MaxLinear (MXL) reported third-quarter 2026 net revenue of $218.1 million, up 29% sequentially and 72% from a year earlier. GAAP net income was $28.9 million, compared with a net loss of $45.5 million in the prior-year quarter.
GAAP diluted earnings per share were $0.30, compared with a loss of $0.52 per share a year earlier. The company forecast fourth-quarter revenue of $240 million to $260 million.
- Infrastructure business revenue increased 210% year over year, driven by optical AI data center products.
- GAAP gross margin was 58.7%, up from 56.9% a year earlier.
- GAAP operating income was $30.2 million, versus an operating loss of $41.3 million a year earlier.
- MaxLinear increased its revolving credit facility by $70 million to $200 million.
- Fourth-quarter GAAP gross-margin guidance is 58.0% to 61.0%.
$MXL Insider Trading Activity
$MXL insiders have traded $MXL stock on the open market 25 times in the past 6 months. Of those trades, 0 have been purchases and 25 have been sales.
Here’s a breakdown of recent trading of $MXL stock by insiders over the last 6 months:
- KISHORE SEENDRIPU (Chairman, President and CEO) has made 0 purchases and 16 sales selling 591,454 shares for an estimated $50,435,856.
- ALBERT J MOYER sold 15,741 shares for an estimated $1,227,798
- THOMAS E PARDUN sold 11,000 shares for an estimated $1,155,000
- CONNIE H. KWONG (Corporate Controller & PAO) has made 0 purchases and 2 sales selling 19,168 shares for an estimated $1,010,791.
- TED L III TEWKSBURY has made 0 purchases and 3 sales selling 10,660 shares for an estimated $838,686.
- DANIEL A ARTUSI sold 10,500 shares for an estimated $825,728
- CAROLYN BEAVER sold 6,000 shares for an estimated $461,746
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.
$MXL Hedge Fund Activity
We have seen 291 institutional investors add shares of $MXL stock to their portfolio, and 136 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 3,611,846 shares (-68.6%) from their portfolio in Q2 2026, for an estimated $462,424,643
- JPMORGAN CHASE & CO added 2,164,757 shares (+inf%) to their portfolio in Q2 2026, for an estimated $277,153,838
- PRICE T ROWE ASSOCIATES INC /MD/ added 2,134,463 shares (+2241.8%) to their portfolio in Q2 2026, for an estimated $273,275,297
- MARSHALL WACE, LLP removed 2,059,933 shares (-93.5%) from their portfolio in Q2 2026, for an estimated $263,733,221
- D. E. SHAW & CO., INC. added 1,754,908 shares (+1648.7%) to their portfolio in Q2 2026, for an estimated $224,680,871
- JANE STREET GROUP, LLC added 1,606,954 shares (+367.6%) to their portfolio in Q2 2026, for an estimated $205,738,320
- FULLER & THALER ASSET MANAGEMENT, INC. added 1,282,533 shares (+inf%) to their portfolio in Q2 2026, for an estimated $164,202,699
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.
