Lisanti Capital Growth LLC Acquires New Holdings in MaxLinear, Inc $MXL

Lisanti Capital Growth LLC purchased a new stake in shares of MaxLinear, Inc (NASDAQ:MXL) during the second quarter, Holdings Channel reports. The fund purchased 21,410 shares of the semiconductor company’s stock, valued at approximately $2,741,000.

Several other institutional investors and hedge funds have also modified their holdings of MXL. Pure Financial Advisors LLC bought a new position in shares of MaxLinear in the fourth quarter valued at approximately $1,424,000. HighTower Advisors LLC lifted its stake in shares of MaxLinear by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 656,319 shares of the semiconductor company’s stock worth $11,440,000 after buying an additional 10,948 shares during the last quarter. Pictet Asset Management Holding SA bought a new stake in shares of MaxLinear during the 4th quarter worth $190,000. Assenagon Asset Management S.A. boosted its holdings in shares of MaxLinear by 110.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 221,266 shares of the semiconductor company’s stock worth $28,329,000 after buying an additional 116,339 shares during the period. Finally, Vanguard Group Inc. grew its stake in MaxLinear by 4.8% in the 4th quarter. Vanguard Group Inc. now owns 13,326,387 shares of the semiconductor company’s stock valued at $232,279,000 after buying an additional 605,903 shares during the last quarter. Institutional investors and hedge funds own 90.79% of the company’s stock.

MaxLinear Trading Down 8.5%

Shares of MaxLinear stock opened at $66.43 on Thursday. The stock has a market capitalization of $6.02 billion, a P/E ratio of -55.82 and a beta of 3.95. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.26. The company has a 50-day simple moving average of $82.84 and a 200 day simple moving average of $56.61. MaxLinear, Inc has a 12-month low of $12.77 and a 12-month high of $128.30.

MaxLinear (NASDAQ:MXL) last issued its quarterly earnings data on Thursday, July 23rd. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. The firm had revenue of $168.85 million for the quarter, compared to analyst estimates of $164.64 million. The company’s revenue was up 55.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 EPS. Research analysts expect that MaxLinear, Inc will post 0.78 earnings per share for the current fiscal year.

Key Headlines Impacting MaxLinear

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear’s expanding portfolio of silicon for AI data-center racks could strengthen its long-term positioning in data-center connectivity and provide a potential growth avenue beyond its traditional broadband markets. Is MaxLinear’s Expanded AI Rack Silicon Portfolio Quietly Reshaping Its Long-Term Positioning?
• Positive Sentiment: The company’s latest reported quarter showed strong momentum: revenue rose 55.2% year over year to $168.85 million, while adjusted EPS of $0.35 exceeded the $0.33 consensus estimate. This provides fundamental support for the stock despite its recent volatility.
• Neutral Sentiment: Recent coverage is focused on what could shape MaxLinear’s next move, indicating that investors are assessing whether the rally can be sustained and whether AI-related opportunities can offset execution and valuation concerns. MaxLinear Slides: What Could Shape Its Next Move?
• Negative Sentiment: CEO Kishore Seendripu disclosed sales totaling 591,454 shares across August 14 and August 17, worth approximately $50.4 million. The August 14 transaction alone reduced his position by 57.73%, leaving 175,727 shares reported afterward. Such sizable insider selling can pressure sentiment, particularly after a major stock-price advance. MaxLinear CEO Sells 240,000 Shares
• Negative Sentiment: A risk-focused analysis is drawing attention to potentially important issues in MaxLinear’s disclosures, adding to investor caution while the company remains unprofitable on a GAAP basis. MaxLinear: An Elephant Size Risk Hidden in the Small Footnotes

Analysts Set New Price Targets

Several equities analysts recently weighed in on MXL shares. Benchmark began coverage on MaxLinear in a research report on Wednesday, May 27th. They set a “buy” rating and a $125.00 price objective for the company. Roth Capital lifted their price target on MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Needham & Company LLC upped their price target on MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Wells Fargo & Company increased their price objective on MaxLinear from $42.00 to $75.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. Finally, Loop Capital raised MaxLinear from a “hold” rating to a “buy” rating and increased their price objective for the company from $17.00 to $75.00 in a research report on Wednesday, April 29th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $85.00.

Insider Buying and Selling at MaxLinear

In other MaxLinear news, CEO Kishore Seendripu sold 351,454 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $85.95, for a total transaction of $30,207,471.30. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Thomas E. Pardun sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the director directly owned 55,252 shares of the company’s stock, valued at $5,801,460. The trade was a 16.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 602,454 shares of company stock worth $51,589,671 over the last 90 days. 7.70% of the stock is owned by corporate insiders.

MaxLinear Profile

MaxLinear, Inc is a provider of radio-frequency (RF), analog, and mixed-signal integrated circuits for broadband communications, data center connectivity, and video infrastructure applications. The company’s product portfolio includes high-performance RF front-end modules, broadband power amplifiers, optical and Ethernet transceivers, and network processors designed to support demanding signal processing requirements.

MaxLinear’s semiconductor solutions are used by cable and satellite television operators, fiber-to-the-home service providers, network equipment manufacturers, and data center operators.