Yousif Capital Management LLC Has $873,000 Holdings in MaxLinear, Inc. (NYSE:MXL)

Yousif Capital Management LLC decreased its holdings in MaxLinear, Inc. (NYSE:MXL) by 2.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,745 shares of the semiconductor company’s stock after selling 740 shares during the quarter. Yousif Capital Management LLC’s holdings in MaxLinear were worth $873,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC raised its position in shares of MaxLinear by 659.9% in the third quarter. SG Americas Securities LLC now owns 33,837 shares of the semiconductor company’s stock valued at $753,000 after buying an additional 29,384 shares in the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in MaxLinear in the 3rd quarter valued at $273,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of MaxLinear by 26.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,906 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 3,281 shares during the period. Mackenzie Financial Corp lifted its position in shares of MaxLinear by 3.1% during the 3rd quarter. Mackenzie Financial Corp now owns 41,909 shares of the semiconductor company’s stock valued at $912,000 after acquiring an additional 1,253 shares during the period. Finally, Inspire Investing LLC grew its holdings in shares of MaxLinear by 39.0% during the 3rd quarter. Inspire Investing LLC now owns 13,780 shares of the semiconductor company’s stock worth $307,000 after purchasing an additional 3,868 shares in the last quarter. Institutional investors own 90.79% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on MXL. StockNews.com downgraded shares of MaxLinear from a “hold” rating to a “sell” rating in a research note on Thursday, April 25th. Northland Securities raised shares of MaxLinear from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a research note on Thursday, April 4th. Benchmark restated a “buy” rating and set a $28.00 target price on shares of MaxLinear in a research note on Thursday, April 25th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of MaxLinear in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $26.09.

MaxLinear Trading Up 3.7 %

Shares of NYSE MXL opened at $19.99 on Friday. The company has a 50 day simple moving average of $20.02 and a 200 day simple moving average of $19.87. The company has a current ratio of 1.99, a quick ratio of 1.56 and a debt-to-equity ratio of 0.19. MaxLinear, Inc. has a 1 year low of $13.43 and a 1 year high of $35.09.

MaxLinear (NYSE:MXL) last released its quarterly earnings results on Wednesday, April 24th. The semiconductor company reported ($0.38) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.02. MaxLinear had a negative net margin of 28.70% and a negative return on equity of 4.75%. The firm had revenue of $95.27 million during the quarter, compared to the consensus estimate of $94.99 million. Equities research analysts anticipate that MaxLinear, Inc. will post -1.25 EPS for the current fiscal year.

MaxLinear Profile

MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.