Steven G. Litchfield sells 102,157 shares at $17.28–$17.32 for $1.8M; holds 312.2K remaining as MXL trades -32.8% from 52-week high amid -48.0% revenue decline.
Steven G. Litchfield executed 2 separate sales totaling 102,157 shares for $1,765,118.58 on 2025-08-26, reducing his holdings by 24.7% to 312,203 shares. The transaction occurred while MaxLinear faces significant operational headwinds: the company reported a net loss of $26,586,000.00 on quarterly revenue of $108,813,000.00, and full-year revenue contracted -48.0% against the prior fiscal year. At the time of sale, MXL was trading at -32.8% from its 52-week high of $24.92, suggesting substantial investor repricing relative to broader valuation peaks. The insider's reduction of roughly one-quarter of his stake in a unprofitable company experiencing severe revenue contraction merits evaluation within the context of the company's financial deterioration and the stock's broader retreat from recent highs.