MACOM Technology Solutions Holdings Inc (MTSI) Has Another Very Strong Trading Session

September 17, 2017 - By Migdalia James

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.07, from 1 in 2016Q3. It increased, 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.
Parametric Portfolio Assoc Ltd Com, a Washington-based fund reported 30,132 shares. Moreover, Engineers Gate Manager Limited Partnership has 0.1% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Vanguard Grp reported 2.32M shares. Mayo Advisers Ltd Liability Com holds 0.51% or 52,950 shares in its portfolio. American Century holds 0% or 47,485 shares. Avalon Advsrs Ltd Llc invested in 0.04% or 25,721 shares. Blackrock Group Limited holds 77,874 shares or 0% of its portfolio. Morgan Stanley has invested 0% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Boothbay Fund Mngmt Ltd Liability Co owns 5,399 shares. Thompson Davis And holds 0.02% or 250 shares in its portfolio. Guggenheim Ltd Co holds 14,865 shares. Denver Invest stated it has 15,930 shares. Citigroup has invested 0% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Sheets Smith Wealth Mngmt holds 0.25% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 19,113 shares. Loomis Sayles & Ltd Partnership holds 124,252 shares or 0.01% of its portfolio.

Since March 30, 2017, it had 0 buys, and 23 selling transactions for $34.17 million activity. $96,858 worth of stock was sold by Croteau John on Monday, May 1. Another trade for 2,000 shares valued at $120,020 was sold by VAN LUNSEN GIL J. $11,610 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares were sold by BLAND CHARLES R. The insider Kennedy John Francis sold 10,750 shares worth $610,063. Behfar Alex sold $625,032 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Tuesday, May 16. Dennehy Robert also sold $957,249 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Tuesday, May 16.

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.

Analysts await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report earnings on November, 21. They expect $0.31 EPS, down 29.55 % or $0.13 from last year’s $0.44 per share. MTSI’s profit will be $19.89 million for 36.58 P/E if the $0.31 EPS becomes a reality. After $0.50 actual EPS reported by MACOM Technology Solutions Holdings Inc for the previous quarter, Wall Street now forecasts -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. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has “Buy” rating given on Monday, July 10 by Jefferies. Stifel Nicolaus maintained it with “Buy” rating and $48 target in Wednesday, January 27 report. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Overweight” rating by Barclays Capital on Friday, March 11. Needham maintained it with “Buy” rating and $6500 target in Monday, June 26 report. Goldman Sachs reinitiated MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) on Wednesday, February 3 with “Buy” rating. As per Friday, December 18, the company rating was maintained by Needham. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Stifel Nicolaus on Thursday, December 3. On Tuesday, August 18 the stock rating was reinitiated by Jefferies with “Buy”. Barclays Capital maintained the shares of MTSI in report on Wednesday, August 2 with “Overweight” rating. Jefferies maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) rating on Wednesday, August 2. Jefferies has “Buy” rating and $6100 target.

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