Ocampo Family Trusts, which hold roughly a 10% ownership stake in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), sold a total of 315,902 shares of the company’s common stock between February 24 and February 25, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The aggregate proceeds of those sales were approximately $79.9 million. Prices realized on the transactions ranged from $250.077 to $255.2223 per share, with the stock trading near its 52-week high of $256.12 at the time. Over the prior 12 months the equity had returned 113%, and MACOM carried a market capitalization of about $18.3 billion.
Details disclosed in the Form 4 show that on February 24, 2026 the trusts sold 53,509 shares at an average price of $250.077. The following day, February 25, 2026, the filing records three sales: 41,012 shares at an average price of $250.3945, 2,323 shares at an average price of $251.1582, and 218,428 shares at an average price of $255.2223.
In addition to these dispositions, the filing indicates the Ocampo Family Trusts made a gift of 174,465 shares of MACOM common stock on February 25, 2026. The reported price per share for this transfer was $0.
Post-transaction ownership reported on the filing shows the Ocampo Family Trusts directly hold 3,759,895 shares of MACOM common stock. Related trusts for children own 2,577,334 shares, and a grantor retained annuity trust (GRAT) holds 938,631 shares.
Company results and analyst responses
MACOM released financial results for the first quarter of fiscal year 2026 that exceeded expectations on both top-line and adjusted earnings metrics. Revenue was reported at $271.6 million, above the company’s guidance midpoint and analyst estimates of $269.0 million. Adjusted earnings per share came in at $1.02 versus a consensus forecast of $0.9973.
The quarterly results represented a 4.0% sequential increase in sales and a 24.5% year-over-year gain. Analysts at Benchmark raised their price target on MACOM to $260 while maintaining a Buy rating. Stifel also increased its price target, to $255, and maintained a Buy rating. Both firms cited strength across end markets and improved forward visibility, noting a record backlog and a book-to-bill ratio of 1.3.
Despite the stronger-than-expected quarter and the analyst actions, MACOM’s stock declined in pre-market trading following the earnings announcement.
Valuation note
An InvestingPro analysis referenced in the filing indicated that MTSI currently appears overvalued relative to its Fair Value. The analysis also places the stock on InvestingPro’s Most Overvalued list and notes that the platform provides additional analysis including 21 supplemental ProTips and financial health metrics.
Context and implications
The transactions recorded in the Form 4 represent a material disposition by a sizable shareholder across two consecutive trading days at prices clustered around the high-$200s per share. Combined with the gift transaction reported at no consideration, the disclosure updates the trusts’ and related entities’ shareholdings.
Investors and market participants will observe both the insider activity and the company’s reported operational momentum - higher revenue and EPS, a growing backlog and a book-to-bill ratio above 1.0 - as they assess MACOM’s near-term outlook. The InvestingPro valuation assessment and the stock’s pre-market reaction to earnings provide additional data points for market evaluation.
This report is based on the filings and disclosures specified above and the company’s publicly reported quarterly results.