MaxLinear, Inc $MXL Stock Holdings Boosted by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. raised its holdings in shares of MaxLinear, Inc (NASDAQ:MXL - Free Report) by 1,426.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,004,835 shares of the semiconductor company's stock after buying an additional 939,027 shares during the period. Jacobs Levy Equity Management Inc. owned about 1.19% of MaxLinear worth $10,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its position in 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 valued at $24,548,000 after buying an additional 734,973 shares in the last quarter. Invesco Ltd. lifted its position in MaxLinear by 414.8% during the first quarter. Invesco Ltd. now owns 1,684,247 shares of the semiconductor company's stock valued at $18,291,000 after buying an additional 1,357,093 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of MaxLinear during the fourth quarter worth $25,659,000. Point72 Asset Management L.P. lifted its position in shares of MaxLinear by 1,813.5% during the fourth quarter. Point72 Asset Management L.P. now owns 1,256,300 shares of the semiconductor company's stock worth $24,850,000 after purchasing an additional 1,190,647 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of MaxLinear by 30.9% during the first quarter. Victory Capital Management Inc. now owns 1,067,728 shares of the semiconductor company's stock worth $11,596,000 after purchasing an additional 251,797 shares in the last quarter. 90.79% of the stock is owned by institutional investors and hedge funds.

MaxLinear Stock Down 1.8%

NASDAQ:MXL traded down $0.29 during mid-day trading on Friday, reaching $15.75. The stock had a trading volume of 1,034,456 shares, compared to its average volume of 1,348,699. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.14. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -6.38 and a beta of 1.76. MaxLinear, Inc has a 1-year low of $8.35 and a 1-year high of $25.73. The stock's 50 day simple moving average is $15.64 and its two-hundred day simple moving average is $13.24.

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

Insider Activity

In related 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. This represents a 24.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on MXL shares. Wall Street Zen cut shares of MaxLinear from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Benchmark reissued a "buy" rating and set a $25.00 target price on shares of MaxLinear in a research report on Tuesday, September 2nd. Loop Capital reissued a "hold" rating and set a $15.00 target price (up from $10.00) on shares of MaxLinear in a research report on Monday, August 4th. Wells Fargo & Company boosted 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. Finally, Stifel Nicolaus boosted their target price on shares of MaxLinear from $16.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.