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

Cwm LLC grew its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 16.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,689 shares of the semiconductor company’s stock after buying an additional 238 shares during the period. Cwm LLC’s holdings in MACOM Technology Solutions were worth $188,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on MTSI shares. Barclays upped their price objective 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. Needham & Company LLC raised their price target on shares of MACOM Technology Solutions from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 2nd. Stifel Nicolaus boosted their price objective on shares of MACOM Technology Solutions from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Benchmark restated a “buy” rating and set a $120.00 target price on shares of MACOM Technology Solutions in a report on Thursday, September 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of MACOM Technology Solutions from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and an average target price of $117.00.

Insider Buying and Selling

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

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $115.57 on Thursday. The stock has a market cap 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 price of $107.13 and a two-hundred day moving average price of $104.76. MACOM Technology Solutions Holdings, Inc. has a one year low of $68.58 and a one year high of $118.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 8.18 and a quick ratio of 6.33.

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

MACOM Technology Solutions 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.