83,599 Shares in MaxLinear, Inc $MXL Bought by Tectonic Advisors LLC

Tectonic Advisors LLC acquired a new position in shares of MaxLinear, Inc (NASDAQ:MXL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 83,599 shares of the semiconductor company’s stock, valued at approximately $1,188,000. Tectonic Advisors LLC owned approximately 0.10% of MaxLinear at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of MXL. Farther Finance Advisors LLC purchased a new stake in shares of MaxLinear during the second quarter worth $44,000. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of MaxLinear during the first quarter worth $49,000. Strs Ohio purchased a new stake in shares of MaxLinear during the first quarter worth $63,000. GAMMA Investing LLC raised its holdings in shares of MaxLinear by 36.6% during the second quarter. GAMMA Investing LLC now owns 5,143 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 1,378 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of MaxLinear by 144.3% during the first quarter. Larson Financial Group LLC now owns 6,863 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 4,054 shares in the last quarter. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other 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 value of $1,765,272.96. Following the sale, the insider directly owned 312,203 shares of the company’s stock, valued at approximately $5,394,867.84. This trade represents a 24.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 7.80% of the company’s stock.

Analyst Ratings Changes

MXL has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Benchmark reaffirmed a “buy” rating and issued a $25.00 price target on shares of MaxLinear in a research report on Tuesday, September 2nd. Wall Street Zen raised MaxLinear from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research report on Wednesday. Finally, Loop Capital reaffirmed a “hold” rating and issued a $15.00 price target (up previously from $10.00) on shares of MaxLinear in a research report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $19.31.

MaxLinear Trading Down 1.7%

Shares of NASDAQ:MXL opened at $15.96 on Friday. The company has a market cap of $1.39 billion, a P/E ratio of -6.46 and a beta of 1.77. The stock’s 50-day moving average is $15.88 and its 200-day moving average is $13.65. 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 0.25, a quick ratio of 1.14 and a current ratio of 1.55.

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

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.