Charles Schwab Investment Management Inc. Raises Position in MaxLinear, Inc $MXL

Key Points

• Charles Schwab Investment Management Inc. increased its stake in MaxLinear, Inc. by 4.8%, holding over 1 million shares worth approximately $11.58 million as of the end of the first quarter.
• MaxLinear's stock price rose to $17.22 with a market cap of $1.50 billion, although it has a 52-week range between $8.35 and $25.73.
• Recent analyst ratings for MaxLinear show a consensus of "Hold" with a price target averaging $19.31, after various firms adjusted their price targets in July.

Charles Schwab Investment Management Inc. boosted its position in MaxLinear, Inc (NASDAQ:MXL - Free Report) by 4.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,066,306 shares of the semiconductor company's stock after buying an additional 48,995 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.26% of MaxLinear worth $11,580,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in MaxLinear by 1.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 60,406 shares of the semiconductor company's stock valued at $1,195,000 after buying an additional 631 shares in the last quarter. Blair William & Co. IL boosted its stake in MaxLinear by 4.1% during the 1st quarter. Blair William & Co. IL now owns 22,756 shares of the semiconductor company's stock valued at $247,000 after purchasing an additional 902 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of MaxLinear by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,394 shares of the semiconductor company's stock valued at $898,000 after buying an additional 2,004 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of MaxLinear by 10.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,355 shares of the semiconductor company's stock valued at $275,000 after buying an additional 2,309 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of MaxLinear by 7.3% during the fourth quarter. MetLife Investment Management LLC now owns 48,592 shares of the semiconductor company's stock valued at $961,000 after buying an additional 3,314 shares during the last quarter. 90.79% of the stock is owned by institutional investors.

MaxLinear Stock Performance

Shares of MXL stock traded down $0.48 during trading hours on Wednesday, hitting $16.74. 1,424,105 shares of the company were exchanged, compared to its average volume of 1,615,227. The firm has a fifty day simple moving average of $15.13 and a 200 day simple moving average of $13.25. The company has a current ratio of 1.55, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. MaxLinear, Inc has a 52-week low of $8.35 and a 52-week high of $25.73. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -6.78 and a beta of 1.69.

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Wall Street Zen cut MaxLinear from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Stifel Nicolaus lifted their target price on MaxLinear from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Susquehanna lifted their target price on shares of MaxLinear from $11.00 to $15.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Benchmark lifted their target price on shares of MaxLinear from $20.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Wells Fargo & Company lifted their target price on shares of MaxLinear from $13.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 24th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $19.31.

MaxLinear Company Profile

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.