SBI Securities Co. Ltd. Purchases New Stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

SBI Securities Co. Ltd. acquired a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 271 shares of the semiconductor company’s stock, valued at approximately $35,000.

Several other institutional investors have also added to or reduced their stakes in MTSI. UMB Bank n.a. raised its holdings in MACOM Technology Solutions by 74.3% in the 4th quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 101 shares in the last quarter. Empowered Funds LLC bought a new position in MACOM Technology Solutions in the 4th quarter worth $33,000. ORG Wealth Partners LLC bought a new position in MACOM Technology Solutions in the 4th quarter worth $36,000. Smartleaf Asset Management LLC raised its holdings 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 worth $36,000 after purchasing an additional 138 shares in the last quarter. Finally, Quarry LP bought a new position in MACOM Technology Solutions in the 3rd quarter worth $57,000. 76.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 7,355 shares of the company’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $133.00, for a total transaction of $978,215.00. Following the transaction, the senior vice president now owns 43,657 shares in the company, valued at approximately $5,806,381. This represents a 14.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Kober sold 2,250 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $130.09, for a total transaction of $292,702.50. Following the transaction, the chief financial officer now owns 49,239 shares in the company, valued at $6,405,501.51. This represents a 4.37 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 746,198 shares of company stock worth $92,503,343. Company insiders own 16.30% of the company’s stock.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock opened at $100.93 on Wednesday. MACOM Technology Solutions Holdings, Inc. has a one year low of $88.18 and a one year high of $152.50. The company’s 50-day moving average is $126.84 and its 200 day moving average is $122.25. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of -70.09, a price-to-earnings-growth ratio of 2.42 and a beta of 1.74. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.88 and a current ratio of 3.61.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.40 EPS for the quarter, missing the consensus estimate 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%. Sell-side analysts expect that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MTSI. Benchmark reaffirmed a “buy” rating and issued a $160.00 target price on shares of MACOM Technology Solutions in a research report on Monday, February 10th. Northland Capmk raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 10th. Finally, Northland Securities raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $105.00 to $140.00 in a research report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and an average price target of $131.50.

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.