Priya Patel
TLDR:
- Fulton Bank N.A. increased its stake in MACOM Technology Solutions Holdings, Inc. by 6.6% during the 4th quarter.
- Wall Street analysts forecast growth for MACOM Technology Solutions.
Fulton Bank N.A. acquired 5,186 shares of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) during the 4th quarter, adding to its holdings in the semiconductor company. Other hedge funds and institutional investors have also made modifications to their holdings of MTSI in recent quarters.
Wall Street analysts have provided ratings and price targets for MACOM Technology Solutions, with most giving the company a “buy” rating. Analysts predict growth for the company based on their recent performance and financial data.
MACOM Technology Solutions Holdings, Inc. has reported positive earnings results, meeting analysts’ expectations for the quarter. The company’s revenue exceeded expectations, and analysts anticipate continued growth in earnings per share for the fiscal year.
Insider transactions at MACOM Technology Solutions have seen significant movement, with CFO John Kober and SVP Wayne Mack Struble selling shares in recent months. These transactions have been disclosed in filings with the Securities and Exchange Commission.
