Published on 18 Oct 2024 on GuruFocus.com · via Yahoo Finance
State Street Corp's Strategic Acquisition of MaxLinear Inc Shares
Overview of the Recent Transaction
On September 30, 2024, State Street Corp made a significant addition to its investment portfolio by acquiring 4,123,419 shares of MaxLinear Inc (NASDAQ:MXL). This transaction, executed at a price of $14.48 per share, marks a notable expansion in State Street Corp's holdings within the technology sector. Despite the large number of shares purchased, this move has not yet had a substantial impact on the firm's overall portfolio, which remains diverse and robust.
Profile of State Street Corp