Today, the Chairman of MACOM Technology Solutions Holdings Inc (NASDAQ: MTSI), John Ocampo, bought shares of MTSI for $1.32M.
This is Ocampo’s first Buy trade following 19 Sell transactions.
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Currently, MACOM Technology Solutions Holdings Inc has an average volume of 832.6K.
12 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock. Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $25.50, reflecting a -11.7% downside.
The insider sentiment on MACOM Technology Solutions Holdings Inc has been positive according to 79 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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MACOM Technology Solutions Holdings, Inc. engages in the provision of semiconductor solutions that enable internet applications, cloud connected apps economy, and modern, networked battlefield. Its products include radio frequency power products, optoelectronics, photonic solutions, optical sub-assemblies, amplifiers, diodes, crosspoints, and signal conditioners. The company was founded on March 25, 2009 and is headquartered in Lowell, MA.
