MaxLinear Corporate Controller Sells $3.39M in Stock

summarizeSummary

MaxLinear's Corporate Controller and Principal Accounting Officer, Connie H. Kwong, sold 35,000 shares of common stock for a total value of $3.39 million in open market transactions.

check_boxKey Events

• Significant Insider Sale

  Connie H. Kwong, Corporate Controller & PAO, sold 35,000 shares of MaxLinear common stock in two open market transactions.

• Substantial Transaction Value

  The total value of the shares sold amounted to $3,393,680, with prices ranging from $96.92 to $97.15 per share.

• Adds to Ongoing Insider Distribution

  This sale contributes to the existing pattern of insider distribution, with net insider sales exceeding $5.1 million over the last 90 days.

• Occurred Near 52-Week High

  The transactions took place on May 8, 2026, when the stock was trading near its 52-week high of $101.30.

auto_awesomeAnalysis

This significant open market sale by Connie H. Kwong, MaxLinear's Corporate Controller and Principal Accounting Officer, represents a notable disposition of shares. While the percentage of the company's overall market capitalization is small, the absolute dollar value of $3.39 million is substantial for an individual transaction. This sale contributes to the broader pattern of insider distribution observed over the past 90 days, totaling over $5 million in net sales. The transactions occurred on May 8, 2026, when the stock was trading near its 52-week high, which could indicate profit-taking by the insider.