On November 13, 2024, Stephen Daly, President and Chief Executive Officer of MACOM Technology Solutions Holdings Inc (MTSI, Financial), executed a sale of 45,100 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $129.43 per share, totaling approximately $5,837,383. The insider now owns 50,992 shares of the company.
MACOM Technology Solutions Holdings Inc (MTSI, Financial) is a developer and producer of semiconductor products used in a variety of applications from telecommunications, data centers, to industrial and defense. The company's products include a range of analog RF, microwave, millimeter-wave, and photonic semiconductor products.
Over the past year, Stephen Daly has sold a total of 200,000 shares and has not made any purchases of the company's stock. This recent transaction follows a pattern observed in the insider transaction history for MACOM Technology Solutions Holdings Inc, where there have been 53 insider sells and no insider buys over the past year.
Shares of MACOM Technology Solutions Holdings Inc were trading at $129.43 on the day of the transaction, giving the company a market cap of approximately $8.91 billion. The price-earnings ratio stands at 119.42, significantly above both the industry median of 32.63 and the company's historical median.
The stock's valuation metrics show a GF Value of $76.28, indicating that at a price of $129.43, MACOM Technology Solutions Holdings Inc is significantly overvalued with a price-to-GF-Value ratio of 1.7.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may provide investors with context regarding the company's current valuation and stock performance, amidst its existing market conditions and financial metrics.
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.
