White Pine Capital LLC Has $676,000 Position in MaxLinear, Inc $MXL

White Pine Capital LLC lifted its stake in shares of MaxLinear, Inc (NASDAQ:MXLFree Report) by 94.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,549 shares of the semiconductor company’s stock after purchasing an additional 23,086 shares during the quarter. White Pine Capital LLC owned 0.05% of MaxLinear worth $676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new stake in shares of MaxLinear during the second quarter worth $44,000. PNC Financial Services Group Inc. boosted its holdings in shares of MaxLinear by 104.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 1,828 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in MaxLinear during the 1st quarter worth $49,000. GAMMA Investing LLC increased its holdings in MaxLinear by 36.6% in 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 in the last quarter. Finally, Strs Ohio bought a new position in MaxLinear in the first quarter valued at about $63,000. Institutional investors own 90.79% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on MXL. Wells Fargo & Company upped their price objective on MaxLinear from $13.00 to $18.00 and gave the company an “equal weight” rating in a research note on Thursday, July 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of MaxLinear in a report on Wednesday, October 8th. Loop Capital restated a “hold” rating and issued a $15.00 price target (up from $10.00) on shares of MaxLinear in a research report on Monday, August 4th. Wall Street Zen upgraded shares of MaxLinear from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Benchmark reissued a “buy” rating and issued a $25.00 price objective on shares of MaxLinear in a research note on Friday, October 24th. Three research 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $19.94.

Get Our Latest Stock Analysis on MaxLinear

Insiders Place Their Bets

In other MaxLinear news, insider Steven G. Litchfield sold 102,157 shares of the 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 completion of the sale, the insider directly owned 312,203 shares in the company, valued at approximately $5,394,867.84. This trade represents a 24.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Daniel A. Artusi sold 20,747 shares of MaxLinear stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $15.39, for a total value of $319,296.33. Following the completion of the transaction, the director directly owned 12,141 shares of the company’s stock, valued at approximately $186,849.99. This trade represents a 63.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 131,959 shares of company stock worth $2,228,272 in the last ninety days. Insiders own 7.80% of the company’s stock.

MaxLinear Stock Down 2.7%

MaxLinear stock opened at $13.05 on Friday. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -6.24 and a beta of 1.83. MaxLinear, Inc has a 52-week low of $8.35 and a 52-week high of $25.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.08 and a current ratio of 1.55. The firm has a 50 day moving average price of $15.72 and a two-hundred day moving average price of $14.68.

MaxLinear (NASDAQ:MXLGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The semiconductor company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. MaxLinear had a negative net margin of 42.43% and a negative return on equity of 12.74%. The company had revenue of $126.46 million for the quarter, compared to analyst estimates of $124.66 million. During the same period in the prior year, the firm posted ($0.36) EPS. The company’s quarterly revenue was up 56.0% on a year-over-year basis. MaxLinear has set its Q4 2025 guidance at EPS. Equities analysts predict that MaxLinear, Inc will post -0.37 EPS for the current year.

MaxLinear Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for MaxLinear (NASDAQ:MXL)

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