Maxlinear Inc Com (NYSE:MXL) Price Declined While Oak Ridge Investments Llc Upped Position

May 17, 2018 - By Russell Jones

MaxLinear, Inc. (NYSE:MXL) Corporate LogoBig Money Sentiment decreased to 1.06 in 2017 Q4. It has change of 0.12, from 2017Q3’s 1.18. The ratio worsened due to MXL positioning: 19 sold and 52 reduced. 20 funds bought positions and 55 increased positions. Investors holded 54.60 million in 2017Q3 but now own 53.87 million shares or 1.33% less. Schwab Charles Investment holds 0.01% or 287,556 shs. 175,526 were reported by Goldman Sachs Gp Inc. Bnp Paribas Arbitrage Sa stated it has 0% of its capital in MaxLinear, Inc. (NYSE:MXL). Retail Bank Of New York Mellon Corporation invested in 1.09 million shs. 102,100 are owned by California Public Employees Retirement Systems. Ohio-based Fifth Third Natl Bank has invested 0% in MaxLinear, Inc. (NYSE:MXL). Los Angeles Equity Inc holds 0% in MaxLinear, Inc. (NYSE:MXL) or 13,002 shs. Kornitzer Mgmt Ks holds 0.03% or 60,000 shs. State Of Alaska Department Of Revenue has invested 0.01% of its capital in MaxLinear, Inc. (NYSE:MXL). Swiss Bancorp owns 113,373 shs. Ny State Teachers Retirement Sys, a New York-based fund reported 24,443 shs. Thompson Davis And Inc reported 250 shs stake. Jpmorgan Chase And owns 15,708 shs. Stratos Wealth Partners Limited owns 12,008 shs. Rothschild Asset owns 76,826 shs.

MXL registered $2.38 million net activity with 0 insider buys and 4 insider sales since January 9, 2018. On Tuesday, February 20 LaChance Michael J. had sold 25,000 shs worth $576,925. 25,018 MaxLinear, Inc. (NYSE:MXL) shs with value of $700,554 were sold by WALSH BRENDAN.

Oak Ridge Investments Llc upped its stake by 5900.08% in Maxlinear Inc Com (NYSE:MXL), according to 2018Q1 SEC regulatory form. Maxlinear Inc Com (NYSE:MXL) stock Sank 13.36% while Oak Ridge Investments Llc bought 705,768 shares. Oak Ridge Investments Llc’s position was valued at $16.33 million for 717,730 shares. It’s up from 11,962 last quarter. It decreased Smith A O Com (NYSE:AOS) position by 268,188 shares to 378,168 shares, and cut its Sage Therapeutics Inc (NASDAQ:SAGE) stake.

Oak Ridge Investments Llc is a Illinois-based institutional investor with more than $4.04 billion AUM in January, 2015. Taken from Oak Ridge Investments latest Adv, the fund reported to have 30 full and part-time employees. Among which 29 performing investment advisory and research functions. The institutional investor had more than 4300 clients.

MaxLinear, Inc. (NYSE:MXL) Ratings Coverage

In total 4 analysts cover Maxlinear Inc (NYSE:MXL). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. 6 are the (NYSE:MXL)’s analyst reports since December 14, 2017 according to StockzIntelligence Inc. On Wednesday, February 14 Susquehanna maintained the shares of MXL in report with “Buy” rating. On Wednesday, May 9 the stock has “Buy” rating by Stifel Nicolaus. The company rating was downgraded by Deutsche Bank on Wednesday, May 9. On Friday, December 29 the rating was maintained by Roth Capital with “Buy”. On Tuesday, February 13 the firm has “Buy” rating by Roth Capital given.

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide.The firm is worth $1.31 billion. The firm offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals, modem solutions, and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications.Currently it has negative earnings. The Company’s products are integrated into a range of electronic devices, including cable and terrestrial and satellite set-top boxes and gates, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and physical medium devices, as well as RF transceiver and modem devices for wireless access and backhaul applications.

MaxLinear, Inc. (NYSE:MXL) Institutional Investors Chart

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