Primecap Management Company Upped By $4.89 Million Its Maxlinear (MXL) Stake; Nwi Management LP Has Trimmed Its Melco Resorts And Entertainment LTD (MPEL) Position

May 19, 2018 - By Michael Collier

MaxLinear, Inc. (NYSE:MXL) Logo

Nwi Management Lp decreased Melco Resorts And Entertainment Ltd (MPEL) stake by 0.98% reported in 2017Q4 SEC filing. Nwi Management Lp sold 15,000 shares as Melco Resorts And Entertainment Ltd (MPEL)’s stock 0.00%. The Nwi Management Lp holds 1.52M shares with $44.00 million value, down from 1.53M last quarter. Melco Resorts And Entertainment Ltd now has $ valuation. The stock increased 0.00% or $0.08 during the last trading session, reaching $18.97. It is down 0.00% since May 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Primecap Management Company increased Maxlinear Inc (MXL) stake by 28.42% reported in 2017Q4 SEC filing. Primecap Management Company acquired 188,091 shares as Maxlinear Inc (MXL)’s stock declined 13.36%. The Primecap Management Company holds 849,900 shares with $22.45M value, up from 661,809 last quarter. Maxlinear Inc now has $1.30 billion valuation. The stock decreased 0.21% or $0.04 during the last trading session, reaching $19.06. About 877,549 shares traded or 33.31% up from the average. MaxLinear, Inc. (NYSE:MXL) has declined 13.30% since May 19, 2017 and is downtrending. It has underperformed by 24.85% the S&P500.

Since January 9, 2018, it had 0 insider buys, and 4 insider sales for $2.38 million activity. The insider WALSH BRENDAN sold $700,554. LaChance Michael J. sold $576,925 worth of MaxLinear, Inc. (NYSE:MXL) on Tuesday, February 20. On Monday, March 5 LING CURTIS sold $511,084 worth of MaxLinear, Inc. (NYSE:MXL) or 22,321 shares.

Among 11 analysts covering Maxlinear Inc. (NYSE:MXL), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Maxlinear Inc. had 39 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was maintained by Roth Capital on Friday, December 29 with “Buy”. The stock has “Buy” rating by Benchmark on Friday, December 9. TH Capital initiated the stock with “Buy” rating in Wednesday, September 30 report. As per Thursday, September 17, the company rating was upgraded by Needham. Needham maintained the shares of MXL in report on Friday, March 31 with “Buy” rating. The stock of MaxLinear, Inc. (NYSE:MXL) has “Buy” rating given on Wednesday, September 27 by Stifel Nicolaus. Needham maintained the shares of MXL in report on Friday, June 9 with “Buy” rating. Deutsche Bank downgraded MaxLinear, Inc. (NYSE:MXL) on Wednesday, May 9 to “Hold” rating. The rating was maintained by Needham with “Buy” on Wednesday, January 25. The company was maintained on Wednesday, January 13 by Roth Capital.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.12, from 1.18 in 2017Q3. It dived, as 19 investors sold MXL shares while 52 reduced holdings. 20 funds opened positions while 55 raised stakes. 53.87 million shares or 1.33% less from 54.60 million shares in 2017Q3 were reported. Pennsylvania-based Susquehanna Ltd Liability Partnership has invested 0% in MaxLinear, Inc. (NYSE:MXL). 37,367 were accumulated by Thrivent Financial For Lutherans. Ubs Asset Mngmt Americas Inc holds 0.01% of its portfolio in MaxLinear, Inc. (NYSE:MXL) for 538,133 shares. Parallax Volatility Advisers Ltd Partnership invested in 0% or 9,324 shares. Parametric Port Associate Ltd Liability holds 53,021 shares. Envestnet Asset Mngmt, a Illinois-based fund reported 4,688 shares. Thompson Davis & invested 0.02% in MaxLinear, Inc. (NYSE:MXL). The New York-based American Intll Inc has invested 0% in MaxLinear, Inc. (NYSE:MXL). Miles Cap invested in 0.14% or 9,349 shares. Fifth Third Bancorp owns 385 shares or 0% of their US portfolio. Ameriprise has invested 0% in MaxLinear, Inc. (NYSE:MXL). Moreover, Deutsche Financial Bank Ag has 0% invested in MaxLinear, Inc. (NYSE:MXL). Moreover, Public Employees Retirement Association Of Colorado has 0.09% invested in MaxLinear, Inc. (NYSE:MXL). Vaughan Nelson Management Limited Partnership reported 1.97M shares or 0.6% of all its holdings. Pinebridge Limited Partnership, a New York-based fund reported 22,875 shares.

More news for MaxLinear, Inc. (NYSE:MXL) were recently published by: Globenewswire.com, which released: “MaxLinear, Inc. Announces First Quarter 2018 Financial Results” on May 08, 2018. Seekingalpha.com‘s article titled: “MaxLinear’s (MXL) CEO Kishore Seendripu on Q1 2018 Results – Earnings Call Transcript” and published on May 14, 2018 is yet another important article.

Primecap Management Company decreased Honeywell Intl. Inc. (NYSE:HON) stake by 31,367 shares to 3.18M valued at $487.11 million in 2017Q4. It also reduced Progressive Corp. (NYSE:PGR) stake by 300,200 shares and now owns 4.52 million shares. Constellium N.V. (NYSE:CSTM) was reduced too.

Nwi Management Lp increased Utilities Select Sector Spdr (XLU) stake by 76,000 shares to 132,000 valued at $6.95M in 2017Q4. It also upped Adr stake by 136,602 shares and now owns 1.14 million shares. Equities was raised too.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>