Today it was reported that the VP Operations of Maxlinear Inc (MXL), Michael Lachance, exercised options to sell 50,000 MXL shares at $6.93 a share, for a total transaction value of $1.04M.
In addition to Michael Lachance, one other MXL executive reported Sell trades in the last month.
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Currently, Maxlinear Inc has an average volume of 744.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $20.00, reflecting a -0.1% downside.
The insider sentiment on Maxlinear Inc has been negative according to 69 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.
