MaxLinear, Inc $MXL Shares Purchased by MBL Wealth LLC

MBL Wealth LLC boosted its holdings in MaxLinear, Inc (NASDAQ:MXL) by 311.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,002 shares of the semiconductor company’s stock after buying an additional 8,326 shares during the period. MBL Wealth LLC’s holdings in MaxLinear were worth $994,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in MXL. AIGH Capital Management LLC acquired a new stake in shares of MaxLinear in the second quarter worth $104,729,000. Assenagon Asset Management S.A. increased its position in MaxLinear by 110.9% during the second quarter. Assenagon Asset Management S.A. now owns 221,266 shares of the semiconductor company’s stock worth $28,329,000 after acquiring an additional 116,339 shares during the period. Bank of America Corp DE bought a new position in MaxLinear during the second quarter worth $33,963,000. UNICOM Systems Inc. acquired a new position in MaxLinear during the 2nd quarter valued at $14,711,000. Finally, BlackRock Inc. acquired a new position in MaxLinear during the 2nd quarter valued at $1,754,062,000. 90.79% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Kishore Seendripu sold 351,454 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $85.95, for a total value of $30,207,471.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 7.70% of the company’s stock.

MaxLinear Stock Performance

MXL opened at $63.46 on Friday. The stock has a market cap of $5.76 billion, a PE ratio of -171.51 and a beta of 3.93. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.26. MaxLinear, Inc has a 1 year low of $12.77 and a 1 year high of $128.30. The stock’s 50 day simple moving average is $77.12 and its 200-day simple moving average is $75.94.

MaxLinear (NASDAQ:MXL) last issued its earnings results on Thursday, October 22nd. The semiconductor company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.56 by $0.06. MaxLinear had a positive return on equity of 13.37% and a negative net margin of 4.45%. The firm had revenue of $218.06 million during the quarter, compared to analysts’ expectations of $214.95 million. During the same period last year, the business earned $0.14 earnings per share. MaxLinear’s quarterly revenue was up 72.4% compared to the same quarter last year. Sell-side analysts forecast that MaxLinear, Inc will post 0.78 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Needham & Company LLC increased their price target on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a report on Friday, July 24th. Wall Street Zen upgraded shares of MaxLinear from a “hold” rating to a “buy” rating in a report on Sunday, July 26th. Wells Fargo & Company cut their price objective on shares of MaxLinear from $95.00 to $78.00 and set an “equal weight” rating for the company in a research report on Tuesday. Roth Capital upped their price objective on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of MaxLinear in a research note on Thursday, October 15th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $94.30.

Trending Headlines about MaxLinear

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: Beat-and-raise results: MaxLinear reported third-quarter adjusted EPS of $0.62, above the $0.56 consensus, while revenue rose 72.4% year over year to $218.1 million, exceeding expectations. GAAP results also improved to $28.9 million of net income from a $45.5 million loss a year earlier. MaxLinear earnings report
• Positive Sentiment: AI data-center momentum: Infrastructure revenue increased 210% year over year, driven by optical products used in AI data centers. The company raised its 2026 optical revenue forecast to $250 million-$270 million, with 1.6T products and hyperscaler orders supporting the outlook. MXL Q3 earnings call highlights
• Positive Sentiment: Above-consensus guidance: MaxLinear forecast fourth-quarter revenue of $240 million-$260 million, ahead of the $226 million analyst estimate. Fourth-quarter GAAP gross-margin guidance is 58%-61%, indicating continued operating improvement. MaxLinear beat-and-raise report
• Neutral Sentiment: MaxLinear expanded its revolving credit facility by $70 million to $200 million, improving financial flexibility but also increasing available borrowing capacity. MaxLinear expands credit facility
• Negative Sentiment: Profit-taking and positioning risks: The stock had already gained roughly 337% over the prior period, raising concerns that expectations may be elevated. Reported insider activity also shows substantial selling and no insider purchases over the past six months, which may be weighing on sentiment. Is MaxLinear stock too stretched?

About MaxLinear

MaxLinear, Inc is a fabless semiconductor company that designs, develops and sells integrated circuits and related solutions for broadband communications, wired and wireless infrastructure, data centers, industrial applications and consumer electronics. Its products are used by equipment manufacturers and service providers to support the transmission, processing and management of voice, video and data.

The company’s portfolio includes broadband access system-on-chip products, Ethernet transceivers and controllers, high-speed interconnect and communications devices, radio-frequency and analog products, optical and copper connectivity solutions, and power-management components.