Is MACOM Technology Solutions Holdings Inc (MTSI) a Buy? The Stock Rises Again

September 17, 2017 - By Dolores Ford

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.07, from 1 in 2016Q3. It improved, as 25 investors sold MACOM Technology Solutions Holdings Inc shares while 57 reduced holdings. 30 funds opened positions while 58 raised stakes. 40.64 million shares or 5.55% more from 38.50 million shares in 2016Q3 were reported.
S&Co Inc holds 0.06% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 6,670 shares. Wellington Mngmt Gru Ltd Liability Partnership accumulated 3.48M shares. Comerica Bancorp has 36,391 shares. Paloma Management Com has invested 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Boothbay Fund Management Limited owns 0.08% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 5,399 shares. First Mercantile Tru has 1,910 shares. Stevens Cap Mgmt L P invested in 0.01% or 5,469 shares. Employees Retirement Association Of Colorado holds 0.08% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 222,500 shares. Bnp Paribas has 0.1% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Pnc Fincl Serv Group Inc invested 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Silvercrest Asset Mngmt Group Lc holds 0.96% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 1.85M shares. Weatherbie Capital Limited Co holds 4.23% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 728,488 shares. Neuberger Berman Group Limited Liability Corporation accumulated 0.07% or 1.05 million shares. 52,950 are owned by Mayo Inv Advisers Ltd Liability Corp. Legal & General Grp Public Limited Company reported 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI).

Since March 30, 2017, it had 0 insider purchases, and 23 sales for $34.17 million activity. Shares for $28,420 were sold by OCAMPO JOHN L on Wednesday, May 17. Dennehy Robert had sold 5,489 shares worth $264,405. 250 shares were sold by BLAND CHARLES R, worth $11,610. The insider Croteau John sold 2,000 shares worth $96,858. $811,766 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was sold by Virk Preetinder S.. The insider MCMULLAN ROBERT sold $1.69M.

The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) is a huge mover today! The stock increased 4.42% or $1.92 on September 15, reaching $45.36. About 844,756 shares traded. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has risen 62.84% since September 17, 2016 and is uptrending. It has outperformed by 46.14% the S&P500.
The move comes after 9 months positive chart setup for the $2.91B company. It was reported on Sep, 17 by Barchart.com. We have $48.99 PT which if reached, will make NASDAQ:MTSI worth $232.80M more.

Analysts expect MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report $0.31 EPS on November, 21.They anticipate $0.13 EPS change or 29.55 % from last quarter’s $0.44 EPS. MTSI’s profit would be $19.89 million giving it 36.58 P/E if the $0.31 EPS is correct. After having $0.50 EPS previously, MACOM Technology Solutions Holdings Inc’s analysts see -38.00 % EPS growth.

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) Ratings Coverage

Among 9 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. M/A-Com Technology Solutions Holdings had 29 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, June 27 by Bank of America. As per Wednesday, July 29, the company rating was upgraded by Needham. Needham maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) rating on Friday, December 18. Needham has “Buy” rating and $46 target. As per Monday, June 26, the company rating was maintained by Needham. As per Wednesday, February 1, the company rating was maintained by Needham. Needham maintained the stock with “Buy” rating in Tuesday, September 5 report. The firm has “Buy” rating given on Tuesday, August 18 by Jefferies. The company was downgraded on Tuesday, September 20 by Goldman Sachs. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Outperform” rating given on Tuesday, October 13 by Barclays Capital. Jefferies maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Monday, September 11 with “Buy” rating.

More notable recent MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) news were published by: Seekingalpha.com which released: “MACOM Technology Solutions Holdings (MTSI) Q1 2017 Results – Earnings Call …” on February 01, 2017, also Fool.com with their article: “Why MACOM Technology Solutions Holdings Inc. Shares Dropped Today” published on April 26, 2017, Nasdaq.com published: “MACOM Technology Solutions Holdings Reaches Analyst Target Price” on July 13, 2017. More interesting news about MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) were released by: Seekingalpha.com and their article: “Headwinds Could Easily Turn Into Tailwinds At MACOM” published on August 17, 2017 as well as Seekingalpha.com‘s news article titled: “MACOM Technology Solutions Holdings (MTSI) Q3 2017 Results – Earnings Call …” with publication date: August 02, 2017.

MACOM Technology Solutions Holdings, Inc. is a well-known provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency , microwave, millimeterwave and photonic spectrum. The company has market cap of $2.91 billion. 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. It currently has negative earnings. It also offers foundry services.

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