Apollon Wealth Management LLC Acquires New Position in MaxLinear, Inc $MXL

Apollon Wealth Management LLC bought a new position in shares of MaxLinear, Inc (NASDAQ:MXL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,013 shares of the semiconductor company’s stock, valued at approximately $142,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Invesco Ltd. grew its holdings in shares of MaxLinear by 414.8% during the first quarter. Invesco Ltd. now owns 1,684,247 shares of the semiconductor company’s stock valued at $18,291,000 after buying an additional 1,357,093 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in MaxLinear by 1,426.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,004,835 shares of the semiconductor company’s stock worth $10,913,000 after acquiring an additional 939,027 shares during the period. Cinctive Capital Management LP purchased a new stake in MaxLinear during the 1st quarter valued at about $8,610,000. The Manufacturers Life Insurance Company increased its holdings in shares of MaxLinear by 48.2% in the first quarter. The Manufacturers Life Insurance Company now owns 2,260,392 shares of the semiconductor company’s stock valued at $24,548,000 after purchasing an additional 734,973 shares during the period. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of MaxLinear by 635.1% in the first quarter. Cubist Systematic Strategies LLC now owns 810,438 shares of the semiconductor company’s stock valued at $8,801,000 after purchasing an additional 700,189 shares during the period. Hedge funds and other institutional investors own 90.79% of the company’s stock.

Analyst Upgrades and Downgrades

MXL has been the subject of a number of research reports. Loop Capital reaffirmed a “hold” rating and set a $15.00 target price (up previously from $10.00) on shares of MaxLinear in a report on Monday, August 4th. Susquehanna lifted their price objective on shares of MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Wall Street Zen raised shares of MaxLinear from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Wells Fargo & Company raised their target price on shares of MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a report on Thursday, July 24th. Finally, Zacks Research lowered shares of MaxLinear from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $19.31.

MaxLinear Trading Down 2.9%

Shares of MaxLinear stock opened at $16.97 on Monday. The firm has a 50-day simple moving average of $16.03 and a two-hundred day simple moving average of $13.88. The company has a market cap of $1.48 billion, a P/E ratio of -6.87 and a beta of 1.77. MaxLinear, Inc has a fifty-two week low of $8.35 and a fifty-two week high of $25.73. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.55.

MaxLinear (NASDAQ:MXL) last posted its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $108.81 million for 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%.The company’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period last year, the firm earned ($0.25) EPS. MaxLinear has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that MaxLinear, Inc will post -0.37 earnings per share for the current fiscal year.

Insider Activity at MaxLinear

In other news, insider Steven G. Litchfield sold 102,157 shares of the company’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 transaction of $1,765,272.96. Following the completion of the transaction, the insider directly owned 312,203 shares of the company’s stock, valued at $5,394,867.84. This represents a 24.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 7.80% of the stock is owned by company 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.