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MACOM Technology Solutions (NASDAQ:MTSI) price target raised to $68.00 at Needham & Company LLC

MACOM Expertise Options (Nasdaq: MTSIGet the rating) The value goal was boosted by inventory researchers at Needham & Firm LLC from $62.00 to $68.00 in a notice issued to traders on Friday, MarketBeat.com reviews. The corporate presently has a “purchase” score on the corporate’s inventory. Needham & Firm LLC worth goal signifies a possible upside of 12.84% from the present share worth.

Different inventory analysts have additionally issued reviews on the corporate. Barclays reduce its worth goal on MACOM Expertise Options from $75.00 to $65.00 and assigned an “obese” score to the inventory in a analysis report on Monday, July twenty fifth. Piper Sandler raised its worth goal for MACOM Expertise Options from $65.00 to $75.00 and assigned the corporate an “obese” score in a analysis report on Friday, August nineteenth. Cowen raised the value goal for MACOM Expertise Options shares from $55.00 to $68.00 in a analysis notice on Friday, July 29. Cowen boosted its worth goal on MACOM Expertise Options from $55.00 to $68.00 in a analysis notice on Friday, July 29. lastly, StockNews.com MACOM Expertise Options lowered its “purchase” score to a “Maintain” score in a analysis report on Thursday, October twentieth. One analyst has rated the inventory with a pending score and 7 have issued a purchase score to the inventory. In keeping with information from MarketBeat.com, MACOM Expertise Options presently has a consensus score of “Reasonable Purchase” and a median worth goal of $72.09.

MACOM Expertise Options inventory is up 4.9%

Stock MTSI It opened at $60.26 on Friday. MACOM Expertise Options recorded a one-year low of $42.85 and a one-year excessive of $80.30. The corporate has a 50-day transferring common of $54.87 and a 200-day transferring common of $53.39. The inventory has a market capitalization of $4.22 billion, a price-to-earnings ratio of 19.69, a price-earnings ratio of 1.53 and a beta 1.92. The corporate has a debt-to-equity ratio of 1.01, a fast ratio of 6.46 and a buying and selling ratio of seven.55.

Insider exercise at MACOM Expertise Options

In different information, director Peter Y. The inventory was offered at a median worth of $59.00, with a complete worth of $50,168,349.00. Following the transaction, the director now owns 43,268 shares of the corporate’s inventory, valued at $2,552,812. The transaction was disclosed in a doc filed with the Securities and Change Fee, which is on the market at SEC . site. In associated information, director Peter Wai Chung offered 850,311 shares of the inventory in a transaction on Monday, August eighth. The shares have been offered at a median worth of $59.00, bringing the full transaction to $50,168,349.00. Following the transaction, the director now immediately owns 43,268 shares of the corporate’s inventory, valued at $2,552,812. The sale was disclosed in a authorized submitting with the Securities and Change Fee, which could be accessed by way of This hyperlink. Additionally, Senior Vice President Robert Dennehy He offered 2,000 shares of inventory in a transaction that occurred on Monday, October third. The shares have been offered at a median worth of $52.40, with a complete worth of $104.800.00. Following the sale, the Senior Vice President now immediately owns 86,650 shares of the corporate’s inventory, valued at $4,540,460. Disclosure could be discovered on this sale over here. Prior to now 90 days, insiders have offered 950,587 shares of firm inventory valued at $56,415,989. 28.30% of the shares are owned by company insiders.

Institutional Traders Weigh in to MACOM Expertise Options

Numerous hedge funds have not too long ago made adjustments to their positions in MTSI. Asset Administration One Restricted raised its stake in MACOM Expertise Options by 14.8% within the third quarter. Asset Administration One Restricted now owns 3,447 shares of the semiconductor firm’s inventory valued at $178,000 after buying a further 444 shares throughout the interval. Texas Academics Retirement System elevated its stake in shares of MACOM Expertise Options by 254.8% within the third quarter. The Texas Academics’ Retirement System now owns 28,798 shares of the semiconductor firm’s inventory valued at $1,491,000 after buying a further 20,682 shares throughout the interval. Producers Life Insurance coverage boosted its stake in MACOM Expertise Options by 6.6% within the third quarter. Producers Life Insurance coverage Firm now owns 577,494 shares of the semiconductor firm’s inventory valued at $29,908,000 after buying a further 35,993 shares over the last quarter. Hoylecohen LLC bought a brand new place in inventory of MACOM Expertise Options within the third quarter valued at roughly $203,000. Lastly, Los Angeles Capital Administration LLC raised its stake in MACOM Expertise Options by 85.1% within the third quarter. Los Angeles Capital Administration LLC now owns 39,335 shares of the semiconductor firm’s inventory valued at $2,037,000 after buying a further 18,079 shares throughout the interval. 72.30% of the shares are presently owned by institutional traders.

MACOM Expertise Options Firm Profile

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MACOM Expertise Options Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor options to be used in wi-fi and wired purposes over radio frequency (RF), microwave, millimeter wave, and light-weight wave spectrum in the USA, China, Asia Pacific, and internationally.

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Analyst Recommendations for MACOM Technology Solutions (NASDAQ: MTSI)

This instantaneous information alert was created by narrative science expertise and MarketBeat monetary information to supply readers with the quickest and most correct reporting. This story was reviewed by the Editorial Staff at MarketBeat previous to publication. Please ship any questions or feedback about this story to [email protected]

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