Corient Private Wealth LLC Has $394,000 Stock Holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

Corient Private Wealth LLC raised its holdings in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 4.7% in the fourth quarter, Holdings Channel reports. The fund owned 3,033 shares of the semiconductor company’s stock after acquiring an additional 136 shares during the period. Corient Private Wealth LLC’s holdings in MACOM Technology Solutions were worth $394,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of MTSI. UMB Bank n.a. increased its stake 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 valued at $31,000 after buying an additional 101 shares during the last quarter. Empowered Funds LLC bought a new stake in MACOM Technology Solutions in the 4th quarter valued at about $33,000. SBI Securities Co. Ltd. bought a new position in MACOM Technology Solutions during the 4th quarter worth $35,000. ORG Wealth Partners LLC bought a new stake in MACOM Technology Solutions during the fourth quarter worth about $36,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of MACOM Technology Solutions by 97.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 280 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 138 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO John Kober sold 2,250 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $130.09, for a total transaction of $292,702.50. Following the sale, the chief financial officer now owns 49,239 shares in the company, valued at approximately $6,405,501.51. This represents a 4.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 $5,806,381. The trade was a 14.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 746,198 shares of company stock worth $92,503,343 over the last ninety days. Corporate insiders own 16.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MTSI. Northland Capmk upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. Benchmark reissued a “buy” rating and set a $160.00 target price on shares of MACOM Technology Solutions 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 raised their price objective 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 issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, MACOM Technology Solutions has an average rating of “Moderate Buy” and a consensus price target of $131.50.

MACOM Technology Solutions Stock Down 3.4 %

MACOM Technology Solutions stock opened at $98.47 on Monday. 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 Holdings, Inc. has a 12 month low of $90.01 and a 12 month high of $152.50. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of -68.38, a PEG ratio of 2.42 and a beta of 1.74. The stock has a fifty day simple moving average of $119.31 and a two-hundred day simple moving average of $122.70.

MACOM Technology Solutions (NASDAQ:MTSI) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.38). MACOM Technology Solutions had a positive return on equity of 12.42% and a negative net margin of 13.05%. Equities analysts predict that MACOM Technology Solutions Holdings, Inc. will post 2.43 EPS for the current fiscal year.

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.