MaxLinear, Inc. (MXL) Hit 1 Year Low on Jun, 29

June 29, 2018 - By Jeanette Garcia

MaxLinear, Inc. (NYSE:MXL) Corporate Logo

Big Money Sentiment is 1.06 in Q1 2018. It has change of 2017Q4’s as. The ratio is without change due to MaxLinear, Inc. positioning: 18 sold and 52 reduced. only 18 funds acquired holdings and 56 increased holdings. Investors holded 53.87 million in 2017Q4 but now own 57.04 million shares or 5.89% more.
Us Commercial Bank De, Minnesota-based fund reported 53,172 shs. Stifel Financial invested 0.02% in MaxLinear, Inc. (NYSE:MXL). Creative Planning stated it has 0.01% of its capital in MaxLinear, Inc. (NYSE:MXL). 15,222 were reported by Jpmorgan Chase & Co. Kornitzer Mgmt Ks holds 60,000 shs. Guggenheim Lc holds 0.01% or 96,036 shs. Metropolitan Life Ins Com New York owns 19,999 shs or 0% of their US capital. Federated Investors Inc Pa holds 0.01% in MaxLinear, Inc. (NYSE:MXL) or 217,815 shs. Ameritas Investment has 0.01% invested in MaxLinear, Inc. (NYSE:MXL). Pinebridge Invests Limited Partnership reported 11,716 shs stake. Virginia Retirement System Et Al holds 0.01% of its capital in MaxLinear, Inc. (NYSE:MXL) for 23,700 shs. 1,315 were accumulated by Royal National Bank Of Canada. Kennedy Cap Mgmt Inc stated it has 0.05% of its capital in MaxLinear, Inc. (NYSE:MXL). First Tru L P has 0% invested in MaxLinear, Inc. (NYSE:MXL). First Interstate Financial Bank holds 0% or 520 shs in its capital.

MaxLinear, Inc. had 5 selling transactions and 0 insider purchases since January 9, 2018. This’s net activity of $2.41 million. LING CURTIS sold $511,084 worth of stock or 22,321 shs. 1,500 shs were sold by Kwong Connie H., worth $28,957. On Tuesday, January 9 Shares for $700,554 were sold by WALSH BRENDAN.

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.

The stock decreased 0.86% or $0.135 during the last trading session, reaching $15.585.Currently MaxLinear, Inc. is downtrending after 39.49% change in last June 29, 2017. MXL has also 372,238 shares volume. The stock underperformed the S&P500 by 52.06%.

On August, 14 WallStreet awaited MaxLinear, Inc. (NYSE:MXL)’s earnings report, Faxor reports. Analysts predict $0.23 EPS, which is $0.04 down or 14.81 % from 2017’s $0.27 EPS. MXL’s profit could reach $15.67M with 16.94 P/E in case $0.23 EPS is published. -14.81 % negative EPS growth is what analysts predict. $0.27 EPS was published for last quarter.

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. The stock rating was downgraded by Deutsche Bank to “Hold” on Wednesday, May 9. On Monday, June 4 William Blair reinitiated MaxLinear, Inc. (NYSE:MXL) with “Outperform” rating. On Wednesday, May 9 Stifel Nicolaus maintained MaxLinear, Inc. (NYSE:MXL) with “Buy” rating. On Wednesday, February 14 the firm has “Buy” rating by Susquehanna given. On Tuesday, February 13 Roth Capital maintained MaxLinear, Inc. (NYSE:MXL) with “Buy” rating. The stock rating was downgraded by Roth Capital to “Neutral” on Monday, June 11.

A couple more MaxLinear, Inc. (NYSE:MXL) news were posted by: Globenewswire.com which released on June 21, 2018 “Recent Analysis Shows Alamo Group, Rockwell Medical, Central Garden & Pet, Magellan Health, MaxLinear, and WD …”, also Businesswire.com on June 12, 2018 posted “MaxLinear and Teamly Digital Partner on MoCA 2.5-Based Hybrid Fiber-Coax Micronode”, the next Streetinsider.com is “MaxLinear (MXL) PT Lowered to $22 at Needham & Company” on June 29, 2018. Businesswire.com has article titled “Methode Electronics, MaxLinear and LEA Networks Launch Reverse-Powered G.hn micro-DPU for FTTdp Applications”.

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 valued at $1.06 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.Last it reported 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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