In a filing, MaxLinear Inc revealed its Director Tewksbury Ted L III unloaded Company’s shares for reported $63154.0 on May 02 ’25. In the deal valued at $10.40 per share,6,071 shares were sold. As a result of this transaction, Tewksbury Ted L III now holds 74,995 shares worth roughly $0.8 million.
Then, THEODORE TEWKSBURY bought 6,071 shares, generating $63,154 in total proceeds.
Before that, LITCHFIELD STEVEN G sold 32,000 shares. MaxLinear Inc shares valued at $651,206 were divested by the insider at a price of $20.35 per share. As a result of the transaction, LITCHFIELD STEVEN G now holds 365,868 shares, worth roughly $3.89 million.
Wells Fargo initiated its MaxLinear Inc [MXL] rating to an Equal weight in a research note published on November 22, 2024; the price target was $14. A number of analysts have revised their coverage, including Susquehanna’s analysts, who decreased its forecast for the stock in early October from “a Positive” to “a Neutral”. Needham also remained covering MXL and has decreased its forecast on July 25, 2024 with a “Hold” recommendation from previously “Buy” rating. Craig Hallum revised its rating on July 17, 2024. It rated MXL as “a Buy” which previously was an “a Hold”.
Price Performance Review of MXL
On Monday, MaxLinear Inc [NASDAQ:MXL] saw its stock fall -0.56% to $10.63. Over the last five days, the stock has gained 4.73%. MaxLinear Inc shares have fallen nearly -46.26% since the year began. Nevertheless, the stocks have fallen -44.05% over the past one year. While a 52-week high of $26.59 was reached on 01/22/25, a 52-week low of $8.35 was recorded on 04/07/25. SMA at 50 days reached $11.71, while 200 days put it at $15.10.
Levels Of Support And Resistance For MXL Stock
The 24-hour chart illustrates a support level at 10.30, which if violated will result in even more drops to 9.98. On the upside, there is a resistance level at 10.84. A further resistance level may holdings at 11.05. The Relative Strength Index (RSI) on the 14-day chart is 48.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.91%. Stochastics %K at 53.16% indicates the stock is a holding.
