MaxLinear, Inc. (MXL) Sets 1-Year Low on Jun, 29 at $15.59

June 29, 2018 - By Norman Soto

MaxLinear, Inc. (NYSE:MXL) Corporate Logo

During Q1 2018 the big money sentiment is 1.06. That’s change of 2017Q4’s as. 18 investors sold all, 52 reduced holdings as MaxLinear, Inc. ratio is flat. 56 increased positions while only 18 funds took positions. Funds hold 57.04 million shares thus 5.89% more from 2017Q4’s 53.87 million shares.
Rmb Mgmt Limited Liability reported 155,338 shs stake. Dubuque Bancorporation Trust has invested 0% in MaxLinear, Inc. (NYSE:MXL). Parametric Portfolio Limited Liability Company reported 0% of its capital in MaxLinear, Inc. (NYSE:MXL). Fmr owns 3.64 million shs. State Of Wisconsin Inv Board holds 0.04% of its capital in MaxLinear, Inc. (NYSE:MXL) for 608,200 shs. Goldman Sachs Grp holds 0% or 185,037 shs in its capital. State Of Tennessee Treasury Department holds 0.01% or 43,188 shs. Oak Ridge Investments Limited Liability Company has 717,730 shs for 0.91% of their capital. Reilly Advsrs Limited Company stated it has 0.01% of its capital in MaxLinear, Inc. (NYSE:MXL). The New York-based Rothschild Asset Mngmt has invested 0.02% in MaxLinear, Inc. (NYSE:MXL). Prudential Financial holds 0% or 103,361 shs in its capital. First Personal Fincl Services accumulated 533 shs. Asset holds 0% of its capital in MaxLinear, Inc. (NYSE:MXL) for 86 shs. Moreover, Royal Financial Bank Of Canada has 0% invested in MaxLinear, Inc. (NYSE:MXL) for 1,315 shs. Victory Cap Mngmt reported 85,670 shs.

MaxLinear, Inc. registered $2.41 million net activity with 0 insider purchases and 5 insider sales since January 9, 2018. LING CURTIS sold $511,084 worth of stock. Another trade for 25,018 shs valued at $700,554 was made by WALSH BRENDAN on Tuesday, January 9. The insider Kwong Connie H. sold $28,957.

A yearly low was hit by MaxLinear, Inc. (NYSE:MXL). Today’s price per share was $15.59. It’s 6.00 % below our $14.65. It was published on Jun, 29 according to Barchart.com. It has $1.06B market cap. At $14.65 stock price target, the company valuation changes by $63.72 million less.

MXL touched $15.585 during the last trading session after $0.135 change.Currently MaxLinear, Inc. is downtrending after 39.49% change in last June 29, 2017. MXL has also 372,238 shares volume. MXL underperformed by 52.06% the S&P500.

Earnings report for MaxLinear, Inc. (NYSE:MXL) is anticipated on August, 14., Faxor reports. Analysts forecast $0.23 EPS. That’s $0.04 down or 14.81 % from 2017’s earnings of $0.27. MXL’s profit could reach $15.67 million with 16.94 P/E in case $0.23 EPS is published. Wall Street now sees -14.81 % negative EPS growth despite MaxLinear, Inc. previous quarter’s EPS of $0.27.

MaxLinear, Inc. (NYSE:MXL) Ratings Coverage

A total of 5 analysts rate Maxlinear Inc (NYSE:MXL) as follows: 3 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 60% are bullish. The firm has $31 highest and $20 lowest target. The avg target $25.50 is 63.62% above the last ($15.585) price. (NYSE:MXL) has 6 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Monday, June 4 the rating was reinitiated by William Blair with “Outperform”. On Monday, June 11 the rating was downgraded by Roth Capital to “Neutral”. The company rating was downgraded by Deutsche Bank on Wednesday, May 9. In Wednesday, February 14 report Susquehanna maintained it with “Buy” rating and $30.0 target. On Tuesday, February 13 the firm has “Buy” rating by Roth Capital given. On Wednesday, May 9 the firm has “Buy” rating given by Stifel Nicolaus.

A couple more MaxLinear, Inc. (NYSE:MXL) news were announced by: Streetinsider.com which released on June 29, 2018 “MaxLinear (MXL) PT Lowered to $22 at Needham & Company”, also Businesswire.com on June 12, 2018 announced “MaxLinear and Teamly Digital Partner on MoCA 2.5-Based Hybrid Fiber-Coax Micronode”, the next Businesswire.com is “Methode Electronics, MaxLinear and LEA Networks Launch Reverse-Powered G.hn micro-DPU for FTTdp Applications” on June 20, 2018. Globenewswire.com has article titled “Recent Analysis Shows Alamo Group, Rockwell Medical, Central Garden & Pet, Magellan Health, MaxLinear, and WD …”.

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide.The company has $1.06 billion market cap. 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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