Yahoo Finance Insider Sale: Director Charles Bland Sells 2,500 Shares of MACOM Technology Solutions Holdings ...
On May 16, 2024, Charles Bland, Director at MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI), executed a sale of 2,500 shares of the company. The transaction was filed on the same day through an SEC Filing. This sale is part of a broader trend observed over the past year, where the insider has sold a total of 2,500 shares and made no purchases.
MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) specializes in the development and production of analog semiconductor solutions. The company's products are utilized across a range of applications within the aerospace, data center, and telecommunications sectors, among others.
On the date of the sale, shares of MACOM Technology Solutions Holdings Inc were priced at $102.39. This pricing positions the company with a market cap of approximately $7.38 billion. The price-earnings ratio of the company stands at 116.34, significantly above both the industry median of 31.6 and the historical median for the company.
The GF Value for MACOM Technology Solutions Holdings Inc is calculated at $65.07, indicating a price-to-GF-Value ratio of 1.57. This suggests that the stock is currently Significantly Overvalued.
Reviewing the insider transaction history for MACOM Technology Solutions Holdings Inc reveals a pattern of 34 insider sells and no insider buys over the past year, highlighting a possible trend of insiders taking profits or reallocating their investments.
This insider activity and the current valuation metrics provide critical data points for investors monitoring the stock's performance and insider behaviors.
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.
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