SG Americas Securities LLC Acquires Shares of 4,354 MACOM Technology Solutions Holdings Inc (MTSI)

SG Americas Securities LLC acquired a new position in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,354 shares of the semiconductor company’s stock, valued at approximately $194,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Advisor Group Inc. boosted its holdings in shares of MACOM Technology Solutions by 6.6% in the second quarter. Advisor Group Inc. now owns 2,300 shares of the semiconductor company’s stock worth $128,000 after buying an additional 143 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of MACOM Technology Solutions by 10.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,174 shares of the semiconductor company’s stock worth $121,000 after buying an additional 199 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of MACOM Technology Solutions by 6.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,799 shares of the semiconductor company’s stock worth $435,000 after buying an additional 503 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of MACOM Technology Solutions by 3.1% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 26,938 shares of the semiconductor company’s stock worth $1,502,000 after buying an additional 819 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of MACOM Technology Solutions by 32.0% in the second quarter. Ameritas Investment Partners Inc. now owns 3,561 shares of the semiconductor company’s stock worth $199,000 after buying an additional 864 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors.

A number of research firms recently issued reports on MTSI. BidaskClub raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Thursday. ValuEngine raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Monday, December 11th. Barclays lowered their price target on shares of MACOM Technology Solutions from $50.00 to $40.00 and set an “overweight” rating on the stock in a report on Wednesday, November 15th. J P Morgan Chase & Co lowered their price target on shares of MACOM Technology Solutions from $55.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, November 15th. Finally, lowered their price target on shares of MACOM Technology Solutions from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $42.10.

Shares of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) opened at $33.52 on Friday. The stock has a market cap of $2,150.00, a P/E ratio of -13.57, a PEG ratio of 1.66 and a beta of 1.31. The company has a current ratio of 4.81, a quick ratio of 3.64 and a debt-to-equity ratio of 0.87. MACOM Technology Solutions Holdings Inc has a 1 year low of $29.73 and a 1 year high of $65.99.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). The company had revenue of $166.40 million for the quarter, compared to the consensus estimate of $171.80 million. MACOM Technology Solutions had a negative net margin of 24.26% and a positive return on equity of 15.05%. The company’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.54 EPS. sell-side analysts expect that MACOM Technology Solutions Holdings Inc will post 0.95 EPS for the current year.

In other news, CEO John Croteau sold 2,000 shares of MACOM Technology Solutions stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $31.94, for a total transaction of $63,880.00. Following the sale, the chief executive officer now owns 149,219 shares in the company, valued at $4,766,054.86. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last quarter, insiders have sold 5,250 shares of company stock worth $205,225. Company insiders own 42.30% of the company’s stock.

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About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.

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Institutional Ownership by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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