MACOM Technology Solutions Holdings Inc’s recently made public that its Director OCAMPO SUSAN acquired Company’s shares for reported $124.99 million on Feb 10 ’25. In the deal valued at $124.99 per share,1,000,000 shares were bought.
Then, Hwang Donghyun Thomas sold 7,355 shares, generating $978,215 in total proceeds. Upon selling the shares at $133.00, the SVP, Global Sales now owns 43,657 shares.
Before that, DONGHYUN THOMAS HWANG bought 7,355 shares. MACOM Technology Solutions Holdings Inc shares valued at $978,215 were divested by the Officer at a price of $133.00 per share.
Evercore ISI initiated its MACOM Technology Solutions Holdings Inc [MTSI] rating to an Outperform in a research note published on April 16, 2024; the price target was $120. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in early January from “an Overweight” to “a Neutral”. BofA Securities also remained covering MTSI and has increased its forecast on December 15, 2023 with a “Buy” recommendation from previously “Neutral” rating. Craig Hallum revised its rating on September 06, 2023. It rated MTSI as “a Buy” which previously was an “a Hold”.
Price Performance Review of MTSI
On Monday, MACOM Technology Solutions Holdings Inc [NASDAQ:MTSI] saw its stock fall -3.51% to $122.75. Over the last five days, the stock has lost -7.25%. MACOM Technology Solutions Holdings Inc shares have fallen nearly -5.51% since the year began. Nevertheless, the stocks have risen 51.88% over the past one year. While a 52-week high of $152.50 was reached on 01/22/25, a 52-week low of $80.40 was recorded on 01/28/25. SMA at 50 days reached $135.48, while 200 days put it at $115.07.
Levels Of Support And Resistance For MTSI Stock
The 24-hour chart illustrates a support level at 120.77, which if violated will result in even more drops to 118.79. On the upside, there is a resistance level at 126.46. A further resistance level may holdings at 130.17. The Relative Strength Index (RSI) on the 14-day chart is 38.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.40%. Stochastics %K at 22.71% indicates the stock is a holding.
How much short interest is there in MACOM Technology Solutions Holdings Inc?
A steep rise in short interest was recorded in MACOM Technology Solutions Holdings Inc stocks on 2025-01-15, dropping by -0.76 million shares to a total of 2.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.99 million shares. There was a decline of -34.1%, which implies that there is a negative sentiment for the stock.
