Illinois Municipal Retirement Fund Has $750,000 Stock Holdings in MaxLinear, Inc $MXL

Illinois Municipal Retirement Fund increased its position in MaxLinear, Inc (NASDAQ:MXL) by 22.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,111 shares of the semiconductor company’s stock after buying an additional 7,880 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in MaxLinear were worth $750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in MXL. Larson Financial Group LLC grew its holdings in MaxLinear by 161.7% during the 4th quarter. Larson Financial Group LLC now owns 1,416 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 875 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of MaxLinear by 103.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,431 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 726 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of MaxLinear during the fourth quarter worth $25,000. International Assets Investment Management LLC bought a new stake in shares of MaxLinear in the fourth quarter worth $27,000. Finally, Quarry LP grew its stake in shares of MaxLinear by 1,293.0% in the third quarter. Quarry LP now owns 2,187 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 2,030 shares during the last quarter. 90.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at MaxLinear

In other MaxLinear news, insider Connie H. Kwong sold 35,000 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $96.96, for a total transaction of $3,393,600.00. Following the transaction, the insider directly owned 13,947 shares in the company, valued at approximately $1,352,301.12. This represents a 71.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas E. Pardun sold 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the sale, the director directly owned 55,252 shares of the company’s stock, valued at approximately $5,801,460. This trade represents a 16.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 65,168 shares of company stock worth $5,559,358. Insiders own 7.70% of the company’s stock.

MaxLinear Stock Performance

MXL stock opened at $91.24 on Friday. The stock has a 50-day moving average price of $90.58 and a 200-day moving average price of $49.73. MaxLinear, Inc has a 1-year low of $12.77 and a 1-year high of $128.30. The company has a current ratio of 1.70, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The firm has a market cap of $8.17 billion, a PE ratio of -60.03 and a beta of 3.91.

MaxLinear (NASDAQ:MXL) last announced its earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. MaxLinear had a negative return on equity of 2.33% and a negative net margin of 25.96%.The company had revenue of $168.85 million for the quarter, compared to analyst estimates of $164.64 million. During the same quarter in the prior year, the company earned $0.02 EPS. The firm’s revenue for the quarter was up 55.2% compared to the same quarter last year. As a group, equities research analysts expect that MaxLinear, Inc will post 0.5 earnings per share for the current year.

Analyst Ratings Changes

MXL has been the subject of several analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research report on Friday, July 17th. Stifel Nicolaus increased their price target on MaxLinear from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $40.00 price objective on shares of MaxLinear in a research report on Friday, April 24th. Roth Capital set a $100.00 price objective on MaxLinear and gave the stock a “buy” rating in a research note on Friday. Finally, Needham & Company LLC upgraded MaxLinear from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $75.00.

More MaxLinear News

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear beat Q2 expectations, reporting earnings of $0.35 per share versus the $0.33 consensus, with revenue of $168.85 million above estimates and up 55.2% year over year. MarketBeat earnings report and conference call link
• Positive Sentiment: The company raised its Q3 revenue guidance to $210 million-$220 million, well ahead of Wall Street’s $173.8 million estimate, signaling stronger near-term demand. Seeking Alpha guidance article
• Positive Sentiment: MaxLinear also boosted its 2026 optical data center revenue outlook to $210 million-$230 million, highlighting momentum in a key growth area tied to AI and data-center infrastructure. Seeking Alpha optical data center outlook article
• Neutral Sentiment: Market coverage noted that the stock still fell after results despite topping forecasts, suggesting investors may be locking in gains or focusing on valuation and margin concerns. Seeking Alpha stock reaction article
• Negative Sentiment: Even with better-than-expected results, MaxLinear remains unprofitable on a net basis, with a negative net margin and negative return on equity, which may temper enthusiasm. SFGATE earnings snapshot article

About MaxLinear

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.