MACOM Technology Solutions Holdings Inc Draws Bullish Options Activity Today

 MACOM Technology Solutions Holdings Inc Draws Bullish Options Activity Today

In today’s session MACOM Technology Solutions Holdings Inc (MTSI) registered an unusually high (506) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious MTSI increase. With 506 contracts traded and 724 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: MTSI161216C00050000 closed last at: $0.45 or 50% down. About 151,232 shares traded hands. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has risen 13.66% since April 21, 2016 and is uptrending. It has outperformed by 8.33% the S&P500.

Analysts await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report earnings on January, 24. They expect $0.41 EPS, up 127.78% or $0.23 from last year’s $0.18 per share. MTSI’s profit will be $22.26M for 28.20 P/E if the $0.41 EPS becomes a reality. After $0.44 actual EPS reported by MACOM Technology Solutions Holdings Inc for the previous quarter, Wall Street now forecasts -6.82% negative EPS growth.

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

Out of 8 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. $52 is the highest target while $37 is the lowest. The $48.17 average target is 4.17% above today’s ($46.24) stock price. M/A-Com Technology Solutions Holdings has been the topic of 18 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, March 11 by Barclays Capital. The firm earned “Neutral” rating on Tuesday, September 20 by Goldman Sachs. The firm has “Hold” rating given on Thursday, August 20 by Zacks. Jefferies reinitiated the shares of MTSI in a report on Tuesday, August 18 with “Buy” rating. Needham maintained MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) rating on Tuesday, August 18. Needham has “Buy” rating and $38 price target. Stifel Nicolaus maintained the shares of MTSI in a report on Wednesday, January 27 with “Buy” rating. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Goldman Sachs on Wednesday, February 3. The firm has “Buy” rating given on Thursday, December 3 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, December 18 by Needham. The firm has “Buy” rating given on Wednesday, July 29 by Needham.

According to Zacks Investment Research, “M/A-COM Technology Solutions Holdings, Inc. provides analog semiconductor solutions for use in wireless and wireline applications across the RF, microwave and millimeterwave spectrum. The Company’s primary markets are Networks which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications, A&D and Multi-market, which includes automotive, industrial, medical, mobile and scientific applications. It’s product lines include active splitter, amplifier, attenuator, automotive module, capacitor, component, coupler, diode, down converter IC, filter, frequency multiplier, hybrid voltage controlled oscillator, integrated receiver IC, modulator/demodulator, optical modulator driver, phase shifter, power combiner, power detector, power divider, power hybrid pallet, power hybrid transistor, switch, synthesizer, transceiver, transformer, upconverter IC and voltage controlled oscillator. M/A-COM Technology Solutions Holdings, Inc. and is headquartered in Lowell, Massachusetts.”

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.01, from 1.01 in 2016Q1. The ratio turned negative, as 31 funds sold all MACOM Technology Solutions Holdings Inc shares owned while 52 reduced positions. 26 funds bought stakes while 58 increased positions. They now own 38.15 million shares or 1.15% less from 38.59 million shares in 2016Q1.
The California-based First Republic Invest Mgmt has invested 0.01% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Fortaleza Asset Mgmt, a Illinois-based fund reported 2,530 shares. Palisade Capital Management Ltd Liability Corporation Nj holds 94,386 shares or 0.11% of its portfolio. Blackrock Advsrs Llc holds 0.01% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 290,739 shares. Sit Investment Assoc Inc owns 35,500 shares or 0.03% of their US portfolio. Deutsche Bancorporation Ag has 0% invested in the company for 182,265 shares. Bankshares Of America De holds 0% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 266,152 shares. The Illinois-based Columbia Wanger Asset Management Limited Liability Company has invested 0.3% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Symphony Asset Mngmt Ltd Liability Corporation holds 0.34% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) for 90,795 shares. Blackrock Inv Ltd Com has 90,971 shares for 0% of their US portfolio. Jpmorgan Chase & reported 821,606 shares or 0.01% of all its holdings. Montag And Caldwell Ltd Liability Corp last reported 18,080 shares in the company. Waddell And Reed Inc holds 0.04% or 577,400 shares in its portfolio. Jennison Assocs accumulated 2.31 million shares or 0.08% of the stock. Fmr Llc last reported 0% of its portfolio in the stock.

Insider Transactions: Since July 1, 2016, the stock had 0 insider purchases, and 23 sales for $10.48 million net activity. The insider VAN LUNSEN GIL J sold 1,000 shares worth $40,000. $6.15M worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was sold by OCAMPO JOHN L. 1,729 shares were sold by Hwang Donghyun Thomas, worth $72,272 on Monday, August 29. Behfar Alex had sold 6,777 shares worth $267,217. Croteau John had sold 2,000 shares worth $65,300 on Friday, July 1. On Tuesday, July 12 the insider Virk Preetinder S. sold $111,195. Another trade for 8,125 shares valued at $324,188 was made by Dennehy Robert on Thursday, July 28.

MACOM Technology Solutions Holdings, Inc., formerly M/A-COM Technology Solutions Holdings, Inc., is a well-known provider of analog semiconductor solutions for the use in wireless and wireline applications across the radio frequency , microwave and millimeter wave spectrum. The company has a market cap of $2.51 billion. The Firm operates through semiconductors and modules segment. It currently has negative earnings. The Company’s semiconductor products are electronic components, such as point-to-point wireless backhaul radios, antenna arrays, radar, magnetic resonance imaging (MRI) systems and unmanned aerial vehicles (UAVs).

MTSI Company Profile

MACOM Technology Solutions Holdings, Inc., formerly M/A-COM Technology Solutions Holdings, Inc., incorporated on March 25, 2009, is a well-known provider of analog semiconductor solutions for the use in wireless and wireline applications across the radio frequency (RF), microwave and millimeter wave spectrum. The Firm operates through semiconductors and modules segment. The Company’s semiconductor products are electronic components, which include point-to-point wireless backhaul radios, antenna arrays, radar, magnetic resonance imaging systems (MRI) and unmanned aerial vehicles (UAVs). The Firm offers its products in over three primary markets, such as networks, aerospace and defense (A&D) and multi-market.

More important recent MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) news were published by: Wsj.com which released: “Macom Buys Applied Micro to Expand Into the Cloud” on November 21, 2016, also Finance.Yahoo.com published article titled: “The Zacks Analyst Blog Highlights: Diebold, Stratasys and MACOM Technology …”, Nasdaq.com published: “Commit To Purchase MACOM Technology Solutions Holdings At $30, Earn 7.5 …” on October 13, 2016. More interesting news about MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was released by: Nasdaq.com and their article: “MACOM Technology Solutions Holdings (MTSI) Shares Cross Above 200 DMA” with publication date: November 09, 2016.

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