MaxLinear Inc (NASDAQ: MXL) is -24.90% lower on its value in year-to-date trading and has touched a low of $8.35 and a high of $25.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MXL stock was last observed hovering at around $16.36 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $16.74, the stock is 9.86% and 23.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing 2.32% at the moment leaves the stock 12.73% off its SMA200. MXL registered -15.37% loss for a year compared to 6-month loss of -27.75%. The firm has a 50-day simple moving average (SMA 50) of $13.5436 and a 200-day simple moving average (SMA200) of $14.85.
The stock witnessed a 16.90% gain in the last 1 month and extending the period to 3 months gives it a 65.09%, and is 5.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.65% over the week and 5.30% over the month.
MaxLinear Inc (MXL) has around 1294 employees, a market worth around $1.46B and $378.01M in sales. Fwd P/E is 21.24. Profit margin for the company is -55.53%. Distance from 52-week low is 100.48% and -34.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-33.53%).
The EPS is expected to grow by 130.00% this year.
MaxLinear Inc (MXL) Top Institutional Holders
309.0 institutions hold shares in MaxLinear Inc (MXL), with institutional investors hold 88.63% of the company’s shares. The shares outstanding are 86.91M, and float is at 80.83M with Short Float at 6.89%. Institutions hold 82.67% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.98 million shares valued at $261.5 million. The investor’s holdings represent 15.5541% of the MXL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.08 million shares valued at $243.35 million to account for 14.4748 of the shares outstanding. The other top investors are INVESCO LTD. which holds 5.15 million shares representing 6.1745% and valued at over $103.81 million, while STATE STREET CORP holds 4.7014 of the shares totaling 3.92 million with a market value of $79.04 million.
MaxLinear Inc (MXL) Insider Activity
The most recent transaction is an insider sold by Tewksbury Ted L III, the company’s Director. SEC filings show that Tewksbury Ted L III sold 6,071 shares of the company’s common stock on May 02 ’25 at a price of $10.40 per share for a total of $63154.0. Following the sold, the insider now owns 74995.0 shares.
Still, SEC filings show that on Dec 13 ’24, LITCHFIELD STEVEN G disposed off 32,000 shares at an average price of $20.35 for $0.65 million. The insider now directly holds 365,868 shares of MaxLinear Inc (MXL).