Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MACOM Technology Solutions Holdings Inc shares valued at $37,239,000 were sold by OCAMPO SUSAN on Feb 18 ’25. At $124.13 per share, OCAMPO SUSAN sold 300,000 shares. The insider’s holdings dropped to 4,823,636 shares worth approximately $598.18 million following the completion of this transaction.
Also, OCAMPO SUSAN sold 36,884 shares, netting a total of over 4,576,567 in proceeds. Following the sale of shares at $124.08 each, the insider now holds 4,786,752 shares.
Before that, OCAMPO SUSAN had added 1,000,000 shares to its account. In a trade valued at $124,130,000, the Director bought MACOM Technology Solutions Holdings Inc shares for $124.13 each.
As published in their initiating research note from Evercore ISI on April 16, 2024, MACOM Technology Solutions Holdings Inc [MTSI] has been an Outperform and the price target has been revised to $120. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of December 15, 2023, BofA Securities has increased its “Neutral” rating to a “Buy” for MTSI. Earlier on September 06, 2023, Craig Hallum upgraded its rating. Their new recommendation was “a Buy” for MTSI stock which previously was a “a Hold”.
Analyzing MTSI Stock Performance
During the last five days, there has been a surge of approximately 1.76%. Over the course of the year, MACOM Technology Solutions Holdings Inc shares have dropped approximately -4.54%. Shares of the company reached a 52-week high of $152.50 on 01/22/25 and a 52-week low of $118.85 on 01/28/25. A 50-day SMA is recorded $133.56, while a 200-day SMA reached $115.84. Nevertheless, trading volume fell to 0.68 million shares from 0.81 million shares the previous day.
Support And Resistance Levels for MACOM Technology Solutions Holdings Inc (MTSI)
According to the 24-hour chart, there is a support level at 122.46, which, if violated, would cause prices to drop to 120.92. In the upper region, resistance lies at 125.05. The next price resistance is at 126.10. RSI (Relative Strength Index) is 41.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.63, which suggests the price will decrease in the coming days. Percent R is at 72.07%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
