A Director at Maxlinear Inc is Exercising Options


Today it was reported that a Director at Maxlinear Inc (MXL), Thomas Pardun, exercised options to sell 16,575 MXL shares at $4.25 a share, for a total transaction value of $367K.

In addition to Thomas Pardun, one other MXL executive reported Sell trades in the last month.

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Currently, Maxlinear Inc has an average volume of 279.5K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.83, reflecting a -7.2% downside.

The insider sentiment on Maxlinear Inc has been negative according to 71 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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MaxLinear, Inc. engages in the provision of radio frequency, high-performance analog and mixed-signal communications systems-on-chip solutions for the connected home, wired and wireless infrastructure, and industrial and multi-market applications.

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