Duality Advisers LP Purchases 152 Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Duality Advisers LP raised its position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,727 shares of the semiconductor company’s stock after purchasing an additional 152 shares during the quarter. Duality Advisers LP’s holdings in MACOM Technology Solutions were worth $253,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MTSI. Vanguard Group Inc. increased its stake in shares of MACOM Technology Solutions by 1.8% in the third quarter. Vanguard Group Inc. now owns 5,717,763 shares of the semiconductor company’s stock valued at $466,455,000 after buying an additional 101,938 shares during the period. Burney Co. acquired a new stake in shares of MACOM Technology Solutions in the third quarter valued at about $1,318,000. Penserra Capital Management LLC increased its stake in shares of MACOM Technology Solutions by 84.3% in the third quarter. Penserra Capital Management LLC now owns 95,114 shares of the semiconductor company’s stock valued at $7,759,000 after buying an additional 43,494 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of MACOM Technology Solutions by 12.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 440,481 shares of the semiconductor company’s stock valued at $35,934,000 after buying an additional 47,932 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of MACOM Technology Solutions in the fourth quarter valued at about $2,582,000. 76.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MTSI has been the subject of several recent research reports. TheStreet cut MACOM Technology Solutions from a “b” rating to a “c+” rating in a research note on Thursday, February 1st. Stifel Nicolaus increased their price target on MACOM Technology Solutions from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, April 18th. Evercore ISI started coverage on MACOM Technology Solutions in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $120.00 price target for the company. Barclays raised their target price on MACOM Technology Solutions from $80.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 16th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $85.00 target price on shares of MACOM Technology Solutions in a research note on Thursday, January 4th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.67.

Insider Buying and Selling at MACOM Technology Solutions

In other news, SVP Wayne Mack Struble sold 1,019 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $86.12, for a total value of $87,756.28. Following the transaction, the senior vice president now owns 15,649 shares in the company, valued at $1,347,691.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Wayne Mack Struble sold 1,019 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $86.12, for a total value of $87,756.28. Following the transaction, the senior vice president now owns 15,649 shares in the company, valued at $1,347,691.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Donghyun Thomas Hwang sold 9,397 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $92.24, for a total value of $866,779.28. Following the completion of the transaction, the senior vice president now owns 48,325 shares in the company, valued at approximately $4,457,498. The disclosure for this sale can be found here. Over the last quarter, insiders sold 811,058 shares of company stock valued at $68,674,574. Company insiders own 22.75% of the company’s stock.

MACOM Technology Solutions Trading Up 1.1 %

Shares of MACOM Technology Solutions stock opened at $101.71 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 5.69 and a current ratio of 7.24. MACOM Technology Solutions Holdings, Inc. has a 52 week low of $48.53 and a 52 week high of $104.90. The stock has a 50 day moving average price of $94.26 and a two-hundred day moving average price of $87.40. The stock has a market capitalization of $7.33 billion, a PE ratio of 97.80, a price-to-earnings-growth ratio of 6.37 and a beta of 1.64.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its quarterly earnings data on Thursday, February 1st. The semiconductor company reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates of $0.43. MACOM Technology Solutions had a return on equity of 14.85% and a net margin of 11.93%. The firm had revenue of $157.15 million during the quarter, compared to analysts’ expectations of $151.12 million. As a group, equities analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 2.02 earnings per share for the current fiscal 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.