Lisanti Capital Growth LLC Buys Shares of 21,410 MaxLinear, Inc $MXL

Key Points

• Lisanti Capital Growth bought a new 21,410-share stake in MaxLinear during the second quarter, valued at approximately $2.74 million. Institutional investors and hedge funds collectively own 90.79% of the company.
• MaxLinear reported quarterly revenue of $168.85 million, up 55.2% year over year, while adjusted EPS of $0.35 beat analysts’ $0.33 consensus estimate. Despite the strong results, the stock opened at $66.43, down 8.5%, and remains unprofitable on a GAAP basis.
• Analyst sentiment is mixed: five analysts rate the stock Buy, four Hold, and one Sell, producing a consensus Hold rating and an $85 price target. Significant insider selling—including more than 591,000 shares sold by CEO Kishore Seendripu—adds pressure to investor sentiment.

Lisanti Capital Growth LLC bought a new stake in shares of MaxLinear, Inc (NASDAQ:MXL - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 21,410 shares of the semiconductor company's stock, valued at approximately $2,741,000.

Other hedge funds have also made changes to their positions in the company. Carolina Wealth Advisors LLC acquired a new stake in MaxLinear in the second quarter valued at $47,000. Global Retirement Partners LLC acquired a new position in MaxLinear during the 2nd quarter worth $56,000. State of Wyoming acquired a new position in MaxLinear during the 2nd quarter worth $126,000. CoreCap Advisors LLC bought a new stake in shares of MaxLinear in the 2nd quarter worth about $134,000. Finally, Larson Financial Group LLC increased its position in shares of MaxLinear by 161.7% in the 4th quarter. Larson Financial Group LLC now owns 1,416 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 875 shares during the last quarter. Institutional investors and hedge funds own 90.79% of the company's stock.

MaxLinear News Roundup

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear’s expanding portfolio of silicon for AI data-center racks could strengthen its long-term positioning in data-center connectivity and provide a potential growth avenue beyond its traditional broadband markets. Is MaxLinear’s Expanded AI Rack Silicon Portfolio Quietly Reshaping Its Long-Term Positioning?
• Positive Sentiment: The company’s latest reported quarter showed strong momentum: revenue rose 55.2% year over year to $168.85 million, while adjusted EPS of $0.35 exceeded the $0.33 consensus estimate. This provides fundamental support for the stock despite its recent volatility.
• Neutral Sentiment: Recent coverage is focused on what could shape MaxLinear’s next move, indicating that investors are assessing whether the rally can be sustained and whether AI-related opportunities can offset execution and valuation concerns. MaxLinear Slides: What Could Shape Its Next Move?
• Negative Sentiment: CEO Kishore Seendripu disclosed sales totaling 591,454 shares across August 14 and August 17, worth approximately $50.4 million. The August 14 transaction alone reduced his position by 57.73%, leaving 175,727 shares reported afterward. Such sizable insider selling can pressure sentiment, particularly after a major stock-price advance. MaxLinear CEO Sells 240,000 Shares
• Negative Sentiment: A risk-focused analysis is drawing attention to potentially important issues in MaxLinear’s disclosures, adding to investor caution while the company remains unprofitable on a GAAP basis. MaxLinear: An Elephant Size Risk Hidden in the Small Footnotes

Analyst Ratings Changes

A number of research firms recently commented on MXL. Northland Securities set a $110.00 price target on MaxLinear in a research note on Wednesday, June 3rd. Needham & Company LLC upped their price objective on MaxLinear from $60.00 to $100.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Loop Capital upgraded MaxLinear from a "hold" rating to a "buy" rating and upped their price objective for the company from $17.00 to $75.00 in a research note on Wednesday, April 29th. Roth Capital increased their target price on MaxLinear from $60.00 to $100.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Finally, Stifel Nicolaus lifted their target price on MaxLinear from $110.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MaxLinear has a consensus rating of "Hold" and a consensus target price of $85.00.

MaxLinear Stock Down 8.5%

Shares of NASDAQ:MXL opened at $66.43 on Thursday. The company's fifty day moving average is $82.84 and its two-hundred day moving average is $56.61. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78. MaxLinear, Inc has a 1-year low of $12.77 and a 1-year high of $128.30. The stock has a market capitalization of $6.02 billion, a price-to-earnings ratio of -55.82 and a beta of 3.95.

MaxLinear (NASDAQ:MXL - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. The business had revenue of $168.85 million for the quarter, compared to the consensus estimate of $164.64 million. MaxLinear had a positive return on equity of 2.24% and a negative net margin of 18.24%.The business's revenue was up 55.2% on a year-over-year basis. During the same quarter last year, the business posted $0.02 EPS. Equities analysts anticipate that MaxLinear, Inc will post 0.78 EPS for the current year.

Insider Buying and Selling

In related news, Director Thomas E. Pardun sold 11,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the director directly owned 55,252 shares of the company's stock, valued at $5,801,460. This represents a 16.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kishore Seendripu sold 351,454 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $85.95, for a total value of $30,207,471.30. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 602,454 shares of company stock worth $51,589,671 in the last quarter. Company insiders own 7.70% of the company's stock.

MaxLinear Company Profile

MaxLinear, Inc is a provider of radio-frequency (RF), analog, and mixed-signal integrated circuits for broadband communications, data center connectivity, and video infrastructure applications. The company's product portfolio includes high-performance RF front-end modules, broadband power amplifiers, optical and Ethernet transceivers, and network processors designed to support demanding signal processing requirements.

MaxLinear's semiconductor solutions are used by cable and satellite television operators, fiber-to-the-home service providers, network equipment manufacturers, and data center operators.

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