Fox Run Management L.L.C. Sells 47,983 Shares of MaxLinear, Inc $MXL

Fox Run Management L.L.C. trimmed its holdings in MaxLinear, Inc (NASDAQ:MXL) by 48.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,144 shares of the semiconductor company’s stock after selling 47,983 shares during the period. Fox Run Management L.L.C. owned 0.06% of MaxLinear worth $727,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in MaxLinear in the 2nd quarter worth approximately $44,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of MaxLinear in the first quarter worth $49,000. Strs Ohio bought a new stake in shares of MaxLinear during the 1st quarter worth $63,000. GAMMA Investing LLC grew its stake in MaxLinear by 36.6% in the 2nd quarter. GAMMA Investing LLC now owns 5,143 shares of the semiconductor company’s stock valued at $73,000 after buying an additional 1,378 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in MaxLinear by 144.3% in the 1st quarter. Larson Financial Group LLC now owns 6,863 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 4,054 shares during the period. Institutional investors and hedge funds own 90.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Williams Trading set a $25.00 price target on shares of MaxLinear in a report on Friday, October 24th. Stifel Nicolaus set a $23.00 target price on MaxLinear in a report on Friday, October 24th. Susquehanna increased their price objective on MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of MaxLinear in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company upped their target price on shares of MaxLinear from $13.00 to $18.00 and gave the company an “equal weight” rating in a research note on Thursday, July 24th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, MaxLinear has a consensus rating of “Hold” and a consensus target price of $19.94.

Insider Transactions at MaxLinear

In other 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 sale, the insider directly owned 312,203 shares of the company’s stock, valued at $5,394,867.84. This represents a 24.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel A. Artusi sold 20,747 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $15.39, for a total transaction of $319,296.33. Following the completion of the transaction, the director owned 12,141 shares of the company’s stock, valued at $186,849.99. This trade represents a 63.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 131,959 shares of company stock worth $2,228,272. Insiders own 7.80% of the company’s stock.

MaxLinear Stock Performance

NASDAQ:MXL opened at $14.76 on Monday. MaxLinear, Inc has a 12-month low of $8.35 and a 12-month high of $25.73. The firm has a market capitalization of $1.29 billion, a PE ratio of -7.06 and a beta of 1.83. The firm has a 50-day moving average price of $16.05 and a 200 day moving average price of $14.51. The company has a quick ratio of 1.08, a current ratio of 1.55 and a debt-to-equity ratio of 0.27.

MaxLinear (NASDAQ:MXL) last issued its earnings results on Thursday, October 23rd. The semiconductor company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $126.46 million for the quarter, compared to the consensus estimate of $124.66 million. MaxLinear had a negative net margin of 42.43% and a negative return on equity of 12.74%. The firm’s revenue for the quarter was up 56.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.36) EPS. MaxLinear has set its Q4 2025 guidance at EPS. Research analysts anticipate that MaxLinear, Inc will post -0.37 earnings per share for the current fiscal year.

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.