MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) produced a 21.65% rally since recording the worst price of $12.33. Thanks to the latest -3.66% decrease, it now trades at $15. Throughout the trading on 6/11/2019, the share price floated between $14.86 and $15.83. This company shares are 10.93% off its target price of $16.64 and the current market capitalization stands at $977.1M. The recent change has given its price a -1.83% deficit over SMA 50 and -42.13% deficit over its 52-week high. The stock witnessed -1.32% declines, -17.99% declines and -4.09% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MTSI’s volatility during a week at 3.83% and during a month it has been found around 4.9%.

MACOM Technology Solutions Holdings, Inc. (MTSI) Top Holders

Institutional investors currently hold around $769 million or 77.9% in MTSI stock. Look at its top three institutional owners: Fmr Llc owns $112.56 million in MACOM Technology Solutions Holdings, Inc., which represents roughly 11.52% of the company’s market cap and approximately 14.64% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 4,240,494 shares of the stock are valued at $66.02 million. The third largest holder is Royal Bank Of Canada, which currently holds $58.75 million worth of this stock and that ownership represents nearly 6.01% of its market capitalization.

MACOM Technology Solutions Holdings, Inc. 13F Filings

At the end of March reporting period, 86 institutional holders increased their position in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) by some 4,996,450 shares, 66 decreased positions by 5,409,202 and 25 held positions by 39,011,823. That puts total institutional holdings at 49,417,475 shares, according to SEC filings. The stock grabbed 26 new institutional investments totaling 1,422,151 shares while 26 institutional investors sold out their entire positions totaling 805,908 shares.

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

Multiple company employees have indulged in significant insider trading. MACOM Technology Solutions Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman, 10% Owner OCAMPO JOHN L has acquired 100,000 shares of MACOM Technology Solutions Holdings, Inc. (MTSI) in the trading session dated May. 22, 2019. These shares are worth $1,330,000 and were traded at $13.3 each. The SEC filing shows that Rajgarhia Vivek performed a sale of 1,782 shares. The SVP & GM, Lightwave disposed these shares by way of transaction on Apr. 09, 2019. The company’s shares were given away at $18.41 per share worth to an income of some $32,807 to the account of Rajgarhia Vivek.

SVP & GM, Networks, Virk Preetinder S., sold 761 common shares of MACOM Technology Solutions Holdings, Inc. (MTSI) in the open market. In a transaction dated Feb. 28, 2019, the shares were put up for sale at an average price of $19.2, raking in a sum of $14,611. After this sale, 70,429 common shares of MTSI are directly owned by the insider, with total stake valued at $1,056,435.

In the transaction dated Feb. 21, 2019, a great number of shares sold came courtesy the SVP & GM, Lightwave; Rajgarhia Vivek disposed a total of 3,949 shares at an average price of $17.95, amounting to approximately $70,885. The insider now directly owns 91,217 shares worth $1,368,255.

MACOM Technology Solutions Holdings, Inc. (MTSI) Analyst Guide

Several analysts have released their opinion on MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), with 1 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 2 buy, 3 sell and 0 strong sell ratings, collectively assigning a 2.91 average brokerage recommendation [T1].