MaxLinear Inc (NASDAQ: MXL) on Tuesday, plunged -5.63% from the previous trading day, before settling in for the closing price of $16.52. Within the past 52 weeks, MXL’s price has moved between $8.35 and $25.73.
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -59.94%. The company achieved an average annual earnings per share of 129.80%. With a float of $80.94 million, this company’s outstanding shares have now reached $86.91 million.
MaxLinear Inc (MXL) Insider Activity
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of MaxLinear Inc is 7.06%, while institutional ownership is 83.27%. The most recent insider transaction that took place on Aug 26 ’25, was worth 1,765,119. In this transaction an insider of this company sold 102,157 shares at a rate of $17.28, taking the stock ownership to the 312,203 shares. Before that another transaction happened on Aug 26 ’25, when Company’s Officer proposed sale 102,157 for $17.28, making the entire transaction worth $1,765,108.
MaxLinear Inc (MXL) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.36 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.32) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 129.80% per share during the next fiscal year.
MaxLinear Inc (NASDAQ: MXL) Trading Performance Indicators
MaxLinear Inc (MXL) is currently performing well based on its current performance indicators. A quick ratio of 1.14 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.48, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of MaxLinear Inc (MXL)
Compared to the last year’s volume of 1.54 million, its volume of 1.2 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.96%.
During the past 100 days, MaxLinear Inc’s (MXL) raw stochastic average was set at 51.22%, which indicates a significant increase from 13.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.71 in the past 14 days, which was higher than the 0.67 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.92, while its 200-day Moving Average is $14.92. Nevertheless, the first resistance level for the watch stands at $16.51 in the near term. At $17.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.02. If the price goes on to break the first support level at $15.00, it is likely to go to the next support level at $14.42. Should the price break the second support level, the third support level stands at $13.49.
MaxLinear Inc (NASDAQ: MXL) Key Stats
Market capitalization of the company is 1.36 billion based on 87,080K outstanding shares. Right now, sales total 360,530 K and income totals -245,200 K. The company made 108,810 K in profit during its latest quarter, and -26,590 K in sales during its previous quarter.
