Steven G. Litchfield, who serves as Chief Financial Officer and Chief Corporate Strategy Officer at MaxLinear, Inc. (NASDAQ:MXL), recorded insider sales totaling $746,427 of company common stock over a three-day span, according to a Form 4 filing with the Securities and Exchange Commission.
The transactions took place from March 4 through March 6, 2026. On March 4, Litchfield sold 20,000 shares of MaxLinear common stock at a weighted average price of $17.4959, with individual trade prices ranging from $17.32 to $17.67, producing proceeds of $349,918. On March 5, he sold 4,929 shares at a weighted average price of $16.8061, with prices in that session between $16.75 and $16.89. The third tranche occurred on March 6, when Litchfield sold another 20,000 shares at a weighted average price of $15.6836, with the session range between $15.68 and $15.73, yielding $313,672.
After these dispositions, Litchfield's direct ownership in MaxLinear stands at 343,435 shares.
These sales coincided with downward movement in MaxLinear's stock price. The shares have fallen nearly 10% over the prior week and were trading at $15.72 at the time of reporting. A separate InvestingPro note cited a beta of 1.76 for the stock, indicating above-market volatility. The InvestingPro Fair Value assessment referenced in filings suggests the shares are undervalued and lists the company among its Most Undervalued opportunities.
Separately, MaxLinear reported fourth-quarter 2025 results that beat consensus forecasts. The company posted earnings per share of $0.19, compared with the expected $0.18, and generated revenue of $136.4 million versus an anticipated $134.82 million. The reported results represent a 5.56% positive earnings surprise for the quarter.
The earnings and revenue beats were noted in connection with market attention following the release, though no analyst upgrades or downgrades were cited in the available filing text. The combination of insider sales, recent price weakness, and a modest quarterly outperformance presents a mixed signal for observers tracking executive transactions and near-term market reaction.
Because the public filings supply the specific transaction details and the company-reported quarterly metrics, the record here is limited to those confirmed facts. The Form 4 lists the exact share counts, weighted-average prices, price ranges and the resulting proceeds. The company’s reported EPS and revenue figures, and the InvestingPro references to beta and fair value placement, are presented as disclosed.