M (NASDAQ:MTSI) Institutional Investors Quarterly Sentiment

June 16, 2018 - By Marguerite Chambers

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

Sentiment for M (NASDAQ:MTSI)

M (NASDAQ:MTSI) institutional sentiment increased to 1.35 in Q1 2018. Its up 0.41, from 0.94 in 2017Q4. The ratio has improved, as 81 hedge funds increased or opened new holdings, while 60 decreased and sold their stakes in M. The hedge funds in our partner’s database now possess: 59.38 million shares, up from 57.67 million shares in 2017Q4. Also, the number of hedge funds holding M in their top 10 holdings decreased from 3 to 1 for a decrease of 2. Sold All: 29 Reduced: 31 Increased: 53 New Position: 28.

MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, creates and makes analog RF, microwave, millimeter wave, and photonic semiconductor solutions in the United States, the Asia Pacific, and internationally. The company has market cap of $1.60 billion. The firm offers a portfolio of standard and custom devices, which include integrated circuits, multi-chip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems for approximately 40 product lines. It currently has negative earnings. The Company’s semiconductor products are electronic components that are incorporated in electronic systems, such as point-to-point wireless backhaul radios, high density networks, active antenna arrays, radars, magnetic resonance imaging systems, and unmanned aerial vehicles.

The stock decreased 1.24% or $0.31 during the last trading session, reaching $24.68. About 513,926 shares traded. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has declined 62.38% since June 16, 2017 and is downtrending. It has underperformed by 74.95% the S&P500.

Colrain Capital Llc holds 2.18% of its portfolio in MACOM Technology Solutions Holdings, Inc. for 124,275 shares. Summit Creek Advisors Llc owns 203,688 shares or 0.61% of their US portfolio. Moreover, Frontier Capital Management Co Llc has 0.42% invested in the company for 3.50 million shares. The Texas-based Segment Wealth Management Llc has invested 0.37% in the stock. Granite Investment Partners Llc, a California-based fund reported 295,218 shares.

Since January 1, 0001, it had 4 insider buys, and 9 insider sales for $1.84 million activity.

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

Ratings analysis reveals 50% of MACOM Technology’s analysts are positive. Out of 10 Wall Street analysts rating MACOM Technology, 5 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $18 while the high is $43. The stock’s average target of $28.20 is 14.26% above today’s ($24.68) share price. MTSI was included in 14 notes of analysts from January 5, 2018. Needham maintained the stock with “Buy” rating in Wednesday, May 2 report. Stifel Nicolaus maintained MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) rating on Friday, April 27. Stifel Nicolaus has “Hold” rating and $18 target. DA Davidson maintained it with “Buy” rating and $32.0 target in Wednesday, February 7 report. The firm has “Buy” rating given on Wednesday, February 7 by Jefferies. Stifel Nicolaus maintained the shares of MTSI in report on Tuesday, February 6 with “Hold” rating. The rating was maintained by Craig Hallum on Wednesday, February 7 with “Buy”. Bank of America maintained the stock with “Underperform” rating in Wednesday, February 7 report. The firm earned “Hold” rating on Wednesday, February 7 by Barclays Capital. The firm earned “Buy” rating on Wednesday, May 2 by Craig Hallum. The firm has “Buy” rating by DA Davidson given on Friday, January 5.

Another recent and important MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) news was published by Digitaljournal.com which published an article titled: “Lawsuit for Investors Who Held Shares of Applied Micro Circuits Corporation (NASDAQ: AMCC) Announced by …” on June 11, 2018.

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

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