Blair William & Co. IL Sells 3,908 Shares of MaxLinear, Inc $MXL

Blair William & Co. IL decreased its stake in MaxLinear, Inc (NASDAQ:MXL) by 17.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,848 shares of the semiconductor company’s stock after selling 3,908 shares during the quarter. Blair William & Co. IL’s holdings in MaxLinear were worth $268,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Tectonic Advisors LLC acquired a new stake in MaxLinear in the 2nd quarter valued at $1,188,000. Principal Financial Group Inc. boosted its stake in MaxLinear by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 384,677 shares of the semiconductor company’s stock valued at $4,178,000 after buying an additional 9,955 shares in the last quarter. Federated Hermes Inc. acquired a new stake in MaxLinear in the 1st quarter valued at $1,486,000. Teacher Retirement System of Texas bought a new stake in shares of MaxLinear during the first quarter worth $266,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of MaxLinear during the second quarter worth $302,000. Institutional investors and hedge funds own 90.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MXL shares. Zacks Research lowered MaxLinear from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Benchmark restated a “buy” rating and issued a $25.00 target price on shares of MaxLinear in a research note on Friday. Stifel Nicolaus raised their target price on MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Weiss Ratings restated a “sell (d-)” rating on shares of MaxLinear in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company upped their price target on MaxLinear from $13.00 to $18.00 and gave the company an “equal weight” rating in a research note on Thursday, July 24th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $19.31.

MaxLinear Stock Down 2.9%

Shares of MaxLinear stock opened at $16.97 on Friday. MaxLinear, Inc has a 1 year low of $8.35 and a 1 year high of $25.73. The business has a 50-day moving average of $16.03 and a two-hundred day moving average of $13.85. The company has a market capitalization of $1.48 billion, a P/E ratio of -6.87 and a beta of 1.77. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.14.

MaxLinear (NASDAQ:MXL) last posted its quarterly earnings data on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $108.81 million during the quarter, compared to analysts’ expectations 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 in the prior year, the firm earned ($0.25) earnings per share. MaxLinear has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that MaxLinear, Inc will post -0.37 EPS for the current year.

Insider Activity

In other news, insider Steven G. Litchfield sold 102,157 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $17.28, for a total value of $1,765,272.96. Following the completion of 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 filing with the SEC, which is available at this link. 7.80% of the stock is currently owned by insiders.

MaxLinear Company 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.