Oak Ridge Investments Llc Upped Position in Maxlinear Inc Com (NYSE:MXL) by $15.53 Million as Price Declined

May 17, 2018 - By Michael Lund

MaxLinear, Inc. (NYSE:MXL) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.06. That’s change of 0.12, from 2017Q3’s 1.18. 19 investors sold all, 52 reduced holdings as MXL ratio is negative. 55 increased stakes while 20 funds acquired stakes. Funds hold 53.87 million shares thus 1.33% less from 2017Q3’s 54.60 million shares. Moreover, Jefferies Group Ltd has 0% invested in MaxLinear, Inc. (NYSE:MXL) for 13,411 shs. Affinity Invest Ltd Liability Co reported 0.03% in MaxLinear, Inc. (NYSE:MXL). Parkside Commercial Bank & holds 0% or 25 shs. Ameriprise Financial Incorporated invested in 0% or 397,621 shs. Grp Incorporated One Trading Lp owns 26 shs or 0% of their US capital. Vaughan Nelson Invest Mngmt Limited Partnership owns 1.97 million shs for 0.6% of their capital. Pnc Fincl Serv Incorporated invested in 1,087 shs or 0% of the stock. Principal Gp has 455,961 shs for 0.01% of their capital. The Ohio-based Fifth Third Retail Bank has invested 0% in MaxLinear, Inc. (NYSE:MXL). Metropolitan Life Ny owns 19,548 shs or 0.01% of their US capital. Dubuque Bancshares Tru Company, Iowa-based fund reported 514 shs. Rhumbline Advisers stated it has 0.01% of its capital in MaxLinear, Inc. (NYSE:MXL). Blair William Com Il owns 425,896 shs. Thompson Davis And Com has invested 0.02% of its capital in MaxLinear, Inc. (NYSE:MXL). Mason Street Advsr Ltd Co invested 0.01% in MaxLinear, Inc. (NYSE:MXL).

MXL had 4 sales and 0 insider purchases since January 9, 2018. This’s net activity of $2.38 million. The insider WALSH BRENDAN sold 25,018 shs worth $700,554. On Monday, March 5 LING CURTIS had sold 22,321 shs worth $511,084.

In 2018Q1 Securities and Exchange report was reported Oak Ridge Investments Llc’s stake in Maxlinear Inc Com (NYSE:MXL) which was upped by 5900.08%. 705,768 shares were bought by Oak Ridge Investments Llc as Maxlinear Inc Com (NYSE:MXL) stock declined 13.36% with the market. Oak Ridge Investments Llc’s position was priced at $16.33M for 717,730 shares. It’s up from 11,962 last quarter. It decreased Sage Therapeutics Inc (NASDAQ:SAGE) position by 66,938 shares to 279,659 shares, and cut its Pool Corporation Com (NASDAQ:POOL) stake.

Oak Ridge Investments Llc is a Illinois-based institutional investor with more than $4.04 billion AUM in January, 2015. Taken from Oak Ridge Investments latest Adv, the fund reported to have 30 full and part-time employees. Among which 29 performing investment advisory and research functions. The institutional investor had more than 4300 clients.

MaxLinear, Inc. (NYSE:MXL) Ratings Coverage

A total of 4 analysts rate Maxlinear Inc (NYSE:MXL) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:MXL) has 6 ratings reports on 17 May 2018 according to StockzIntelligence. The company rating was downgraded by Deutsche Bank on Wednesday, May 9. On Wednesday, February 14 Susquehanna maintained MaxLinear, Inc. (NYSE:MXL) with “Buy” rating. The stock rating was maintained by Roth Capital with “Buy” on Friday, December 29. In Tuesday, February 13 report Roth Capital maintained it with “Buy” rating and $30.0 target. On Wednesday, May 9 Stifel Nicolaus maintained the shares of MXL in report with “Buy” rating.

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide.The firm is worth $1.31 billion. The firm offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals, modem solutions, and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications.Currently it has negative earnings. The Company’s products are integrated into a range of electronic devices, including cable and terrestrial and satellite set-top boxes and gates, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and physical medium devices, as well as RF transceiver and modem devices for wireless access and backhaul applications.

MaxLinear, Inc. (NYSE:MXL) Institutional Investors Chart

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