Retirement Systems of Alabama Discloses New Position in MACOM Technology Solutions Holdings, Inc.
According to a recent Form 13F filing submitted to the SEC, Retirement Systems of Alabama disclosed a noteworthy new position in MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) stock. Here’s what you need to know about MACOM Technology Solutions Holdings, Inc., as well as Retirement Systems of Alabama’s position in shares of MTSI stock:
Retirement Systems of Alabama
The Retirement Systems of Alabama inlcudes the Teachers Retirement System, Employees Retirement System, Judicial Retirement Fund, and other pension and benefit funds in Alabama, with over $21 billion in managed 13F securities. The Retirement Systems of Alabama serves the interests of its members by preserving the excellent benefits and soundness of the systems at the least expense to the state of Alabama and all Alabama taxpayers. You can learn more about Retirement Systems of Alabama on their website here.
Retirement Systems of Alabama’s New Position in MTSI Stock
According to the most recent 13F filing from Retirement Systems of Alabama, the institutional investment manager added a meaningful position in MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI), with 66,897 shares, which represents approximately 0.0956% of the 69,997,202 total MTSI shares outstanding. Based on MTSI’s last closing price of $71.82 per share, Retirement Systems of Alabama’s stake in MTSI is worth approximately $4,804,542.54, assuming no change in the position size. If you’re not very familiar with MACOM Technology Solutions Holdings, Inc., learn more below.
MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI)
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, the Asia Pacific, and internationally. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless basestations, high-capacity optical networks, radar, and medical systems and test and measurement. The company serves various markets comprising telecommunication that includes carrier infrastructure, which comprise long-haul/metro, 5G, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company was founded in 1950 and is headquartered in Lowell, Massachusetts.
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