MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.750-0.810 for the period, compared to the consensus earnings per share estimate of 0.750. The company issued revenue guidance of $212.0 million-$218.0 million, compared to the consensus revenue estimate of $204.1 million. MACOM Technology Solutions also updated its Q1 guidance to $0.75-0.81 EPS.
Analysts Set New Price Targets
Several research firms recently weighed in on MTSI. Barclays raised their price objective on MACOM Technology Solutions from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Needham & Company LLC lifted their price objective on MACOM Technology Solutions from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Benchmark reaffirmed a “buy” rating and issued a $120.00 price objective on shares of MACOM Technology Solutions in a research report on Thursday, September 12th. Stifel Nicolaus lifted their target price on MACOM Technology Solutions from $115.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Finally, JPMorgan Chase & Co. lifted their target price on MACOM Technology Solutions from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $120.00.
Read Our Latest Research Report on MACOM Technology Solutions
MACOM Technology Solutions Stock Up 10.6 %
Insider Activity at MACOM Technology Solutions
In other news, CFO John Kober sold 2,671 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $117.47, for a total transaction of $313,762.37. Following the completion of the transaction, the chief financial officer now directly owns 47,221 shares of the company’s stock, valued at approximately $5,547,050.87. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other MACOM Technology Solutions news, CEO Stephen G. Daly sold 21,012 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $109.40, for a total value of $2,298,712.80. Following the completion of the sale, the chief executive officer now directly owns 64,472 shares in the company, valued at $7,053,236.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John Kober sold 2,671 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $117.47, for a total value of $313,762.37. Following the completion of the sale, the chief financial officer now owns 47,221 shares of the company’s stock, valued at $5,547,050.87. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 669,396 shares of company stock valued at $71,106,808 over the last three months. 22.75% of the stock is owned by insiders.
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.
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