MaxLinear, Inc (NYSE:MXL) VP Brendan Walsh sold 25,018 shares of MaxLinear stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $28.00, for a total value of $700,504.00. Following the completion of the sale, the vice president now directly owns 155,441 shares of the company’s stock, valued at $4,352,348. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of MaxLinear, Inc (MXL) traded down $0.89 during midday trading on Wednesday, hitting $27.11. The stock had a trading volume of 579,417 shares, compared to its average volume of 479,129. MaxLinear, Inc has a twelve month low of $20.38 and a twelve month high of $32.47. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.23 and a quick ratio of 1.58. The firm has a market capitalization of $1,800.00, a PE ratio of 104.27 and a beta of 0.47.

MaxLinear (NYSE:MXL) last released its earnings results on Tuesday, November 7th. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.06. The firm had revenue of $113.58 million during the quarter, compared to analyst estimates of $115.77 million. MaxLinear had a return on equity of 20.96% and a net margin of 4.73%. MaxLinear’s revenue was up 17.9% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. analysts expect that MaxLinear, Inc will post 1.05 EPS for the current year.

A number of equities research analysts have recently weighed in on the company. Zacks Investment Research cut MaxLinear from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Roth Capital reaffirmed a “buy” rating and issued a $33.00 price objective on shares of MaxLinear in a research note on Friday, December 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $32.00 price objective on shares of MaxLinear in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $31.60.

A number of large investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. boosted its holdings in MaxLinear by 0.9% in the second quarter. D.A. Davidson & CO. now owns 5,298 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 45 shares during the period. Ameritas Investment Partners Inc. boosted its holdings in MaxLinear by 9.5% in the second quarter. Ameritas Investment Partners Inc. now owns 5,283 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 460 shares during the period. Victory Capital Management Inc. boosted its holdings in MaxLinear by 1.2% in the second quarter. Victory Capital Management Inc. now owns 50,232 shares of the semiconductor company’s stock valued at $1,401,000 after purchasing an additional 577 shares during the period. Swiss National Bank boosted its holdings in MaxLinear by 2.7% in the second quarter. Swiss National Bank now owns 98,273 shares of the semiconductor company’s stock valued at $2,741,000 after purchasing an additional 2,600 shares during the period. Finally, LS Investment Advisors LLC boosted its holdings in MaxLinear by 59.4% in the third quarter. LS Investment Advisors LLC now owns 7,638 shares of the semiconductor company’s stock valued at $181,000 after purchasing an additional 2,846 shares during the period. Hedge funds and other institutional investors own 88.64% of the company’s stock.

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MaxLinear Company Profile

MaxLinear, Inc is a provider of radio frequency (RF) and mixed-signal integrated circuits for cable and satellite broadband communications and the connected home, and wired and wireless infrastructure markets. The Company’s RF receiver products capture and process digital and analog broadband signals to be decoded for various applications.

Insider Buying and Selling by Quarter for MaxLinear (NYSE:MXL)

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