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

Hel Ved Capital Management Ltd purchased a new position in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,000 shares of the semiconductor company’s stock, valued at approximately $520,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MTSI. UMB Bank n.a. raised its stake in MACOM Technology Solutions by 74.3% during the fourth quarter. UMB Bank n.a. now owns 237 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 101 shares during the period. Empowered Funds LLC purchased a new stake in shares of MACOM Technology Solutions during the 4th quarter valued at approximately $33,000. SBI Securities Co. Ltd. acquired a new position in MACOM Technology Solutions in the fourth quarter valued at approximately $35,000. ORG Wealth Partners LLC purchased a new position in MACOM Technology Solutions in the fourth quarter worth approximately $36,000. Finally, Smartleaf Asset Management LLC increased its stake in MACOM Technology Solutions by 97.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 138 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

MACOM Technology Solutions Stock Down 2.7 %

MACOM Technology Solutions stock opened at $89.66 on Friday. The firm has a market capitalization of $6.67 billion, a P/E ratio of -62.26, a P/E/G ratio of 2.42 and a beta of 1.74. The stock’s fifty day simple moving average is $114.42 and its 200-day simple moving average is $122.28. MACOM Technology Solutions Holdings, Inc. has a twelve month low of $84.10 and a twelve month high of $152.50. 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 posted 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%. As a group, equities analysts expect 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 97,527 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $124.08, for a total value of $12,101,150.16. Following the transaction, the director now owns 4,689,225 shares of the company’s stock, valued at $581,839,038. This represents a 2.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 sale, the director now owns 14,031 shares in the company, valued at approximately $1,706,309.91. This represents a 32.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 743,948 shares of company stock worth $92,210,640 in the last 90 days. Corporate insiders own 16.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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