Weekly Investment Analysts’ Ratings Changes for MaxLinear (MXL)

MaxLinear (NASDAQ: MXL) recently received a number of ratings updates from brokerages and research firms:

• 1/30/2025 – MaxLinear had its price target lowered by analysts at Susquehanna from $25.00 to $23.00. They now have a “neutral” rating on the stock.
• 1/30/2025 – MaxLinear had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 1/30/2025 – MaxLinear had its price target raised by analysts at Wells Fargo & Company from $19.00 to $20.00. They now have an “equal weight” rating on the stock.
• 1/30/2025 – MaxLinear had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $28.00 price target on the stock.
• 1/22/2025 – MaxLinear had its price target raised by analysts at Susquehanna from $20.00 to $25.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – MaxLinear had its price target raised by analysts at Wells Fargo & Company from $14.00 to $19.00. They now have an “equal weight” rating on the stock.
• 1/6/2025 – MaxLinear had its price target raised by analysts at Northland Securities from $25.00 to $27.50. They now have an “outperform” rating on the stock.
• 12/9/2024 – MaxLinear had its price target raised by analysts at Benchmark Co. from $22.00 to $28.00. They now have a “buy” rating on the stock.

MaxLinear Trading Down 19.8 %

NASDAQ:MXL opened at $17.47 on Friday. The firm has a 50 day moving average of $19.80 and a 200 day moving average of $16.44. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of -5.96 and a beta of 1.79. The company has a quick ratio of 1.38, a current ratio of 1.95 and a debt-to-equity ratio of 0.22. MaxLinear, Inc. has a 52 week low of $11.08 and a 52 week high of $26.59.

MaxLinear (NASDAQ:MXL) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.14). MaxLinear had a negative net margin of 68.01% and a negative return on equity of 21.15%. As a group, sell-side analysts anticipate that MaxLinear, Inc. will post -0.21 earnings per share for the current fiscal year.

Insider Activity at MaxLinear

In other news, VP William Torgerson sold 6,100 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $15.40, for a total value of $93,940.00. Following the transaction, the vice president now directly owns 179,262 shares of the company’s stock, valued at approximately $2,760,634.80. This represents a 3.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ted L. Tewksbury III sold 5,800 shares of MaxLinear stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $15.36, for a total value of $89,088.00. Following the sale, the director now directly owns 69,717 shares of the company’s stock, valued at $1,070,853.12. This trade represents a 7.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 48,900 shares of company stock valued at $927,278 in the last three months. 8.60% of the stock is owned by insiders.

Hedge Funds Weigh In On MaxLinear

Several hedge funds and other institutional investors have recently bought and sold shares of MXL. Vaughan Nelson Investment Management L.P. acquired a new position in shares of MaxLinear in the 3rd quarter valued at about $16,696,000. Assenagon Asset Management S.A. raised its position in MaxLinear by 339.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,250,769 shares of the semiconductor company’s stock valued at $24,740,000 after acquiring an additional 966,468 shares in the last quarter. Millennium Management LLC lifted its holdings in MaxLinear by 307.9% in the second quarter. Millennium Management LLC now owns 1,044,648 shares of the semiconductor company’s stock valued at $21,039,000 after acquiring an additional 788,558 shares during the period. FMR LLC boosted its position in MaxLinear by 184.5% in the 3rd quarter. FMR LLC now owns 456,929 shares of the semiconductor company’s stock worth $6,616,000 after purchasing an additional 296,339 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in shares of MaxLinear by 36.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,089,065 shares of the semiconductor company’s stock worth $15,770,000 after purchasing an additional 291,874 shares during the period. Institutional investors and hedge funds own 90.79% of the company’s stock.

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.