MBL Wealth LLC Buys 8,326 Shares of MaxLinear, Inc $MXL

MBL Wealth LLC lifted its stake in MaxLinear, Inc (NASDAQ:MXL) by 311.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 11,002 shares of the semiconductor company’s stock after buying an additional 8,326 shares during the quarter. MBL Wealth LLC’s holdings in MaxLinear were worth $994,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. bought a new position in shares of MaxLinear during the 2nd quarter worth approximately $1,754,062,000. The Manufacturers Life Insurance Company bought a new stake in MaxLinear in the second quarter valued at $165,221,000. AIGH Capital Management LLC bought a new stake in MaxLinear in the second quarter valued at $104,729,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in MaxLinear in the second quarter valued at $81,056,000. Finally, Bank of New York Mellon Corp acquired a new position in MaxLinear during the second quarter worth $65,213,000. 90.79% of the stock is owned by institutional investors and hedge funds.

Key MaxLinear News

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?

MaxLinear Stock Performance

NASDAQ:MXL opened at $63.46 on Friday. MaxLinear, Inc has a 1 year low of $12.77 and a 1 year high of $128.30. The firm has a 50 day moving average of $77.12 and a 200-day moving average of $75.94. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $5.76 billion, a P/E ratio of -171.51 and a beta of 3.93.

MaxLinear (NASDAQ:MXL) last released its quarterly earnings results on Thursday, October 22nd. The semiconductor company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $218.06 million for the quarter, compared to analyst estimates of $214.95 million. During the same period in the prior year, the company earned $0.14 EPS. MaxLinear’s revenue for the quarter was up 72.4% on a year-over-year basis. As a group, sell-side analysts anticipate that MaxLinear, Inc will post 0.78 EPS for the current fiscal year.

Insider Transactions at MaxLinear

In other MaxLinear news, CEO Kishore Seendripu sold 351,454 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $85.95, for a total value of $30,207,471.30. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 7.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MXL shares. Weiss Ratings reissued a “sell (d-)” rating on shares of MaxLinear in a report on Thursday, October 15th. Needham & Company LLC boosted their target price on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Roth Capital upped their target price on shares of MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Wells Fargo & Company dropped their target price 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. Finally, Wall Street Zen upgraded shares of MaxLinear from a “hold” rating to a “buy” rating in a research report on Sunday, July 26th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, MaxLinear presently has a consensus rating of “Hold” and a consensus target price of $94.30.

MaxLinear Profile

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.