So, you know, there’s been some big insider selling going on at MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). The Chairman of the Board, John Ocampo, sold a whopping US$18m worth of stock at a price of US$81.93 per share. But hey, don’t freak out just yet – the guy’s still got a lot of skin in the game, and that sale only chipped away 1.3% of his holding.
Now, here’s the kicker – this sale by John Ocampo was the biggest insider sale of MACOM Technology Solutions Holdings shares in the last year. Yeah, you heard that right. Even when the share price was a bit lower than it is now, this insider decided to cash in. Some might see this as a red flag, especially if the sale happened below the current price. But hold on, it’s not all doom and gloom. The fact that the biggest sale only accounted for 1.3% of John Ocampo’s holding is worth noting.
And get this, in the past year, the insiders at MACOM Technology Solutions Holdings didn’t buy any company stock. Nope, not a single share. But wait, there’s more – the insider ownership of this company is pretty high, sitting at around US$1.4b worth of shares, which is about 24% of the company. That’s a good sign, right? It means the bigwigs at the company have a lot riding on its success, just like the rest of us.
So, what’s the deal with these insider transactions? Well, there hasn’t been any buying activity in the last three months, but there has been some selling. And if we look back over the last year, there’s been no insider buying at all. Sure, the high insider ownership is reassuring, but given the history of share sales, we’re a bit cautious. It’s always good to keep an eye on what the insiders are up to, but let’s not forget about the risks involved in investing in a stock. We’ve even spotted 2 warning signs for MACOM Technology Solutions Holdings that you might want to take a look at.
Now, I’m not saying you should rush out and buy up MACOM Technology Solutions Holdings stock. It might not be the best move right now. But hey, if you’re interested in some other top-notch companies, I’ve got a list of growing companies that insiders are buying that you might want to check out.
Just so you know, when I talk about insiders, I mean those folks who report their transactions to the relevant regulatory body. We’re talking about open market transactions and private dispositions of direct interests here, not the fancy derivative stuff or indirect interests.
And hey, if you’re into valuing stocks, we’ve got you covered. We can help you figure out if MACOM Technology Solutions Holdings is over or undervalued. Our comprehensive analysis includes fair value estimates, risks and warnings, dividends, insider transactions, and financial health. So, if you’ve got any thoughts on this article or if you’re concerned about the content, hit us up directly. You can also shoot an email over to the editorial team at simplywallst.com.
Just a heads up, this article by Simply Wall St is based on historical data and analyst forecasts. It’s not financial advice, and it doesn’t take into account your specific objectives or financial situation. We’re all about long-term focused analysis driven by fundamental data. But hey, our analysis might not cover the latest company announcements or other important stuff, so keep that in mind. Oh, and by the way, we don’t have any stake in the stocks we talk about.
And if you’re wondering what MACOM Technology Solutions Holdings is all about, here’s the lowdown – they design and make analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. They’re doing their thing in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and beyond. And hey, they’ve got a pretty solid balance sheet with some reasonable growth potential.
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