Are M A-COM Tech (NASDAQ:MTSI) Shares Reaching An Inflection Point; Craig Hallum Decides to Upgrades Company

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Logo

Investors sentiment increased to 1.11 in Q4 2018. Its up 0.34, from 0.77 in 2018Q3. It improved, as 15 investors sold MACOM Technology Solutions Holdings, Inc. shares while 42 reduced holdings. 30 funds opened positions while 33 raised stakes. 46.08 million shares or 11.87% less from 52.29 million shares in 2018Q3 were reported.

370 are owned by Prelude Cap Management Ltd. Lc owns 0.17% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 157,550 shares. Ftb Advisors accumulated 419 shares. Sei Investments Communications, Pennsylvania-based fund reported 51,557 shares. Vanguard Group Inc Inc accumulated 4.16M shares or 0% of the stock. The Washington-based Tradewinds Capital Mngmt Ltd Liability Corporation has invested 0% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Ameritas Inv Prns stated it has 3,561 shares or 0% of all its holdings. 1.49 million are held by Frontier Cap Management Limited Co. Dekabank Deutsche Girozentrale reported 5,294 shares. Walleye Trading Limited Liability Com has invested 0% of its portfolio in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Comm Financial Bank holds 11,050 shares. Fmr owns 7.40 million shares for 0.01% of their portfolio. Pub Employees Retirement Association Of Colorado holds 0.02% or 235,430 shares in its portfolio. 383,751 were reported by Comml Bank Of Ny Mellon. Moreover, Northern Tru Corp has 0% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI).

Since November 20, 2018, it had 0 insider buys, and 5 selling transactions for $586,268 activity. 4,000 shares were sold by Croteau John, worth $68,320 on Tuesday, February 12. 3,373 MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) shares with value of $58,184 were sold by Rajgarhia Vivek. MCMULLAN ROBERT also sold $253,650 worth of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) shares.

M A-COM Tech (NASDAQ:MTSI) Stock Upgrade

In a note sent to clients and investors earlier today, Craig Hallum has increased shares of M A-COM Tech (NASDAQ:MTSI) to a solid Buy rating and has set a 12-month TP of $25. MTSI’s rating before this upgrade was a Hold.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Ratings Coverage

Among 3 analysts covering MACOM Technology (NASDAQ:MTSI), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. MACOM Technology has $19 highest and $15 lowest target. $17.67’s average target is 11.20% above currents $15.89 stock price. MACOM Technology had 7 analyst reports since November 14, 2018 according to SRatingsIntel. The stock of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) earned “Sell” rating by Goldman Sachs on Wednesday, March 27. The firm has “Hold” rating by Craig Hallum given on Wednesday, February 6. JP Morgan maintained MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) rating on Wednesday, November 14. JP Morgan has “Underweight” rating and $19 target.

The stock increased 26.11% or $3.29 during the last trading session, reaching $15.89. About 5.04M shares traded or 715.67% up from the average. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has declined 9.30% since May 8, 2018 and is downtrending. It has underperformed by 13.67% the S&P500.

MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, creates and makes analog RF, microwave, millimeter wave, and photonic semiconductor solutions in the United States, the Asia Pacific, and internationally. The company has market cap of $1.04 billion. The firm 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 approximately 40 product lines. It currently has negative earnings. The Company’s semiconductor products are electronic components that are incorporated in electronic systems, such as point-to-point wireless backhaul radios, high density networks, active antenna arrays, radars, magnetic resonance imaging systems, and unmanned aerial vehicles.

More notable recent MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) news were published by: Streetinsider.com which released: “MACOM Technology Solutions (MTSI) CFO Robert J. McMullan Departs – StreetInsider.com” on April 11, 2019, also Nasdaq.com with their article: “MACOM (MTSI) Misses Earnings and Revenue Estimates in Q3 – Nasdaq” published on August 01, 2018, Seekingalpha.com published: “MACOM +9% on revenue beat, upgrade – MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) – Seeking Alpha” on May 08, 2019. More interesting news about MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) were released by: Fool.com and their article: “MACOM Technology Solutions Holdings, Inc. (MTSI) Q4 2018 Earnings Conference Call Transcript – Motley Fool” published on November 14, 2018 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About About Solid Biosciences Inc. (SLDB) – Yahoo Finance” with publication date: May 03, 2019.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Institutional Positions Chart

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