Public Employees Retirement Association of Colorado Has $3.91 Million Holdings in MACOM Technology S

Public Employees Retirement Association of Colorado raised its position in MACOM Technology Solutions (NASDAQ:MTSI) by 4.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 235,430 shares of the semiconductor company’s stock after purchasing an additional 9,600 shares during the quarter. Public Employees Retirement Association of Colorado owned about 0.37% of MACOM Technology Solutions worth $3,908,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. boosted its holdings in shares of MACOM Technology Solutions by 119.3% in the fourth quarter. Franklin Resources Inc. now owns 1,121,769 shares of the semiconductor company’s stock valued at $36,502,000 after acquiring an additional 610,361 shares in the last quarter. Bamco Inc. NY boosted its holdings in shares of MACOM Technology Solutions by 58.2% in the fourth quarter. Bamco Inc. NY now owns 1,487,000 shares of the semiconductor company’s stock valued at $48,387,000 after acquiring an additional 546,879 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of MACOM Technology Solutions by 10.1% in the fourth quarter. BlackRock Inc. now owns 2,761,390 shares of the semiconductor company’s stock valued at $89,855,000 after acquiring an additional 254,288 shares in the last quarter. Deutsche Bank AG boosted its holdings in shares of MACOM Technology Solutions by 220.8% in the fourth quarter. Deutsche Bank AG now owns 345,785 shares of the semiconductor company’s stock valued at $11,250,000 after acquiring an additional 237,988 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its holdings in shares of MACOM Technology Solutions by 33.9% in the fourth quarter. Thrivent Financial For Lutherans now owns 643,000 shares of the semiconductor company’s stock valued at $20,923,000 after acquiring an additional 162,690 shares in the last quarter. Institutional investors own 88.06% of the company’s stock.

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In other news, Chairman John L. Ocampo acquired 22,760 shares of the firm’s stock in a transaction that occurred on Monday, May 7th. The stock was purchased at an average price of $22.07 per share, with a total value of $502,313.20. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Donghyun Thomas Hwang acquired 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was purchased at an average cost of $21.70 per share, with a total value of $54,250.00. Following the purchase, the senior vice president now directly owns 35,501 shares in the company, valued at approximately $770,371.70. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 95,260 shares of company stock valued at $2,080,263 and sold 750 shares valued at $14,445. Company insiders own 32.20% of the company’s stock.

Shares of NASDAQ:MTSI opened at $22.52 on Thursday. The firm has a market cap of $1.44 billion, a P/E ratio of 39.86, a P/E/G ratio of 25.17 and a beta of 1.62. The company has a current ratio of 5.36, a quick ratio of 3.74 and a debt-to-equity ratio of 0.90.

MACOM Technology Solutions (NASDAQ:MTSI) last posted its quarterly earnings data on Tuesday, May 1st. The semiconductor company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. MACOM Technology Solutions had a negative net margin of 11.90% and a positive return on equity of 7.54%. The firm had revenue of $150.40 million during the quarter, compared to analyst estimates of $145.48 million. During the same quarter last year, the business posted $0.63 EPS. The company’s revenue was down 19.2% on a year-over-year basis. equities research analysts predict that MACOM Technology Solutions will post 0.05 EPS for the current fiscal year.

Several research firms have recently issued reports on MTSI. BidaskClub upgraded shares of MACOM Technology Solutions from a “strong sell” rating to a “sell” rating in a report on Friday, May 4th. Zacks Investment Research cut shares of MACOM Technology Solutions from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd. Craig Hallum set a $31.00 target price on shares of MACOM Technology Solutions and gave the stock a “buy” rating in a report on Wednesday, May 2nd. ValuEngine cut shares of MACOM Technology Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, DA Davidson reduced their target price on shares of MACOM Technology Solutions to $23.00 and set a “buy” rating for the company in a report on Monday, April 30th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $33.00.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog radio frequency (RF), microwave, millimeterwave, and photonic semiconductor solutions in the United States, the Asia Pacific, and internationally. The company 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 more than 60 product lines.

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Institutional Ownership by Quarter for MACOM Technology Solutions (NASDAQ:MTSI)

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