Summit Global Investments Buys Shares of 6,159 MaxLinear, Inc $MXL

Posted by Brian Himes on Aug 15th, 2026

Summit Global Investments bought a new position in MaxLinear, Inc (NASDAQ:MXL – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,159 shares of the semiconductor company’s stock, valued at approximately $789,000.

A number of other large investors have also made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of MaxLinear by 419.9% in the 4th quarter. Invesco Ltd. now owns 2,149,589 shares of the semiconductor company’s stock worth $37,467,000 after purchasing an additional 1,736,141 shares during the period. Paradigm Capital Management Inc. NY boosted its holdings in shares of MaxLinear by 582.7% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 861,000 shares of the semiconductor company’s stock worth $15,007,000 after buying an additional 734,875 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in MaxLinear by 27.8% during the second quarter. The Manufacturers Life Insurance Company now owns 2,889,111 shares of the semiconductor company’s stock valued at $41,054,000 after buying an additional 628,719 shares during the period. Defiance ETFs LLC bought a new stake in MaxLinear during the fourth quarter valued at approximately $10,944,000. Finally, Vanguard Group Inc. increased its holdings in MaxLinear by 4.8% during the fourth quarter. Vanguard Group Inc. now owns 13,326,387 shares of the semiconductor company’s stock valued at $232,279,000 after buying an additional 605,903 shares during the last quarter. 90.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Roth Capital lifted their price target on shares of MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Stifel Nicolaus raised their target price on MaxLinear from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Susquehanna lifted their target price on MaxLinear from $45.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Northland Securities set a $110.00 target price on MaxLinear in a research report on Wednesday, June 3rd. Finally, Loop Capital raised MaxLinear from a “hold” rating to a “buy” rating and boosted their price target for the company from $17.00 to $75.00 in a report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, MaxLinear currently has an average rating of “Hold” and an average price target of $85.00.

Check Out Our Latest Research Report on MXL

MaxLinear Price Performance

Shares of NASDAQ:MXL opened at $84.84 on Friday. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of -71.29 and a beta of 3.95. The firm has a fifty day moving average price of $82.84 and a 200 day moving average price of $55.18. MaxLinear, Inc has a fifty-two week low of $12.77 and a fifty-two week high of $128.30. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78.

MaxLinear (NASDAQ:MXL – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $168.85 million for the quarter, compared to the consensus estimate of $164.64 million. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. MaxLinear’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 firm posted $0.02 EPS. As a group, sell-side analysts expect that MaxLinear, Inc will post 0.78 earnings per share for the current fiscal year.

Insider Buying and Selling at MaxLinear

In other news, Director Thomas E. Pardun sold 11,000 shares of MaxLinear stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.00, for a total value of $1,155,000.00. Following the sale, the director directly owned 55,252 shares of the company’s stock, valued at approximately $5,801,460. The trade was a 16.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.70% of the stock is currently owned by insiders.

MaxLinear Profile

(Free Report)

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.