MTSI - SUSAN OCAMPO Implements A Sell Strategy: Offloads $14.11M In MACOM Technology Solns Stock | Benzinga
Making a noteworthy insider sell on February 27, SUSAN OCAMPO, Director at MACOM Technology Solns (NASDAQ:MTSI), is reported in the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, OCAMPO sold 161,444 shares of MACOM Technology Solns. The total transaction value is $14,111,441.
MACOM Technology Solns shares are trading down 0.0% at $87.73 at the time of this writing on Tuesday morning.
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 Economic Impact: An Analysis
Revenue Challenges: MACOM Technology Solns's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -15.59%. This indicates a decrease in top-line earnings. As compared ...