SUSAN OCAMPO, Director at MACOM Technology Solns (NASDAQ:MTSI), executed a substantial insider sell on February 9, according to an SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Friday, OCAMPO sold 465,993 shares of MACOM Technology Solns. The total transaction value is $37,916,733.
Monitoring the market, MACOM Technology Solns's shares down by 0.0% at $82.45 during Friday's morning.
Get to Know MACOM Technology Solns Better
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.
Financial Milestones: MACOM Technology Solns's Journey
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 to its peers, the revenue growth ...