There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for MACOM Technology Solutions Holdings Inc (MTSI) shows that investor sentiment remained same, with the stock’s consolidated last price to $81.93. The MACOM Technology Solutions Holdings Inc has recorded 10,570 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results.
As a NASDAQ listed company, MTSI falls under the Technology sector while operating within the Semiconductors industry segment. At the end of the last regular session, the stock closed at $81.93 and fluctuated between $83.08 as its day high and $79.83 as its day low. The current market capitalization of MACOM Technology Solutions Holdings Inc is $5.82B. A total of 0.91 million shares were traded on the day, compared to an average of 432.46K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MTSI has seen 0 BUY and 17 SELL insider trades, representing the acquisition of 0 and the disposition of 20,023 shares. Over the last 12 months, there were 8 BUYs and 78 SELLs from insiders. Insiders purchased 21,297 shares during that period but sold 1,021,008.
In the most recent transaction, RIBAR GEOFFREY G sold 3,861 shares of MTSI for 81.05 per share on Aug 28. After the transaction, the Director now owns 22,049 company shares. In a previous transaction on Aug 16, Dennehy Robert sold 3,206 shares at 75.31 per share. MTSI shares that SVP, Operations owns now total 35,879.
Among the insiders who sold shares, Dennehy Robert disposed of 3,250 shares on Jul 19 at a per-share price of $65.80. This resulted in the SVP, Operations holding 39,085 shares of MTSI after the transaction. In another insider transaction, Dennehy Robert sold 3,250 shares at $61.07 per share on Jun 21. Company shares held by the SVP, Operations now total 42,335.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MTSI in the last 3 months, the mean price target is $85.85 with high estimates of $100.00 and low estimates of $70.00. In terms of 52-week highs and lows, MTSI has a high of $85.42 and a low of $48.53.
As of this writing, MTSI has an earnings estimate of $0.57 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.55.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. MTSI’s latest balance sheet shows that the firm has $344.90M in Cash & Short Term Investments as of fiscal 2021. There were $521.09M in debt and $93.04M in liabilities at the time. Its Book Value Per Share was $13.35, while its Total Shareholder’s Equity was $471.74M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MTSI is Buy with a score of 4.25.