SCHEDULE: FMR LLC Reports Stake in MaxLinear Inc.

FMR LLC and Abigail P. Johnson have filed a Schedule 13G, reporting beneficial ownership of 1.8% of MaxLinear Inc.'s common stock as of June 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, indicating their beneficial ownership of MaxLinear Inc. common stock.
• As of June 30, 2026, the total beneficial ownership reported is 1,650,823.96 shares, representing 1.8% of the class.
• FMR LLC holds sole voting power for 1,648,630 shares and sole dispositive power for 1,650,823.96 shares.
• Abigail P. Johnson is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.
• The filing confirms that no single other person's interest in MaxLinear Inc. common stock exceeds five percent.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting on beneficial ownership changes rather than operational or financial performance.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant, though not controlling, stake in MaxLinear Inc.
• The filing indicates a stable ownership structure with no single entity holding more than 5% of the shares, apart from the reporting persons collectively.
• The reporting persons are classified as investment advisors (IA) and a holding company (HC), suggesting a focus on investment rather than control.

Negatives

• The filing does not contain financial performance data, making it impossible to assess the company's operational health.
• The 1.8% ownership stake is relatively small and does not indicate significant influence over the company's strategic direction.

Risks

• The filing does not explicitly mention any risks associated with MaxLinear Inc.'s operations or market position.
• Potential future changes in beneficial ownership by FMR LLC or other large shareholders could impact stock price volatility.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding MaxLinear Inc.'s future performance.

Management Comments

• Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC.
• The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares.
• Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant shareholders to report their holdings. This filing indicates FMR LLC's continued investment interest in the semiconductor or technology sector where MaxLinear Inc. operates.

Corporate Governance

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional investor's stake, which can influence market perception and trading activity.
• FMR LLC Stakeholders: The voting agreement among Johnson family members and Series B shareholders impacts the governance and control structure of FMR LLC itself.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to report any changes in their beneficial ownership of MaxLinear Inc. common stock as required by SEC regulations.
• The joint filing agreement under Rule 13d-1(k)(1) ensures coordinated reporting of their holdings.

Key Dates

Keywords

MaxLinear Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Advisor, Holding Company