Director Thomas E Pardun sold 11,000 MXL shares at $105.00 (52-week high near $106.28); stock down 8.0% from peak since sale.
Director Thomas E Pardun sold 11,000 (11.0K shares) of MAXLINEAR, INC (MXL) at $105.00 on 2026-05-26, reducing his holdings by 11,000 shares from 66,252 to 55,252 shares. The sale occurred near the 52-week high of $106.28, with current price at $97.76 representing an 8.0% decline from the peak. The company reported $137,188,000.00 revenue in the latest quarter but posted a net loss of $-45,137,000.00 and remains unprofitable on a full-year basis, despite annual revenue growth of +29.7%. This sale by a director during a period of operational losses and near a 52-week price peak merits investor attention to whether it signals reassessment of near-term valuation or reflects liquidity needs independent of fundamental conviction.