Aureus Asset Management LLC Has Cut Its Stake in M/A (MTSI) by $4.29 Million

April 25, 2018 - By Winifred Garcia

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) LogoInvestors sentiment decreased to 0.94 in 2017 Q4. Its down 0.14, from 1.08 in 2017Q3. It worsened, as 41 investors sold MTSI shares while 43 reduced holdings. 23 funds opened positions while 56 raised stakes. 57.67 million shares or 3.59% more from 55.67 million shares in 2017Q3 were reported. Patten And Patten Tn reported 0.14% of its portfolio in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Cwm Lc, Nebraska-based fund reported 2 shares. Litespeed Mgmt Ltd Co stated it has 1.57% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Moreover, Frontier Management Lc has 0.72% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 3.02 million shares. Illinois-based Ubs Asset Management Americas has invested 0% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). California-based California State Teachers Retirement has invested 0% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Nj State Employees Deferred Compensation Plan, a New Jersey-based fund reported 14,000 shares. Dimensional Fund Advisors LP owns 311,816 shares. Montag And Caldwell Limited Liability invested in 0.01% or 8,047 shares. Ruggie Cap Gp holds 0% of its portfolio in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 5 shares. 7.92M are held by Ameriprise. J Goldman LP has invested 0.1% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Moreover, Endurance Wealth Inc has 0% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 54 shares. Kennedy Capital Mgmt holds 106,595 shares. Jpmorgan Chase And stated it has 0% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI).

Since January 3, 2018, it had 2 buys, and 5 sales for $215,296 activity. On Wednesday, January 3 the insider Croteau John sold $70,108. The insider Dennehy Robert bought $204,300. 5,000 shares valued at $106,875 were bought by Hwang Donghyun Thomas on Thursday, February 22.

Aureus Asset Management Llc decreased its stake in M/A (MTSI) by 41.68% based on its latest 2017Q4 regulatory filing with the SEC. Aureus Asset Management Llc sold 134,080 shares as the company’s stock declined 50.63% with the market. The institutional investor held 187,622 shares of the technology company at the end of 2017Q4, valued at $6.11 million, down from 321,702 at the end of the previous reported quarter. Aureus Asset Management Llc who had been investing in M/A for a number of months, seems to be less bullish one the $1.09 billion market cap company. The stock increased 1.98% or $0.33 during the last trading session, reaching $16.99. About 891,058 shares traded. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has declined 63.40% since April 25, 2017 and is downtrending. It has underperformed by 74.95% the S&P500.

Aureus Asset Management Llc, which manages about $874.10M and $645.96 million US Long portfolio, upped its stake in Healthequity Inc (NASDAQ:HQY) by 69,120 shares to 247,762 shares, valued at $11.56 million in 2017Q4, according to the filing.

Analysts await MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) to report earnings on May, 1 after the close. They expect $-0.02 earnings per share, down 104.44 % or $0.47 from last year’s $0.45 per share. After $-0.27 actual earnings per share reported by MACOM Technology Solutions Holdings, Inc. for the previous quarter, Wall Street now forecasts -92.59 % EPS growth.

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

Among 12 analysts covering MACOM Technology (NASDAQ:MTSI), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. MACOM Technology had 16 analyst reports since November 15, 2017 according to SRatingsIntel. The stock of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has “Buy” rating given on Wednesday, February 7 by Craig Hallum. Barclays Capital downgraded the shares of MTSI in report on Wednesday, February 7 to “Hold” rating. Bank of America maintained MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) on Wednesday, February 7 with “Underperform” rating. The rating was maintained by Barclays Capital on Wednesday, November 15 with “Overweight”. The rating was maintained by JP Morgan on Wednesday, November 15 with “Overweight”. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, November 15. The rating was downgraded by Bank of America to “Underperform” on Wednesday, November 15. J.P. Morgan downgraded it to “Hold” rating and $26.0 target in Wednesday, February 7 report. The company was maintained on Wednesday, November 15 by Raymond James. DA Davidson upgraded the shares of MTSI in report on Friday, January 5 to “Buy” rating.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: