Vanguard Group Inc. Has $128.05 Million Stock Holdings in MaxLinear, Inc $MXL

Key Points

• Vanguard Group Inc. reduced its holdings in MaxLinear, Inc by 1.4%, owning approximately 11.8 million shares, which is valued at $128 million.
• MaxLinear reported a quarterly EPS of $0.02, meeting consensus estimates, with revenue up 18.3% year-over-year to $108.81 million.
• Institutional investors hold 90.79% of MaxLinear's stock, indicating significant institutional interest in the semiconductor company.

Vanguard Group Inc. cut its position in shares of MaxLinear, Inc (NASDAQ:MXL - Free Report) by 1.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,791,258 shares of the semiconductor company's stock after selling 168,949 shares during the period. Vanguard Group Inc. owned about 13.93% of MaxLinear worth $128,053,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of MaxLinear by 5.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,210 shares of the semiconductor company's stock valued at $2,912,000 after purchasing an additional 7,711 shares during the period. Principal Financial Group Inc. increased its position in shares of MaxLinear by 2.7% during the first quarter. Principal Financial Group Inc. now owns 384,677 shares of the semiconductor company's stock valued at $4,178,000 after purchasing an additional 9,955 shares during the period. GAMMA Investing LLC boosted its stake in MaxLinear by 889.1% in the 1st quarter. GAMMA Investing LLC now owns 40,888 shares of the semiconductor company's stock valued at $444,000 after buying an additional 36,754 shares in the last quarter. Federated Hermes Inc. bought a new stake in MaxLinear in the first quarter valued at $1,486,000. Finally, Teacher Retirement System of Texas bought a new stake in MaxLinear in the first quarter valued at $266,000. 90.79% of the stock is currently owned by institutional investors.

MaxLinear Price Performance

MaxLinear stock traded down $0.48 on Wednesday, reaching $16.74. The company's stock had a trading volume of 1,424,105 shares, compared to its average volume of 1,542,746. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.55. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -6.78 and a beta of 1.69. The business's fifty day moving average price is $15.20 and its 200 day moving average price is $13.28. MaxLinear, Inc has a twelve month low of $8.35 and a twelve month high of $25.73.

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on MXL shares. Stifel Nicolaus upped their price target on MaxLinear from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Loop Capital reiterated a "hold" rating and issued a $15.00 price target (up from $10.00) on shares of MaxLinear in a research report on Monday, August 4th. Susquehanna upped their price target on MaxLinear from $11.00 to $15.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Wells Fargo & Company upped their price target on MaxLinear from $13.00 to $18.00 and gave the company an "equal weight" rating in a research report on Thursday, July 24th. Finally, Benchmark upped their price target on MaxLinear from $20.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, MaxLinear presently has an average rating of "Hold" and a consensus price target of $19.31.

Insider Buying and Selling

In other MaxLinear news, insider Steven G. Litchfield sold 102,157 shares of the business's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $17.28, for a total value of $1,765,272.96. Following the transaction, the insider owned 312,203 shares of the company's stock, valued at approximately $5,394,867.84. The trade was a 24.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 7.80% of the company's stock.

MaxLinear 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.