Magnachip Semiconductor (MX) reported second-quarter 2026 consolidated revenue from continuing operations of $44.7 million, down 6.1% from $47.6 million a year earlier. GAAP net loss was $4.8 million, compared with net income of $323,000 in the second quarter of 2025.
The company reported gross profit margin from continuing operations of 19.3%, above its guidance range of 17.0% to 19.0%. Magnachip also named Chae Lee as chief executive officer and formed a strategic partnership with Navitas Semiconductor to license SiC technology.
- Q2 net sales were $44.7 million, compared with $46.2 million in Q1 2026.
- GAAP loss from continuing operations was $7.6 million, compared with income of $9.2 million a year earlier.
- Basic and diluted total loss per share were both $0.13.
- Power Analog Solutions revenue was $40.6 million, down 4.0% year over year.
- Power IC revenue was $4.1 million, down 23.0% year over year.
- For Q3 2026, Magnachip expects consolidated revenue from continuing operations of $41.5 million to $45.5 million.
$MX Insider Trading Activity
$MX insiders have traded $MX stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MX stock by insiders over the last 6 months:
- GILBERT E NATHAN has made 2 purchases buying 38,006 shares for an estimated $104,924 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MX Hedge Fund Activity
We have seen 30 institutional investors add shares of $MX stock to their portfolio, and 30 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LEPERCQ DE NEUFLIZE ASSET MANAGEMENT LLC removed 2,694,527 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $7,544,675
- IMMERSION CORP removed 495,426 shares (-26.4%) from their portfolio in Q1 2026, for an estimated $1,387,192
- CLEARLINE CAPITAL LP removed 346,446 shares (-23.7%) from their portfolio in Q1 2026, for an estimated $970,048
- DIMENSIONAL FUND ADVISORS LP removed 278,753 shares (-33.7%) from their portfolio in Q1 2026, for an estimated $780,508
- TWO SIGMA INVESTMENTS, LP added 259,170 shares (+82.9%) to their portfolio in Q1 2026, for an estimated $725,676
- GOLDMAN SACHS GROUP INC removed 220,174 shares (-52.3%) from their portfolio in Q1 2026, for an estimated $616,487
- BOOTHBAY FUND MANAGEMENT, LLC added 180,198 shares (+667.2%) to their portfolio in Q1 2026, for an estimated $504,554
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
