Robert Dennehy has been promoted to COO at MACOM, overseeing global operations and supporting company growth.
Quiver AI Summary
MACOM Technology Solutions Holdings, Inc. has announced the promotion of Robert Dennehy to Chief Operating Officer (COO). In this new role, he will oversee the company's global operations, including manufacturing and supply chain strategies, as MACOM continues to expand its customer base. Dennehy has been with MACOM for many years, previously serving as Senior Vice President of Operations and holding various roles since 2006. CEO Stephen G. Daly praised Dennehy's leadership and expertise, stating that his promotion to COO aligns with the company’s growth and operational complexity. Dennehy expressed his honor in taking on this role and commitment to contributing to the company's success. MACOM is known for its high-performance semiconductor products across various industries and operates globally with a focus on innovation and quality standards.
Potential Positives
- Robert Dennehy's promotion to COO demonstrates the company's commitment to strong leadership and operational excellence, which can enhance overall performance and strategic execution.
- The establishment of a COO position indicates MACOM's growth and the increasing complexity of its operations, suggesting a proactive approach to managing business expansion.
- Mr. Dennehy’s extensive experience within MACOM provides continuity in leadership, which can foster stability and confidence among employees and stakeholders.
- The company's robust product portfolio and certifications in various industry standards affirm MACOM's commitment to high-quality semiconductor manufacturing, strengthening its market position.
Potential Negatives
- The promotion of Robert Dennehy to COO may indicate operational challenges or complexities within the company that necessitated the creation of this new position.
- The press release's numerous forward-looking statements highlight significant uncertainties, including risks related to supply chain disruptions, geopolitical unrest, and dependence on a limited number of customers, which could negatively impact future performance.
FAQ
What is the recent promotion at MACOM Technology Solutions?
Robert Dennehy has been promoted to Chief Operating Officer (COO) at MACOM Technology Solutions.
What are Robert Dennehy's responsibilities as COO?
He will oversee MACOM's global operations, manufacturing, supply chain, and operational strategies.
How long has Robert Dennehy been with MACOM?
Robert Dennehy has been with MACOM since 2006 in various roles, including Senior Vice President, Operations.
What products does MACOM Technology Solutions manufacture?
MACOM designs semiconductor products for Industrial, Defense, Data Center, and Telecommunications industries.
How does MACOM ensure product quality?
MACOM has achieved certification to several quality standards, including IATF16949 and ISO9001.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MTSI Insider Trading Activity
$MTSI insiders have traded $MTSI stock on the open market 86 times in the past 6 months. Of those trades, 0 have been purchases and 86 have been sales.
Here’s a breakdown of recent trading of $MTSI stock by insiders over the last 6 months:
- SUSAN OCAMPO has made 0 purchases and 32 sales selling 1,741,287 shares for an estimated $242,426,561.
- STEPHEN G DALY (President and CEO) has made 0 purchases and 17 sales selling 46,419 shares for an estimated $6,811,428.
- JOHN KOBER (Senior VP and CFO) has made 0 purchases and 12 sales selling 24,225 shares for an estimated $3,895,889.
- AMBRA R. ROTH (SVP, GC and Secretary) has made 0 purchases and 6 sales selling 17,268 shares for an estimated $2,778,652.
- ROBERT DENNEHY (SVP, Operations) has made 0 purchases and 6 sales selling 18,241 shares for an estimated $2,414,204.
- DONGHYUN THOMAS HWANG (SVP, Global Sales) has made 0 purchases and 10 sales selling 8,789 shares for an estimated $1,297,394.
- JIHYE WHANG ROSENBAND has made 0 purchases and 2 sales selling 1,600 shares for an estimated $199,048.
