MTSI - Board Member Of MACOM Technology Solns Makes $20.25M Sale | Benzinga
Making a noteworthy insider sell on May 22, SUSAN OCAMPO, Board Member at MACOM Technology Solns (NASDAQ:MTSI), is reported in the latest SEC filing.
What Happened: OCAMPO's recent move involves selling 196,908 shares of MACOM Technology Solns. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $20,245,495.
The latest update on Thursday morning shows MACOM Technology Solns shares up by 1.9%, trading at $103.08.
Discovering MACOM Technology Solns: A Closer Look
MACOM Technology Solutions Holdings Inc is a provider of analog, digital and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in systems for industrial, medical, scientific, and test and measurement markets. The firm's portfolio of products includes integrated circuits, multichip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Taiwan, and other countries across the world.
MACOM Technology Solns's Financial Performance
Revenue Growth: MACOM Technology Solns's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 6.98%. This signifies ...