Driehaus Capital Management Reduces $55M in MACOM Technology Solutions Holdings, Inc. ($MTSI)
Key Points
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Driehaus Capital Management reduced its position in MACOM Technology Solutions Holdings, Inc. ($MTSI) by 30.13% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 336,813 shares of MACOM Technology Solutions Holdings, Inc. after selling 145,238 shares during the quarter. Driehaus Capital Management's holdings in MACOM Technology Solutions Holdings, Inc. were worth $128.11 million as of its most recent filing.
MACOM Technology Solutions Holdings, Inc. Stock Up 43.4%
Shares of MACOM Technology Solutions Holdings, Inc. ($MTSI) traded around $380.37 on Saturday, up 43.4% for the day.
MACOM Technology Solutions Holdings, Inc. Earnings
Analysts Set New Price Targets
About MACOM Technology Solutions Holdings, Inc.
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, optical networks, radar and medical systems, satellite networks, and test and measurement applications. The company serves carrier infrastructure, which comprise long-haul/metro, 5G and 6G infrastructure, satellite communications, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company operates in the United States, China, Japan, Singapore, South Korea, Taiwan, and internationally. MACOM Technology Solutions Holdings, Inc. was formerly known as M/A-Com Technology Solutions Holdings, Inc. and changed its name to MACOM Technology Solutions Holdings, Inc. in 2016. MACOM Technology Solutions Holdings, Inc. was founded in 1950 and is based in Lowell, Massachusetts.
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