Segall Bryant & Hamill LLC Has $9.41 Million Holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Segall Bryant & Hamill LLC cut its holdings in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,456 shares of the semiconductor company’s stock after selling 30,711 shares during the period. Segall Bryant & Hamill LLC’s holdings in MACOM Technology Solutions were worth $9,413,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MTSI. UMB Bank n.a. lifted its holdings in shares of MACOM Technology Solutions by 74.3% during the 4th 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 in the last quarter. Empowered Funds LLC acquired a new position in shares of MACOM Technology Solutions in the fourth quarter valued at approximately $33,000. SBI Securities Co. Ltd. bought a new stake in shares of MACOM Technology Solutions during the fourth quarter worth $35,000. ORG Wealth Partners LLC acquired a new stake in shares of MACOM Technology Solutions during the fourth quarter worth $36,000. Finally, Smartleaf Asset Management LLC lifted its position in MACOM Technology Solutions by 97.2% in the 4th 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 in the last quarter. 76.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Susan Ocampo sold 97,527 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $124.08, for a total transaction of $12,101,150.16. Following the completion of the transaction, the director now directly owns 4,689,225 shares in the company, valued at approximately $581,839,038. The trade was a 2.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Donghyun Thomas Hwang sold 7,355 shares of the 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 completion of the sale, the senior vice president now owns 43,657 shares in the company, valued at approximately $5,806,381. This trade represents a 14.42 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 746,198 shares of company stock worth $92,503,343. Company insiders own 16.30% of the company’s stock.

Wall Street Analyst Weigh In

MTSI has been the subject of a number of research reports. Northland Securities raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $105.00 to $140.00 in a research note on Monday, February 10th. Benchmark reiterated a “buy” rating and set a $160.00 price objective on shares of MACOM Technology Solutions in a report on Monday, February 10th. Finally, Northland Capmk upgraded 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, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.50.

MACOM Technology Solutions Trading Down 5.9 %

Shares of MACOM Technology Solutions stock opened at $105.65 on Thursday. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $90.01 and a 12-month high of $152.50. 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 business’s 50 day moving average is $121.07 and its 200-day moving average is $122.51. The stock has a market cap of $7.85 billion, a P/E ratio of -73.37, a P/E/G ratio of 2.42 and a beta of 1.74.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.38). MACOM Technology Solutions had a negative net margin of 13.05% and a positive return on equity of 12.42%. Equities research analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

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.