MACOM Technology Solutions Holdings (MTSI) Surged in Q4 Amid Robust Growth in Data Center & Defense Sectors

2 months ago 14

Soumya Eswaran

Thu, Apr 3, 2025, 6:05 AM 3 min read

Artisan Partners, an concern absorption company, released its “Artisan Global Discovery Fund” 4th fourth 2024 capitalist letter. A transcript of the missive tin beryllium downloaded here. In the 4th quarter, the fund’s Investor Class APFDX returned 2.65%, Advisor Class APDDX posted a instrumentality of 2.69% and Institutional Class APHDX returned 2.76%, compared to a -0.99% instrumentality for the MSCI All Country World Index. US stocks ended a beardown twelvemonth with beardown gains successful Q4. The portfolio outperformed the scale successful some Q4 and 2024. Strong banal enactment drove the portfolio’s show successful Q4. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2024.

In its 4th fourth 2024 capitalist letter, Artisan Global Discovery Fund emphasized stocks specified arsenic MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures analog semiconductor solutions for wireless and wireline applications crossed the vigor frequence (RF), microwave, millimeter wave, and airy question spectrum. The one-month instrumentality MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -1.00%, and its shares gained 3.09% of their worth implicit the past 52 weeks. On April 2, 2025, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) banal closed astatine $103.78 per stock with a marketplace capitalization of $7.715 billion.

Artisan Global Discovery Fund stated the pursuing regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) successful its Q4 2024 capitalist letter:

"Among our apical Q4 contributors were MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) and Galderma. MACOM Technology Solutions designs and manufactures high-performance semiconductors. The company’s comparatively caller absorption squad is taking steps to accelerate top-line maturation and grow margins by addressing smaller, long-duration merchandise rhythm markets successful which it tin supply a differentiated offering, particularly successful compound semis (those made from 2 oregon much elements). Shares person outperformed owed to dependable maturation of information halfway and defence extremity markets. As a subordinate of the US Department of Defense’s trusted foundry program, MACOM is simply a trusted shaper of US subject and aerospace applications and offers a broad portfolio of products that enactment the demanding show requirements of today’s aerospace and defence systems. Meanwhile, we judge the much cyclical areas of the concern wrong concern and telecommunications are not acold from a betterment signifier that volition supply meaningful net upside successful the years to come. After the play of beardown performance, we trimmed the position."

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