ocampo sold 305,395 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $106.48, for a total transaction of $32,518,459.60. Following the sale, the director now directly owns 6,550,889 shares in the company, valued at approximately $697,538,660.72. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 654,861 shares of company stock valued at $69,430,533. 22.75% of the stock is owned by insiders.

Analysts Set New Price Targets

MTSI has been the subject of a number of research analyst reports. Benchmark reissued a “buy” rating and set a $120.00 price target on shares of MACOM Technology Solutions in a report on Thursday, September 12th. Stifel Nicolaus boosted their target price on shares of MACOM Technology Solutions from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Needham & Company LLC boosted their price objective on MACOM Technology Solutions from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. upped their price objective on MACOM Technology Solutions from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Finally, Barclays raised their target price on MACOM Technology Solutions from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $117.00.

MACOM Technology Solutions Stock Performance

NASDAQ:MTSI opened at $115.57 on Thursday. The firm has a market capitalization of $8.33 billion, a P/E ratio of 131.33, a P/E/G ratio of 4.35 and a beta of 1.70. The company has a fifty day moving average of $107.13 and a 200-day moving average of $104.76. The company has a quick ratio of 6.33, a current ratio of 8.18 and a debt-to-equity ratio of 0.45. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $68.58 and a twelve month high of $118.76.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, August 1st. The semiconductor company reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The business had revenue of $190.50 million during the quarter, compared to analyst estimates of $190.42 million. MACOM Technology Solutions had a net margin of 10.59% and a return on equity of 12.59%. MACOM Technology Solutions’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. As a group, sell-side analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 1.89 EPS 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.