SUSAN OCAMPO, Director at MACOM Technology Solns (NASDAQ:MTSI), executed a substantial insider sell on May 15, according to an SEC filing.
What Happened: OCAMPO's decision to sell 147,639 shares of MACOM Technology Solns was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $15,223,222.
MACOM Technology Solns shares are trading down 0.48% at $102.87 at the time of this writing on Thursday morning.
All You Need to Know About MACOM Technology Solns
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.
Understanding the Numbers: MACOM Technology Solns's Finances
Positive Revenue Trend: Examining MACOM Technology Solns's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.98% as ...