Macom SVP Dennehy sells $578,002 in shares

Published 20/10/2025, 22:32
Macom SVP Dennehy sells $578,002 in shares

Robert Dennehy, SVP of Operations at MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), sold 4,128 shares of common stock on October 16, 2025. The shares were sold at a weighted average price of $140.02, for a total value of $578,002. Prices ranged from $140.00 to $140.08.

Following the transaction, Dennehy directly owns 6,552 shares of MACOM Technology Solutions Holdings, Inc. The sale was executed under a pre-arranged trading plan adopted on February 28, 2025, designed to comply with Rule 10b5-1.

In other recent news, MACOM Technology Solutions Holdings Inc. reported its fiscal third-quarter 2025 earnings, meeting analysts’ expectations for earnings per share (EPS) but surpassing revenue forecasts. The company achieved an EPS of $0.90, aligning with projections, and reported revenue of $252.1 million, exceeding the anticipated $248.85 million. Additionally, Evercore ISI raised its price target for MACOM to $158 from $146 while maintaining an Outperform rating, following the company’s earnings results. Despite these positive developments, MACOM’s stock experienced a decline. In other company news, Director Susan Ocampo announced her retirement from the Board of Directors, effective August 31, 2025, after a 15-year tenure. Ocampo has been instrumental in MACOM’s development and strategic direction since joining the board in 2010. These recent developments highlight significant changes and expectations for MACOM Technology Solutions.

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