5 Best Small Cap Tech Stocks To Buy

4. MaxLinear, Inc. (NASDAQ:MXL)

Number of Hedge Fund Holders: 29

MaxLinear, Inc. (NASDAQ:MXL) offers communications systems-on-chip solutions worldwide for connected homes, wired and wireless infrastructure, and various industrial applications. The company’s products combine different components of high-speed communication systems, including radiofrequency, analog, digital signal processing, security engines, data compression, networking layers, and power management. MaxLinear, Inc. (NASDAQ:MXL) is one of the best technology stocks to watch. 

On July 26, MaxLinear, Inc. (NASDAQ:MXL) reported a Q2 non-GAAP EPS of $0.34, beating market estimates by $0.01. However, the revenue came in at $183.9 million, falling short of Wall Street forecasts by $6.48 million. 

According to Insider Monkey’s first quarter database, 29 hedge funds were bullish on MaxLinear, Inc. (NASDAQ:MXL), compared to 22 funds in the earlier quarter. John Overdeck and David Siegel’s Two Sigma Advisors is the largest stakeholder of the company, with 420,901 shares worth $14.8 million. 

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