4,000 Shares in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Acquired by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd purchased a new stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,000 shares of the semiconductor company’s stock, valued at approximately $520,000.

A number of other hedge funds have also bought and sold shares of the stock. ExodusPoint Capital Management LP grew its holdings in shares of MACOM Technology Solutions by 198.8% during the fourth quarter. ExodusPoint Capital Management LP now owns 113,134 shares of the semiconductor company’s stock valued at $14,697,000 after buying an additional 75,273 shares during the last quarter. Bryce Point Capital LLC purchased a new stake in MACOM Technology Solutions during the 4th quarter valued at about $1,492,000. Massachusetts Financial Services Co. MA acquired a new position in shares of MACOM Technology Solutions in the fourth quarter valued at about $31,260,000. Geode Capital Management LLC raised its stake in shares of MACOM Technology Solutions by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,022,565 shares of the semiconductor company’s stock worth $132,882,000 after purchasing an additional 6,784 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of MACOM Technology Solutions during the fourth quarter worth about $14,645,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on MTSI. Northland Securities raised shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $105.00 to $140.00 in a research report on Monday, February 10th. Benchmark reissued a “buy” rating and set a $160.00 target price on shares of MACOM Technology Solutions in a report on Monday, February 10th. Finally, Northland Capmk raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, February 10th. Two equities 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 stock. Based on data from MarketBeat.com, MACOM Technology Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $131.50.

MACOM Technology Solutions Stock Down 2.7 %

Shares of MTSI opened at $89.66 on Friday. The firm has a market cap of $6.67 billion, a P/E ratio of -62.26, a PEG ratio of 2.42 and a beta of 1.74. MACOM Technology Solutions Holdings, Inc. has a 12 month low of $84.10 and a 12 month high of $152.50. The stock’s 50 day moving average is $114.42 and its two-hundred day moving average is $122.28. The company has a current ratio of 3.61, a quick ratio of 2.88 and a debt-to-equity ratio of 0.33.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.40 earnings per share (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%. Analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Susan Ocampo sold 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.13, for a total transaction of $37,239,000.00. Following the completion of the sale, the director now directly owns 4,823,636 shares in the company, valued at approximately $598,757,936.68. The trade was a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Geoffrey G. Ribar sold 6,656 shares of the firm’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $121.61, for a total value of $809,436.16. Following the completion of the transaction, the director now owns 14,031 shares in the company, valued at $1,706,309.91. The trade was a 32.17 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 743,948 shares of company stock worth $92,210,640. Corporate insiders own 16.30% of the company’s stock.

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.