- CHARLES R BLAND sold 1,000 shares for an estimated $157,790
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MTSI Hedge Fund Activity
We have seen 236 institutional investors add shares of $MTSI stock to their portfolio, and 211 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,721,449 shares (+98.9%) to their portfolio in Q3 2025, for an estimated $338,793,186
- BLACKROCK, INC. added 1,213,503 shares (+20.8%) to their portfolio in Q3 2025, for an estimated $151,068,988
- CITADEL ADVISORS LLC removed 993,395 shares (-71.6%) from their portfolio in Q3 2025, for an estimated $123,667,743
- POLAR CAPITAL HOLDINGS PLC removed 930,551 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $115,844,293
- MILLENNIUM MANAGEMENT LLC removed 810,398 shares (-72.4%) from their portfolio in Q3 2025, for an estimated $100,886,447
- WELLINGTON MANAGEMENT GROUP LLP added 634,903 shares (+180.6%) to their portfolio in Q3 2025, for an estimated $79,039,074
- BANK OF AMERICA CORP /DE/ added 601,001 shares (+219.3%) to their portfolio in Q3 2025, for an estimated $74,818,614
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MTSI Analyst Ratings
Wall Street analysts have issued reports on $MTSI in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 11/07/2025
- Benchmark issued a "Buy" rating on 11/07/2025
- Truist Securities issued a "Buy" rating on 11/07/2025
- Needham issued a "Buy" rating on 11/06/2025
- Stifel issued a "Buy" rating on 07/18/2025
- B of A Securities issued a "Buy" rating on 06/24/2025
To track analyst ratings and price targets for $MTSI, check out Quiver Quantitative's $MTSI forecast page.
$MTSI Price Targets
Multiple analysts have issued price targets for $MTSI recently. We have seen 6 analysts offer price targets for $MTSI in the last 6 months, with a median target of $177.5.
Here are some recent targets:
- Tom O'Malley from Barclays set a target price of $200.0 on 11/07/2025
- David Williams from Benchmark set a target price of $190.0 on 11/07/2025
- William Stein from Truist Securities set a target price of $180.0 on 11/07/2025
- N. Quinn Bolton from Needham set a target price of $175.0 on 11/06/2025
- Tore Svanberg from Stifel set a target price of $155.0 on 07/18/2025
- Vivek Arya from B of A Securities set a target price of $160.0 on 06/24/2025
Full Release
LOWELL, Mass., Nov. 25, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced the promotion of Robert Dennehy to Chief Operating Officer (“COO”). In this role, Mr. Dennehy will continue to oversee MACOM's global operations, manufacturing, supply chain and operational strategies as the company continues to grow and serve its diverse customer base. Mr. Dennehy’s comprehensive knowledge of the company's operations, manufacturing processes and strategic objectives positions him well to lead MACOM's operational functions and support the company's future growth.
Mr. Dennehy has served as Senior Vice President, Operations, since October 2013, and prior to that had served as Vice President, Operations, since March 2011. He previously served as Managing Director of MACOM’s Cork, Ireland subsidiary from 2006 to March 2011. Prior to that, Mr. Dennehy held product management as well as other positions within the Company.
“On behalf of the board of directors and all of our employees, I congratulate Robert on his well-deserved promotion,” said Stephen G. Daly, President and Chief Executive Officer of MACOM. “Our growth has expanded the scope and complexity of our operations, resulting in the creation of this new COO position. Robert’s strong management and leadership skills have enabled MACOM to achieve great results. His deep understanding of the industry and our business, combined with his hard work and dedication, makes him the ideal leader of our complex and growing operational organization.”
“I am honored to take on this expanded role and look forward to the opportunity to contribute to MACOM's continued success,” said Robert Dennehy. “Having been part of this organization for many years, I have witnessed firsthand our team's commitment to innovation and excellence.”
About MACOM
MACOM designs and manufactures high-performance semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements based on MACOM management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include, among others, statements about MACOM’s strategic plans and priorities, projected growth, complexity of our business and diversified customer base and information concerning Mr. Dennehy’s expertise and expected future contributions to MACOM.
These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including our ability to develop new products and achieve market acceptance of those products; component shortages or other disruptions in our supply chain, including as a result of geopolitical unrest or otherwise; inflationary pressures; any failure to accurately anticipate demand for our products and effectively manage our inventory; our dependence on a limited number of customers; risks related to any weakening of global economic conditions, including as a result of the evolving impacts from tariffs, sanctions or other trade tensions (including implementation of new tariffs, export bans or retaliatory trade measures); the impact of government shutdowns and the July 4, 2025 Bill on our business; our ability to compete effectively; and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements speak only as of the date of this press release, and MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti
Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E:
[email protected]