M/a-com Technology Solutions Holdings, Inc. (MTSI): Susan Ocampo , Chairman of M/a-com Technology Solutions Holdings, Inc. sold 1,000,000 shares on Apr 28, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $41.25 per share for a total value of $4125 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, Susan Ocampo (Chairman) sold 10,000 shares at $42.22 per share price.On Apr 5, 2016, Donghyun Thomas Hwang (SVP, Global Sales) sold 4,534 shares at $45.00 per share price.Also, On Mar 23, 2016, Walter Gregory Baker (SVP & GM, RF & Microwave) sold 5,000 shares at $42.73 per share price.On Feb 3, 2016, John Croteau (President and CEO) sold 3,000 shares at $39.00 per share price.
M/A-COM Technology Solutions Hldgs Inc: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in M/A-COM Technology Solutions Hldgs Inc which led to swings in the share price. The shares opened for trading at $41.5 and hit $44.1569 on the upside , eventually ending the session at $42.44, with a gain of 2.96% or 1.22 points. The heightened volatility saw the trading volume jump to 12,14,421 shares. The 52-week high of the share price is $45.46 and the company has a market cap of $2,253 M . The 52-week low of the share price is at $25.82.
Company has been under the radar of several Street Analysts.M/A-COM Technology Solutions Hldgs Inc is Reiterated by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $41 .The Rating was issued on Mar 11, 2016.M/A-COM Technology Solutions Hldgs Inc is Resumed by Goldman to Buy. The Rating was issued on Feb 3, 2016.
M/A-COM Technology Solutions Holdings Inc. is a supplier of analog semiconductor solutions for use in wireless and wireline applications across the radio microwave and millimeter wave spectrum. The Companys semiconductor products are electronic components which includes point-to-point wireless backhaul radios radar automobile navigation systems digital cable television (CATV) set-top boxes magnetic resonance imaging systems and unmanned aerial vehicles. The Company operates in four markets: Networks which includes CATV cellular backhaul cellular infrastructure and fiber optic applications; Aerospace and Defense; Automotive which includes global positioning system modules sold to the automotive industry; and Multi-market which includes industrial medical mobile communications and scientific applications. The Company serves systems manufacturers OEMs contract manufacturers and distributors.