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Susan Ocampo, a director and significant shareholder of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), recently sold a substantial portion of her holdings in the company. The transactions, dated February 20 and 21, involved the sale of a total of 108,986 shares of common stock, generating approximately $13.5 million. The shares were sold at prices ranging from $124.07 to $124.08 per share, coming at a time when the stock has shown significant volatility and a 39% gain over the past year. According to InvestingPro analysis, MTSI is currently trading above its Fair Value.
Following these transactions, Ocampo continues to hold a significant number of shares, with 4,677,766 shares remaining under her indirect ownership through trusts for her children. This move is part of her broader portfolio management strategy, as she remains a key figure in the company. The company maintains strong financial health with a current ratio of 3.61 and operates with moderate debt levels. For deeper insights into MTSI’s valuation and growth prospects, InvestingPro subscribers can access 13 additional exclusive tips and a comprehensive Pro Research Report.
In other recent news, MACOM Technology Solutions reported its Q1 FY2025 earnings, revealing an adjusted earnings per share (EPS) of $0.79, slightly above the forecast of $0.78. The company’s revenue for the quarter reached $218 million, surpassing the expected $214.04 million. MACOM’s guidance for Q2 FY2025 projects revenue between $227 million and $233 million, with an adjusted EPS forecast of $0.82 to $0.86. Benchmark analysts maintained a Buy rating for MACOM with a $160 price target, noting the company’s strong execution despite gross margin pressures. Analysts highlighted MACOM’s improving demand dynamics, particularly in the data center sector, which is expected to see continued growth. The firm’s Industrial & Defense segment is also nearing a $100 million milestone, with growth opportunities aligned with national defense initiatives. MACOM’s strategy to diversify and expand its product lines in defense and telecom markets is projected to support future revenue growth.
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