Paradigm Capital Management Inc. NY Increases Stock Position in MaxLinear, Inc $MXL

Key Points

• Paradigm Capital Management Inc. NY increased its stake in MaxLinear, Inc by 13.8% in Q1, now holding approximately 0.16% of the company, with a total of 133,800 shares valued at $1.45 million.
• MaxLinear reported $0.02 EPS for the most recent quarter, meeting expectations, and noted an 18.3% revenue increase year-over-year with total revenue of $108.81 million.
• MaxLinear stock has a consensus rating of "Hold" from analysts, with a price target range suggesting potential growth towards $19.31, reflecting mixed sentiment among investors.

Paradigm Capital Management Inc. NY lifted its holdings in shares of MaxLinear, Inc (NASDAQ:MXL - Free Report) by 13.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 133,800 shares of the semiconductor company's stock after buying an additional 16,179 shares during the period. Paradigm Capital Management Inc. NY owned 0.16% of MaxLinear worth $1,453,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. First Trust Advisors LP bought a new stake in shares of MaxLinear during the 4th quarter worth $280,000. MetLife Investment Management LLC boosted its stake in shares of MaxLinear by 7.3% in the 4th quarter. MetLife Investment Management LLC now owns 48,592 shares of the semiconductor company's stock valued at $961,000 after purchasing an additional 3,314 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of MaxLinear by 97.3% in the fourth quarter. Stifel Financial Corp now owns 47,253 shares of the semiconductor company's stock valued at $935,000 after buying an additional 23,300 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in MaxLinear by 1.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 60,406 shares of the semiconductor company's stock valued at $1,195,000 after acquiring an additional 631 shares during the last quarter. Finally, Comerica Bank grew its position in shares of MaxLinear by 5.4% during the 4th quarter. Comerica Bank now owns 300,943 shares of the semiconductor company's stock worth $5,953,000 after buying an additional 15,284 shares during the period. 90.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other MaxLinear news, insider Steven G. Litchfield sold 102,157 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $17.28, for a total value 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 trade represents a 24.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 7.80% of the company's stock.

MaxLinear Price Performance

NASDAQ MXL traded down $0.39 on Wednesday, reaching $15.23. 1,100,977 shares of the company's stock traded hands, compared to its average volume of 1,396,017. The stock has a market cap of $1.33 billion, a PE ratio of -6.17 and a beta of 1.76. MaxLinear, Inc has a 12 month low of $8.35 and a 12 month high of $25.73. The stock has a 50-day simple moving average of $15.45 and a 200 day simple moving average of $13.26. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.14.

MaxLinear (NASDAQ:MXL - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share for the quarter, hitting analysts' consensus estimates 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 the consensus estimate of $104.94 million. During the same quarter in the prior year, the business earned ($0.25) EPS. The business's revenue for the quarter was up 18.3% on a year-over-year basis. MaxLinear has set its Q3 2025 guidance at EPS. As a group, research analysts predict that MaxLinear, Inc will post -0.37 earnings per share for the current year.

Analyst Ratings Changes

MXL has been the topic of a number of analyst reports. Loop Capital reiterated a "hold" rating and set a $15.00 price objective (up previously from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Wall Street Zen downgraded MaxLinear from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Susquehanna increased their price target on MaxLinear from $11.00 to $15.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Wells Fargo & Company raised their target price on MaxLinear from $13.00 to $18.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 24th. Finally, Benchmark reissued a "buy" rating and set a $25.00 target price on shares of MaxLinear in a research report on Tuesday. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, MaxLinear has an average rating of "Hold" and an average target price of $19.31.

About MaxLinear

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.