Earnings Forecast of MACOM Technology Solutions Holdings, Inc. (MTSI)

Tuesday, 17 Oct, 2017

(NASDAQ:MTSI) by 8.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,576,133 shares of the semiconductor company's stock after selling 264,670 shares during the period. MACOM Technology Solutions Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Bland Charles R has sold 500 shares of MACOM Technology Solutions Holdings, Inc. Botty Investors Llc sold 6,233 shares as Macom Technology Solutions Inc (MTSI)'s stock rose 15.15%.

Analysts await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report earnings on November, 21. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -118%. Putnam Llc has invested 0.01% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Frontier Capital Management Co. LLC now owns 2,117,831 shares of the semiconductor company's stock worth $118,111,000 after purchasing an additional 1,816,972 shares during the period. The California-based Wells Fargo Mn has invested 0.01% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). $96,858 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was sold by Croteau John. Stifel Nicolaus restated a "buy" rating and issued a $64.00 price objective on shares of MACOM Technology Solutions Holdings in a report on Friday, July 14th. Jefferies maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Monday, September 11 with "Buy" rating.

MACOM Technology Solutions Holdings, Inc. was covered by a number of analysts recently, 2 rated the stock as Buy, 3 rated Hold, 0 rated sell and 0 gave an Underperform. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has "Overweight" rating given on Wednesday, August 2 by Barclays Capital. M/A-Com Technology Solutions Holdings had 30 analyst reports since July 29, 2015 according to SRatingsIntel. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold".

09/14/2017 - Raymond James began new coverage on M/A-COM Technology Solutions Holdings, Inc. giving the company a "market perform" rating.

COPYRIGHT VIOLATION NOTICE: "Vanguard Group Inc". 299,500 MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares with value of $17.17M were sold by OCAMPO JOHN L. On Wednesday, May 17 Murphy Michael T. sold $1.04 million worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 18,235 shares.

WARNING: This article was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was stolen and republished in violation of United States and global copyright law. Sumitomo Mitsui Asset Mgmt Limited has 0.46% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 510,480 shares. Over the past month the firm's stock is 14.67%, -2.42% for the last quarter, -10.59% for the past six-months and -3.43% for the a year ago. The shares were sold at an average price of $60.76, for a total value of $121,520.00. The Company also offers foundry services. Following the sale, the insider now owns 51,200 shares in the company, valued at $3,110,912. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 23,892 shares of company stock valued at $1,418,593. Corporate insiders own 57.10% of the company's stock. M/A-COM Technology Solutions Holdings, Inc. has a 52-week low of 35.33 and a 52-week high of 65.99. (NASDAQ:MTSI) opened at 36.585 on Tuesday. (NASDAQ:MTSI)'s stock about -21.80% from the 50-day high and -7.65% away from the 50-day low. The stock's market cap is $2.67 billion. After $0.50 actual EPS reported by MACOM Technology Solutions Holdings Inc for the previous quarter, Wall Street now forecasts -38.00% negative EPS growth. During the same period past year, the company posted $0.51 EPS. MACOM Technology Solutions Holdings had a positive return on equity of 17.21% and a negative net margin of 22.43%. The business had revenue of $194.56 million during the quarter, compared to analysts' expectations of $194.93 million. However, -4.26% over the last one month, -31.46% for the last quarter and year to date performance stands at -10.13%. The firm's revenue for the quarter was up 36.7% on a year-over-year basis.

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. The Company has multiple design centers, silicon (Si), gallium arsenide (GaAs) and indium phosphide (InP) fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia.