MaxLinear's (MXL) Sell (D-) Rating Reaffirmed at Weiss Ratings

Key Points

• MaxLinear's stock received a reaffirmed "sell (D-)" rating from Weiss Ratings amidst mixed analyst sentiments, with four firms rating it as a "buy" and one as a "sell."
• The company has a current stock price of $16.23, with a market cap of $1.41 billion, showing a significant price range over the past year ($8.35 - $25.73).
• Despite a 4.1% increase in stock value, MaxLinear reported a negative net margin of 55.53% and a projected earnings per share of -0.37 for the current fiscal year.

MaxLinear (NASDAQ:MXL - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other analysts also recently issued research reports about the stock. Stifel Nicolaus increased their price objective on shares of MaxLinear from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, July 18th. Benchmark reissued a "buy" rating and issued a $25.00 price target on shares of MaxLinear in a research note on Tuesday, September 2nd. Loop Capital reissued a "hold" rating and issued a $15.00 price target (up previously from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Susquehanna increased their price target on shares of MaxLinear from $11.00 to $15.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen raised shares of MaxLinear from a "hold" rating to a "buy" rating in a research note on Saturday, September 20th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, MaxLinear currently has a consensus rating of "Hold" and a consensus target price of $19.31.

MaxLinear Stock Up 4.1%

MXL stock opened at $16.23 on Wednesday. The company has a market cap of $1.41 billion, a price-to-earnings ratio of -6.57 and a beta of 1.77. 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 has a 12 month low of $8.35 and a 12 month high of $25.73. The firm has a 50-day moving average of $15.88 and a two-hundred day moving average of $13.63.

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

Insider Buying and Selling at MaxLinear

In related news, insider Steven G. Litchfield sold 102,157 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 312,203 shares of the company's stock, valued at approximately $5,394,867.84. This trade represents a 24.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On MaxLinear

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. boosted its position in MaxLinear by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 384,677 shares of the semiconductor company's stock valued at $4,178,000 after buying an additional 9,955 shares during the period. GAMMA Investing LLC boosted its position 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 during the period. Federated Hermes Inc. acquired a new stake in shares of MaxLinear in the 1st quarter valued at $1,486,000. Teacher Retirement System of Texas acquired a new stake in shares of MaxLinear in the 1st quarter valued at $266,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of MaxLinear by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,066,306 shares of the semiconductor company's stock valued at $11,580,000 after purchasing an additional 48,995 shares in the last quarter. Hedge funds and other institutional investors own 90.79% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.