MTSI MACOM Technology Solutions Holdings, Inc.
Price Chart
Executive Summary
Director Peter Y. Chung sold 43,268 shares for $16.4M at ~$378, representing the bulk of a $17.3M insider selling cluster in the week after MACOM's strong Q2 FY2026 earnings report. The cluster includes two additional directors selling smaller lots ($587K and $304K), while one SVP's open-market sale was minimal ($106K). Total cash sales of $17.3M equal roughly 0.06% of MACOM's $27.4B market cap — trivial on a proportionality basis. A non-executive director making a large, concentrated sale post-earnings is noteworthy but not alarming given the small relative size, the stock's strong 22.5% revenue growth trajectory, and the raised guidance for Q3.
Key Financial Metrics
Actionable Insight
Insider selling at 0.06% of market cap is economically trivial. Directors often diversify after strong earnings runs — MACOM shares have rallied significantly on 22.5% YoY revenue growth and upward guidance. Monitor for a follow-on Form 4 filing from Chung or other top holders if the stock continues to appreciate, but this cluster alone does not warrant a bearish stance. The raised Q3 guidance ($331–339M) and 59–60% adjusted gross margin outlook remain the primary fundamental drivers.
Key Facts
- Three directors sold shares totaling ~$17.3M in the week following Q2 FY26 earnings (May 8–15, 2026)
- Director Peter Y. Chung accounted for $16.4M of sales via a single 43,268-share open-market transaction at ~$378
- Total open-market sales represent ~0.06% of MACOM's $27.4B market cap — well below the 0.1% materiality threshold
- Q2 FY26 GAAP revenue grew 22.5% YoY to $289M; adjusted EPS of $1.09 beat the prior year's $0.85
- Q3 FY26 guidance calls for revenue of $331–339M and adjusted EPS of $1.31–$1.37, above the just-reported quarter
- SVP Hwang Donghyun Thomas's $106K open-market sale is part of a routine pattern (small lot, preceded by a grant/vesting event earlier the same week)
- Director gifts (700 shares total to Bland Charles) are non-cash and carry no directional signal
- Per score calibration, score-6 insider cluster reports on MTSI have a 30% up-move rate at T+20 historically, suggesting low predictive power for directional moves
Financial Impact
$17.3M in director open-market sales (0.06% of market cap); non-material relative to $27.4B enterprise value
Risk Factors
- Director Chung's large single-day sale could preface additional distributions if he holds a concentrated block of MTSI shares
- Sustained insider selling above 0.5% of market cap across multiple quarters would be a more meaningful signal
- Semiconductor cyclicality — any demand pullback in data center or telecom end markets would weigh more on the stock than this insider cluster
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MTSI-1779310367167 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 9, 2026
today
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Press Release
| $371.18 awaiting T+5 | awaiting T+5 | — | $358.72 (−3.36%) |
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May 29, 2026
11d ago
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144
| $353.79 $345.40 | ▼ −2.37% | ▲ +0.38% | $358.72 (+1.39%) |
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May 27, 2026
14d ago
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144
| $400.66 $390.34 | ▼ −2.58% | ▼ −3.04% | $358.72 (−10.47%) |
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May 18, 2026
22d ago
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Insider Cluster
| $358.98 $403.49 | ▲ +12.40% | ▲ +10.16% | $358.72 (−0.07%) |
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May 18, 2026
22d ago
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Insider Cluster
| $358.98 $403.49 | ▲ +12.40% | ▲ +10.16% | $358.72 (−0.07%) |
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May 18, 2026
22d ago
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Insider Cluster
| $358.98 $403.49 | ▲ +12.40% | ▲ +10.16% | $358.72 (−0.07%) |
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May 18, 2026
22d ago
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Insider Cluster
| $380.45 $364.64 | ▼ −4.16% | ▼ −6.00% | $358.72 (−5.71%) |
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May 18, 2026
22d ago
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Insider Cluster
| $358.98 $403.05 | ▲ +12.28% | ▲ +10.03% | $358.72 (−0.07%) |
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May 15, 2026
25d ago
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Insider Cluster
| $356.25 $409.68 | ▲ +15.00% | ▲ +13.38% | $358.72 (+0.69%) |
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May 14, 2026
26d ago
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144
| $375.60 $385.98 | ▼ −2.76% | ▼ −1.80% | $358.72 (+4.49%) |
US Market Status
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