On October 31, 2024, Stephen Daly, President and Chief Executive Officer of MACOM Technology Solutions Holdings Inc (MTSI, Financial), executed a sale of 9,751 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 55,826 shares of the company.
MACOM Technology Solutions Holdings Inc (MTSI, Financial) specializes in the development and production of semiconductor solutions. The company's products are utilized across a range of applications within the aerospace, data center, and telecommunications sectors, among others.
Over the past year, Stephen Daly has sold a total of 135,505 shares and has not made any purchases of the company's stock. This recent transaction continues a trend seen across the company, with a total of 48 insider sells and no insider buys over the past year.
Shares of MACOM Technology Solutions Holdings Inc were priced at $114.39 on the day of the sale. The company currently holds a market cap of approximately $8.245 billion. The price-earnings ratio stands at 116.54, significantly above both the industry median of 33.72 and the company's historical median.
The stock is considered Significantly Overvalued with a price-to-GF Value ratio of 1.58, based on a GF Value of $72.54. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
