MACOM Technology Solutions Holdings Inc (MTSI)’s Trend Up, Especially After Today’s Strong Session

September 17, 2017 - By Nellie Frank

Investors sentiment increased to 1.07 in 2016 Q4. 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.
Paradigm Asset Mgmt Ltd Liability Corp owns 16,700 shares or 0% of their US portfolio. Moreover, Portolan Mgmt Ltd Llc has 0.32% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Nationwide Fund Advsr holds 0.02% or 102,207 shares. Guggenheim Capital Limited Liability Corporation owns 14,865 shares. Bnp Paribas Partners Sa invested in 225,171 shares. American Century Cos holds 47,485 shares. Assetmark Incorporated holds 757 shares. Teachers Retirement System Of The State Of Kentucky reported 26,119 shares. State Common Retirement Fund accumulated 0% or 37,035 shares. The Japan-based Asset Mngmt One has invested 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Sit Invest Assoc holds 66,350 shares. Next Century Growth Invsts Lc accumulated 278,912 shares. Northern Trust Corporation reported 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). State Board Of Administration Of Florida Retirement Systems accumulated 6,845 shares. Granite Point Mgmt Lp owns 0.74% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 20,000 shares.

Since March 30, 2017, it had 0 insider buys, and 23 insider sales for $34.17 million activity. Behfar Alex sold 11,209 shares worth $625,032. Croteau John sold $5.12 million worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Monday, April 3. Shares for $264,405 were sold by Dennehy Robert on Friday, May 12. 10,750 shares were sold by Kennedy John Francis, worth $610,063. BLAND CHARLES R also sold $45,225 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares. $28,420 worth of stock was sold by OCAMPO JOHN L on Wednesday, May 17.

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.

Wall Street await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to release earnings on November, 21. Analysts forecast earnings per share of $0.31, down exactly $0.13 or 29.55 % from 2014’s $0.44 EPS. The expected MTSI’s profit could reach $19.89M giving the stock 36.58 P/E in the case that $0.31 earnings per share is reported. After posting $0.50 EPS for the previous quarter, MACOM Technology Solutions Holdings Inc’s analysts now forecast -38.00 % negative 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. Barclays Capital maintained it with “Overweight” rating and $63 target in Wednesday, August 2 report. On Tuesday, August 18 the stock rating was reinitiated by Jefferies with “Buy”. The firm earned “Buy” rating on Monday, January 11 by Craig Hallum. Needham maintained the shares of MTSI in report on Tuesday, September 5 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Thursday, September 14 with “Buy”. Needham maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Wednesday, August 2 with “Buy” rating. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Needham on Friday, December 18. The firm has “Buy” rating given on Monday, July 10 by Jefferies. Barclays Capital maintained the shares of MTSI in report on Friday, March 11 with “Overweight” rating. The firm earned “Market Perform” rating on Thursday, September 14 by Raymond James.

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