Connor Clark & Lunn Investment Management Ltd. Takes Position in MaxLinear, Inc $MXL

Posted by Stanley Muller on Aug 24th, 2026

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of MaxLinear, Inc (NASDAQ:MXL – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 633,102 shares of the semiconductor company’s stock, valued at approximately $81,056,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MXL. BlackRock Inc. acquired a new position in MaxLinear in the 2nd quarter worth about $1,754,062,000. Vanguard Group Inc. boosted its stake in shares of 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 purchasing an additional 605,903 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of 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 purchasing an additional 628,719 shares in the last quarter. Invesco Ltd. grew its holdings in shares of MaxLinear by 419.9% during the fourth 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 last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of MaxLinear by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 2,038,144 shares of the semiconductor company’s stock worth $35,531,000 after purchasing an additional 28,548 shares during the last quarter. Institutional investors own 90.79% of the company’s stock.

Insider Transactions at MaxLinear

In other news, CEO Kishore Seendripu sold 351,454 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $85.95, for a total transaction of $30,207,471.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas E. Pardun sold 11,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the director directly owned 55,252 shares of the company’s stock, valued at approximately $5,801,460. This trade represents a 16.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 602,454 shares of company stock valued at $51,589,671. Company insiders own 7.70% of the company’s stock.

MaxLinear Price Performance

MaxLinear stock opened at $66.61 on Monday. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of -55.97 and a beta of 3.96. MaxLinear, Inc has a 52-week low of $12.77 and a 52-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. The firm has a 50 day moving average price of $82.17 and a two-hundred day moving average price of $57.29.

MaxLinear (NASDAQ:MXL – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. The company had revenue of $168.85 million during the quarter, compared to analysts’ expectations of $164.64 million. During the same period in the prior year, the company posted $0.02 earnings per share. MaxLinear’s revenue for the quarter was up 55.2% compared to the same quarter last year. Equities analysts predict that MaxLinear, Inc will post 0.78 EPS for the current year.

Wall Street Analyst Weigh In

MXL has been the subject of a number of research reports. Northland Securities set a $110.00 price objective on shares of MaxLinear in a report on Wednesday, June 3rd. Wells Fargo & Company upped their price target on shares of MaxLinear from $42.00 to $75.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research note on Friday, July 17th. Benchmark started coverage on shares of MaxLinear in a report on Wednesday, May 27th. They set a “buy” rating and a $125.00 price target on the stock. Finally, Wall Street Zen upgraded MaxLinear from a “hold” rating to a “buy” rating in a report on Sunday, July 26th. Five equities research 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’s stock. Based on data from MarketBeat, MaxLinear currently has a consensus rating of “Hold” and a consensus price target of $85.00.

Get Our Latest Stock Analysis on MaxLinear

MaxLinear Company 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.