Large Inflow of Money Witnessed in MaxLinear Inc

MaxLinear Inc (NYSE:MXL) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $2.51 million worth of transactions were on upticks, whereas, the downticks accounted for $2.32 million worth of transactions. The net money flow was a positive $0.18 million and the uptick to downtick ratio was 1.08. The net money flow into the stock was $0.9 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.9 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. MaxLinear Inc (NYSE:MXL) was trading at $17.33, down $0.18 during day. The stock slid -1.03% over the previous days close. For the week, the stock recorded -4.2% over the previous weeks close.


In an insider trading activity, Walsh Brendan, officer (VP, Product Line Marketing) of Maxlinear Inc, unloaded 12,500 shares at an average price of $20.24 on June 10, 2016. The total amount of the transaction was worth $253,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 20.06% of MaxLinear Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.45% . Institutional Investors own 73.33% of MaxLinear Inc shares. During last six month period, the net percent change held by insiders has seen a change of -18.11%.

The company shares have rallied 45.07% from its 1 Year high price. On Jun 7, 2016, the shares registered one year high at $20.98 and the one year low was seen on Aug 11, 2015. The 50-Day Moving Average price is $19.52 and the 200 Day Moving Average price is recorded at $17.05. MaxLinear Inc (NYSE:MXL): The stock opened at $17.76 on Wednesday but the bulls could not build on the opening and the stock topped out at $18.01 for the day. The stock traded down to $17.20 during the day, due to lack of any buying support eventually closed down at $17.42 with a loss of -0.51% for the day. The stock had closed at $17.51 on the previous day. The total traded volume was 1,131,239 shares.

MaxLinear, Inc. is a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communications and data center, metro, and long-haul transport network applications. The Company offers semiconductor products, such as RF Receivers, RF Receiver systems-on-chip (SoCs), Laser Modulator Drivers, Transimpedance Amplifiers, and Clock and Data Recovery Circuits. The Companys products receive and process RF and digital signals and enable the display of broadband video and data content in a range of electronic devices, including cable and terrestrial and satellite set top boxes, data over cable service interface specification (DOCSIS) data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and optical modules for data center, metro, and long-haul transport network applications.

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