The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. MACOM Technology Solutions Holdings Inc shares valued at $184,594 were sold by Hwang Donghyun Thomas on Mar 03 ’25. At $116.61 per share, Hwang Donghyun Thomas sold 1,583 shares. The insider’s holdings dropped to 42,074 shares worth approximately $4.7 million following the completion of this transaction.
Also, OCAMPO SUSAN sold 2 shares, netting a total of over 232 in proceeds. Following the sale of shares at $115.82 each, the insider now holds 4,677,764 shares.
Before that, DONGHYUN THOMAS HWANG had added 1,583 shares to its account. In a trade valued at $184,594, the Officer bought MACOM Technology Solutions Holdings Inc shares for $116.61 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 drop of approximately -5.96%. Over the course of the year, MACOM Technology Solutions Holdings Inc shares have dropped approximately -14.08%. Shares of the company reached a 52-week high of $152.50 on 01/22/25 and a 52-week low of $106.46 on 03/04/25. A 50-day SMA is recorded $129.49, while a 200-day SMA reached $116.39.
Support And Resistance Levels for MACOM Technology Solutions Holdings Inc (MTSI)
According to the 24-hour chart, there is a support level at 109.12, which, if violated, would cause prices to drop to 106.63. In the upper region, resistance lies at 112.99. The next price resistance is at 114.37. RSI (Relative Strength Index) is 35.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.82, which suggests the price will decrease in the coming days. Percent R is at 72.12%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
