New insider activity at MACOM Technology Solutions Holdings ( (MTSI) ) has taken place on February 25, 2025.
Director Susan Ocampo has executed a significant transaction by selling 108,986 shares of MACOM Technology Solutions Holdings stock, amounting to a total value of $13,522,868.
Recent Updates on MTSI stock
In the last 24 hours, MACOM Technology Solutions Holdings has seen significant developments. The company’s stock was upgraded by Northland analyst Tim Savageaux, driven by strong earnings results and growth in key sectors such as Data Center and Defense. MACOM reported a record quarterly revenue of $218.1 million, an 8.7% sequential increase, with notable progress in the Data Center segment, which saw a 16% rise in revenues. Despite these positive outcomes, MACOM faces challenges, including potential impacts from U.S. policy shifts and softness in the telecom market affecting gross margins. Additionally, a one-time non-cash loss from debt refinancing impacted financial statements. However, the company maintains a positive outlook, projecting Q2 revenues between $227 million and $233 million, with expected growth across all end markets.
More about MACOM Technology Solutions Holdings
YTD Price Performance: -6.78%
Average Trading Volume: 672,783
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.97B
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