MACOM Technology Solutions Holdings, Inc. (MTSI) Holdings Cut by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its stake in shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by 31.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,405 shares of the semiconductor company’s stock after selling 116,958 shares during the period. Dimensional Fund Advisors LP owned 0.40% of MACOM Technology Solutions Holdings worth $14,188,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of MTSI. Strs Ohio acquired a new stake in shares of MACOM Technology Solutions Holdings in the second quarter valued at about $105,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of MACOM Technology Solutions Holdings in the first quarter valued at about $116,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of MACOM Technology Solutions Holdings by 10.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,174 shares of the semiconductor company’s stock valued at $121,000 after buying an additional 199 shares during the last quarter. Advisor Group Inc. raised its position in shares of MACOM Technology Solutions Holdings by 6.6% in the second quarter. Advisor Group Inc. now owns 2,300 shares of the semiconductor company’s stock valued at $128,000 after buying an additional 143 shares during the last quarter. Finally, BT Investment Management Ltd acquired a new stake in shares of MACOM Technology Solutions Holdings in the second quarter valued at about $162,000. Institutional investors and hedge funds own 87.91% of the company’s stock.

In other news, Director Geoffrey G. Ribar acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average cost of $43.37 per share, for a total transaction of $216,850.00. Following the completion of the transaction, the director now owns 11,063 shares in the company, valued at $479,802.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Croteau sold 2,000 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $45.68, for a total transaction of $91,360.00. Following the sale, the insider now owns 48,855 shares of the company’s stock, valued at $2,231,696.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,500 shares of company stock valued at $247,340. 57.10% of the stock is owned by company insiders.

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Shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ MTSI) opened at $36.63 on Monday. MACOM Technology Solutions Holdings, Inc. has a 12-month low of $35.58 and a 12-month high of $65.99. The stock has a market cap of $2,352.89, a PE ratio of 20.46, a P/E/G ratio of 0.98 and a beta of 1.40. The company has a debt-to-equity ratio of 0.87, a quick ratio of 4.42 and a current ratio of 5.61.

MTSI has been the subject of a number of recent research reports. Needham & Company LLC reiterated a “buy” rating and issued a $56.00 target price on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, September 5th. Craig Hallum reiterated a “buy” rating and issued a $54.00 target price on shares of MACOM Technology Solutions Holdings in a research report on Tuesday, October 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $61.00 target price (down from $66.00) on shares of MACOM Technology Solutions Holdings in a research report on Wednesday, August 2nd. Stifel Nicolaus reduced their target price on shares of MACOM Technology Solutions Holdings from $64.00 to $57.00 and set a “buy” rating for the company in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of MACOM Technology Solutions Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $49.67.

MACOM Technology Solutions Holdings Company Profile

MACOM Technology Solutions Holdings, Inc is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. 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.

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

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