Illinois Municipal Retirement Fund Purchases 7,880 Shares of MaxLinear, Inc $MXL

Illinois Municipal Retirement Fund grew its position in shares of MaxLinear, Inc (NASDAQ:MXL) by 22.4% in the 1st quarter, HoldingsChannel reports. The fund owned 43,111 shares of the semiconductor company’s stock after buying an additional 7,880 shares during the period. Illinois Municipal Retirement Fund’s holdings in MaxLinear were worth $750,000 as of its most recent SEC filing.

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

Insider Transactions at MaxLinear

In other MaxLinear news, insider Connie H. Kwong sold 35,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $96.96, for a total value of $3,393,600.00. Following the transaction, the insider directly owned 13,947 shares in the company, valued at $1,352,301.12. The trade was a 71.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas E. Pardun sold 11,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the completion of the transaction, the director owned 55,252 shares in the company, valued at approximately $5,801,460. The trade was a 16.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 65,168 shares of company stock valued at $5,559,358 in the last 90 days. 7.70% of the stock is currently owned by corporate insiders.

MaxLinear Stock Up 5.1%

Shares of NASDAQ:MXL opened at $91.24 on Friday. The company has a market capitalization of $8.17 billion, a PE ratio of -60.03 and a beta of 3.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.70 and a quick ratio of 1.12. The business has a fifty day moving average price of $90.58 and a two-hundred 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.

MaxLinear (NASDAQ:MXL) last released its earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. MaxLinear had a negative return on equity of 2.33% and a negative net margin of 25.96%.The business’s revenue for the quarter was up 55.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 EPS. Analysts forecast that MaxLinear, Inc will post 0.5 earnings per share for the current year.

Trending Headlines about MaxLinear

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MXL shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $40.00 target price on shares of MaxLinear in a research report on Friday, April 24th. Benchmark initiated coverage on MaxLinear in a research note on Wednesday, May 27th. They set a “buy” rating and a $125.00 price target for the company. Loop Capital raised MaxLinear from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $17.00 to $75.00 in a report on Wednesday, April 29th. Wall Street Zen downgraded MaxLinear from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Stifel Nicolaus increased their price objective on MaxLinear from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, MaxLinear presently has a consensus rating of “Hold” and a consensus target price of $75.00.

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.