MaxLinear Inc’s recently made public that 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 $0.9 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 $4.41 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 -3.06% to $12.05. Over the last five days, the stock has lost -1.55%. MaxLinear Inc shares have fallen nearly -39.08% since the year began. Nevertheless, the stocks have fallen -37.95% over the past one year.
How much short interest is there in MaxLinear Inc?
A steep rise in short interest was recorded in MaxLinear Inc stocks on 2025-04-30, growing by 0.25 million shares to a total of 5.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 5.47 million shares. There was a rise of 4.41%, which implies that there is a positive sentiment for the stock.
