The most recent filing that the company has made with the Securities and Exchange Commission (SEC) indicates that during the third quarter, Lisanti Capital Growth LLC bought a new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI). The investment fund purchased a total of 24,180 shares of stock in the semiconductor manufacturer at approximately $1,252,000.
Several additional institutional investors have recently made modifications to the proportion of the company’s stock that they own at their respective institutions. The Oregon Public Employees Retirement Fund invested in MACOM Technology Solutions to 740 thousand dollars during the third quarter of the fiscal year. New investment in MACOM Technology Solutions was made by the Great West Life Assurance Company of Canada during the third quarter of this fiscal year. Approximately 1,597,000 dollars were the value of this new investment. Jennison Associates LLC increased the proportion of MACOM Technology Solutions in which it has invested by 5.2% during the third quarter. Following the acquisition of a further 28,370 shares over the quarter, Jennison Associates LLC now has 573,602 shares of the stock held by the semiconductor company in its possession. There is a value of $29,707,000 attached to these shares. A brand new investment of $405,000 was made in MACOM Technology Solutions during the third quarter by the New York State Teachers Retirement System. And finally, during the third quarter, Comerica Bank invested approximately $1,247,000 into MACOM Technology Solutions to acquire a new stake in the company. To the tune of 74.93% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
The NASDAQ MTSI market opened for trading on Tuesday with an opening price of $64.17. The debt-to-equity ratio is calculated to be 0.71, the current ratio is 8.36, and the quick ratio is calculated to be 7.18. MACOM Technology Solutions Holdings, Inc. hit its all-time low of $42.85 one year ago, while the company reached its all-time high of $72.64 that same year. The simple moving average of the company’s stock price over the past 200 days is $58.94, while the simple moving average over the past fifty days is $66.29. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 10.38, a price-to-earnings ratio for earnings growth of 2.18, and a beta of 1.96. These metrics indicate that the stock is relatively expensive relative to its earnings.
On Thursday, November 3, MACOM Technology Solutions (NASDAQ: MTSI) made public the financial results it had compiled for the previous quarter. The profits per share that the semiconductor business reported for the quarter came in at $0.64, which was $0.02 more than the consensus forecast that was made by analysts, which was $0.62. The profit total for the quarter was reported as $. The company’s sales for the quarter came in at $178.14 million, which is significantly higher than the projection made by the consensus, which was $177.11 million. MACOM Technology Solutions had a return on equity of 25.35 percent, while the company’s net margin came in at 65.16 percent overall. Analysts on the sell side forecast that MACOM Technology Solutions Holdings Inc. will earn $2.42 per share in the current fiscal year.
On Tuesday, January 10, MACOM Technology Solutions CEO Stephen G. Daly made a transaction in which he sold 30,000 shares of the company’s stock. This is another development on this topic. The total sale of the company’s shares was worth $1,955,400.00, with the average price at which each share was sold being $65.18. Following the conclusion of the transaction, the Chief Executive Officer will have a total of 300,583 shares of the company’s stock, which currently have a value of approximately $19,591,999.94. The transaction was discussed in a document distributed by the SEC and is currently available on the website of the SEC. On Tuesday, January 10, MACOM Technology Solutions was involved in several other noteworthy events, including the sale of 30,000 shares by Stephen G. Daly, the company’s CEO. The total value of the stock sold was $1,955,400.00, and the price received for each share was an average of $65.18. After the deal’s completion, the CEO owned 300,583 company shares, with a combined value of $19,591,999.94. Should you follow this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail.
Additionally, on Monday, October 31, Senior Vice President Ambra R. Roth sold 1,520 shares of the company’s stock. A total of 87,901.60 dollars’ worth of revenue was generated from the sale of the stock at an average price of $57.83 per share. The current value of the senior vice president’s 22,005 company shares brings the total to $1,272,549.15. The senior vice president currently holds this ownership. Disclosures that are related to the sale might be found in this section of the website. Insiders of the company have