Principal Financial Group Sells 22919 Shares of MaxLinear,
November 21, 2023
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MAXLINEAR ($NASDAQ:MXL): Principal Financial Group Inc. has recently sold 22919 shares of MaxLinear, Inc., a company that designs, develops and markets radio-frequency, or RF, systems-on-chip and other semiconductor solutions for the connected home, wired and wireless infrastructure, and industrial and multi-market applications. MaxLinear’s solutions enable the delivery of data over a wide range of media such as coaxial cable, fiber optics, and wireless communication channels. These integrated systems-on-chip combine analog radio-frequency and high-speed analog and digital processing technologies to deliver superior performance, energy efficiency and reliability in a small form factor. Its products can be found in consumer electronics, communications, industrial, medical, aerospace and defense applications.
The company’s stock is traded on the New York Stock Exchange (NYSE: MXL). The recent sale of shares by Principal Financial Group Inc. is likely to have a positive impact on MaxLinear’s stock prices, as it signals investors’ confidence in the company’s potential to continue to grow and succeed in the future.
Price History
On Monday, Principal Financial Group Inc. sold 22919 shares of MaxLinear, Inc. following the closing bell. The stock opened at $17.5 and closed at $18.4, up 4.8% from its last closing price of $17.6. The company is a provider of radio frequency, high-performance analog and mixed signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multi-market applications. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Maxlinear. More…
| Total Revenues | Net Income | Net Margin |
| 858.5 | -3.57 | 1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Maxlinear. More…
| Operations | Investing | Financing |
| 129.3 | -48.13 | -76.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Maxlinear. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.1k | 401.11 | 8.62 |
Key Ratios Snapshot
Some of the financial key ratios for Maxlinear are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.4% | – | 3.5% |
| FCF Margin | ROE | ROA |
| 10.9% | 2.6% | 1.7% |
Analysis
GoodWhale has conducted an analysis of MAXLINEAR‘s fundamentals and based on our Star Chart, we classify MAXLINEAR as a ‘rhino’; a company that has achieved moderate revenue or earnings growth. Investors who prefer a more conservative approach and a low risk of bankruptcy will be pleased to know that MAXLINEAR has a high health score of 9/10. This score was reached considering MAXLINEAR’s cashflows and debt, making it a reliable and safe investment during times of crisis. MAXLINEAR is also strong in terms of asset, growth, and profitability, but may not be the best choice for investors looking for higher dividends. More…
Peers
MaxLinear Inc is a leading provider of high-performance radio-frequency (RF), analog, and mixed-signal integrated circuits (ICs) for the cable television (CATV), satellite, terrestrial, and fiber-to-the-home (FTTH) markets. The company’s products are used in a wide variety of end applications including cable and satellite set-top boxes, cable modems, optical network terminals, routers, and gateways. MaxLinear is headquartered in Carlsbad, California.
MaxLinear’s competitors include Applied Optoelectronics Inc, Realtek Semiconductor Corp, and TranSwitch Corp. These companies are also leading providers of high-performance RF, analog, and mixed-signal ICs.
– Applied Optoelectronics Inc ($NASDAQ:AAOI)
Applied Optoelectronics Inc. is a vertically integrated provider of LED solutions for lighting, display and optical communications applications. The company designs, manufactures and markets a broad range of high-performance light emitting diodes (LEDs), laser diodes, photodiodes and optoelectronics products.
The company’s products are used in a variety of applications including indoor and outdoor lighting, automotive, electronics, signs and displays, and communications.
Applied Optoelectronics Inc has a market cap of 81.42M as of 2022. The company’s return on equity is -24.05%.
The company’s products are used in a variety of applications including indoor and outdoor lighting, automotive, electronics, signs and displays, and communications.
– Realtek Semiconductor Corp ($TWSE:2379)
With a market cap of 129.24B as of 2022, Realtek Semiconductor Corp is a company that designs, manufactures and markets a wide variety of semiconductor products. Its products include communications network ICs, computer peripheral ICs, and multimedia ICs. The company’s return on equity is 29.82%. Realtek has a long history of innovation and is one of the leading IC providers in the world. The company’s products are used in a wide range of applications, including communication networks, computers, and multimedia devices.
– TranSwitch Corp ($OTCPK:TXCCQ)
TranSwitch Corporation is a publicly traded company that designs, develops and markets integrated circuit solutions for the networking, communications and consumer electronics markets. Its products enable voice, video and data communications over converged Internet Protocol (IP) networks. The company’s solutions are used in a variety of end-user applications, including broadband access, set-top boxes, routers, switches, base stations, wireless LANs, VoIP phones and HDTVs.
Summary
MaxLinear, Inc. (NYSE:MXL) is a technology company providing semiconductor systems for the connected home, wired and wireless infrastructure, and industrial and multimarket applications. Following this transaction, the stock price of MaxLinear experienced a slight increase. Investors should keep an eye on MaxLinear’s stock performance and the company’s financial conditions in order to make an informed decision about investing.
With the company’s solid earnings growth, investors should consider whether the stock is undervalued at current levels. Furthermore, they should research MaxLinear’s potential for long-term growth to determine if the stock’s current valuation is justified.
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