State of Alaska Department of Revenue Acquires 4,146 Shares of MaxLinear, Inc $MXL

State of Alaska Department of Revenue increased its position in shares of MaxLinear, Inc (NASDAQ:MXL) by 9.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,821 shares of the semiconductor company’s stock after buying an additional 4,146 shares during the period. State of Alaska Department of Revenue owned about 0.06% of MaxLinear worth $664,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MXL. Blair William & Co. IL lifted its stake in shares of MaxLinear by 4.1% during the 1st quarter. Blair William & Co. IL now owns 22,756 shares of the semiconductor company’s stock worth $247,000 after purchasing an additional 902 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of MaxLinear by 36.6% during the 2nd quarter. GAMMA Investing LLC now owns 5,143 shares of the semiconductor company’s stock worth $73,000 after purchasing an additional 1,378 shares during the last quarter. Panagora Asset Management Inc. lifted its stake in shares of MaxLinear by 0.7% during the 1st quarter. Panagora Asset Management Inc. now owns 226,123 shares of the semiconductor company’s stock worth $2,456,000 after purchasing an additional 1,635 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of MaxLinear by 0.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 535,230 shares of the semiconductor company’s stock worth $5,813,000 after purchasing an additional 2,039 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in MaxLinear by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,437 shares of the semiconductor company’s stock valued at $515,000 after buying an additional 2,043 shares during the last quarter. Hedge funds and other institutional investors own 90.79% of the company’s stock.

MaxLinear Stock Down 5.6%

MaxLinear stock opened at $15.59 on Wednesday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -6.31 and a beta of 1.77. MaxLinear, Inc has a 52 week low of $8.35 and a 52 week high of $25.73. The business’s 50-day moving average price is $15.89 and its 200 day moving average price is $13.61. The company has a quick ratio of 1.14, a current ratio of 1.55 and a debt-to-equity ratio of 0.25.

MaxLinear (NASDAQ:MXL) last posted its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $108.81 million for the quarter, compared to analyst estimates of $104.94 million. MaxLinear had a negative return on equity of 18.16% and a negative net margin of 55.53%.MaxLinear’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the company earned ($0.25) earnings per share. MaxLinear has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that MaxLinear, Inc will post -0.37 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Steven G. Litchfield sold 102,157 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $17.28, for a total transaction of $1,765,272.96. Following the sale, the insider directly owned 312,203 shares of the company’s stock, valued at $5,394,867.84. This trade represents a 24.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MXL has been the subject of a number of research analyst reports. Benchmark reiterated a “buy” rating and issued a $25.00 price target on shares of MaxLinear in a research note on Tuesday, September 2nd. Wall Street Zen upgraded MaxLinear from a “hold” rating to a “buy” rating in a research note on Saturday, September 20th. Zacks Research cut MaxLinear from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Susquehanna increased their price target on MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Finally, Loop Capital reiterated a “hold” rating and issued a $15.00 price target (up from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $19.31.

MaxLinear Profile

MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.