Aureus Asset Management LLC Has $14.35 Million Stake in MACOM Technology Solutions Holdings, Inc. (MTSI)

Aureus Asset Management LLC lifted its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 10.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 321,702 shares of the semiconductor company’s stock after purchasing an additional 29,230 shares during the quarter. MACOM Technology Solutions accounts for 2.3% of Aureus Asset Management LLC’s holdings, making the stock its 18th biggest holding. Aureus Asset Management LLC owned approximately 0.50% of MACOM Technology Solutions worth $14,351,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its stake in MACOM Technology Solutions by 122.6% in the third quarter. Ameriprise Financial Inc. now owns 6,277,406 shares of the semiconductor company’s stock valued at $280,034,000 after buying an additional 3,457,245 shares in the last quarter. Vanguard Group Inc. boosted its stake in MACOM Technology Solutions by 8.5% in the second quarter. Vanguard Group Inc. now owns 3,444,631 shares of the semiconductor company’s stock valued at $192,107,000 after buying an additional 269,836 shares in the last quarter. Frontier Capital Management Co. LLC boosted its stake in MACOM Technology Solutions by 60.6% in the third quarter. Frontier Capital Management Co. LLC now owns 3,401,434 shares of the semiconductor company’s stock valued at $151,738,000 after buying an additional 1,283,603 shares in the last quarter. BlackRock Inc. boosted its stake in MACOM Technology Solutions by 16.7% in the second quarter. BlackRock Inc. now owns 2,394,921 shares of the semiconductor company’s stock valued at $133,565,000 after buying an additional 342,102 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in MACOM Technology Solutions by 3.2% in the third quarter. Jennison Associates LLC now owns 2,140,833 shares of the semiconductor company’s stock valued at $95,503,000 after buying an additional 65,664 shares in the last quarter. 88.18% of the stock is currently owned by institutional investors.

In other MACOM Technology Solutions news, insider John Croteau sold 2,000 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $45.20, for a total value of $90,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 3,000 shares of company stock valued at $133,190 over the last quarter. Corporate insiders own 57.10% of the company’s stock.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) opened at $32.39 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 4.81 and a quick ratio of 3.64. The company has a market capitalization of $2,073.79, a PE ratio of 18.98, a price-to-earnings-growth ratio of 1.59 and a beta of 1.31. 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 posted its earnings results on Tuesday, November 14th. The semiconductor company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). The firm had revenue of $166.40 million during 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%. MACOM Technology Solutions’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 earnings per share. equities research analysts anticipate that MACOM Technology Solutions Holdings, Inc. will post 0.95 EPS for the current fiscal year.

Several analysts recently weighed in on MTSI shares. Jefferies Group set a $61.00 price objective on MACOM Technology Solutions and gave the company a “buy” rating in a research note on Wednesday, October 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $56.00 price objective on shares of MACOM Technology Solutions in a research note on Tuesday, September 5th. Craig Hallum reaffirmed a “buy” rating and issued a $54.00 price objective on shares of MACOM Technology Solutions in a research note on Tuesday, October 3rd. reduced their price objective on MACOM Technology Solutions from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Finally, Stifel Nicolaus lowered MACOM Technology Solutions from a “buy” rating to a “hold” rating and reduced their price objective for the company from $57.00 to $43.00 in a research note on Monday, October 16th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. MACOM Technology Solutions presently has a consensus rating of “Hold” and an average target price of $42.10.

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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.

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

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