MaxLinear (NASDAQ:MXL) Shares Cross Above 200-Day Moving Average – Time to Sell?

MaxLinear, Inc (NASDAQ:MXLGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.54 and traded as high as $17.12. MaxLinear shares last traded at $16.20, with a volume of 1,542,281 shares.

Analyst Ratings Changes

A number of research analysts recently issued reports on MXL shares. Zacks Research downgraded shares of MaxLinear from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Wells Fargo & Company boosted their target price on shares of MaxLinear from $13.00 to $18.00 and gave the company an “equal weight” rating in a research report on Thursday, July 24th. Stifel Nicolaus boosted their target price on shares of MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Benchmark restated a “buy” rating and set a $25.00 target price on shares of MaxLinear in a research report on Tuesday, September 2nd. Finally, Susquehanna boosted their target price on shares of MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, MaxLinear currently has a consensus rating of “Hold” and an average target price of $19.31.

Get Our Latest Analysis on MXL

MaxLinear Stock Performance

The business’s 50-day simple moving average is $15.93 and its two-hundred day simple moving average is $13.54. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -6.56 and a beta of 1.77. The company has a quick ratio of 1.14, a current ratio of 1.55 and a debt-to-equity ratio of 0.25.

MaxLinear (NASDAQ:MXLGet Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. The business had revenue of $108.81 million during the quarter, compared to the consensus estimate of $104.94 million. MaxLinear had a negative net margin of 55.53% and a negative return on equity of 18.16%. The company’s revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.25) earnings per share. MaxLinear has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that MaxLinear, Inc will post -0.37 earnings per share for the current fiscal year.

Insider Activity at MaxLinear

In other news, insider Steven G. Litchfield sold 102,157 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were 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 owned 312,203 shares of the company’s stock, valued at $5,394,867.84. The trade was a 24.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.80% of the stock is owned by corporate insiders.

Institutional Trading of MaxLinear

A number of institutional investors and hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company increased its stake in shares of MaxLinear by 27.8% during the second quarter. The Manufacturers Life Insurance Company now owns 2,889,111 shares of the semiconductor company’s stock worth $41,054,000 after purchasing an additional 628,719 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of MaxLinear by 48.2% during the first quarter. The Manufacturers Life Insurance Company now owns 2,260,392 shares of the semiconductor company’s stock worth $24,548,000 after purchasing an additional 734,973 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of MaxLinear by 3.3% during the second quarter. Geode Capital Management LLC now owns 1,957,624 shares of the semiconductor company’s stock worth $27,821,000 after purchasing an additional 62,083 shares in the last quarter. Invesco Ltd. increased its stake in shares of MaxLinear by 414.8% during the first quarter. Invesco Ltd. now owns 1,684,247 shares of the semiconductor company’s stock worth $18,291,000 after purchasing an additional 1,357,093 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in shares of MaxLinear by 239.0% during the second quarter. Marshall Wace LLP now owns 1,385,171 shares of the semiconductor company’s stock worth $19,683,000 after purchasing an additional 976,537 shares in the last quarter. Hedge funds and other institutional investors own 90.79% of the company’s stock.

MaxLinear Company Profile

(Get 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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