Maxim Group: “Time To “Market Perform” Maxim Integrated Products Inc (NDAQ:MXIM)”

June 19, 2017 - By Winifred Garcia

 Maxim Group: “Time To

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.08, from 1.1 in 2016Q3. It is positive, as 35 investors sold Maxim Integrated Products Inc. shares while 122 reduced holdings. 43 funds opened positions while 143 raised stakes. 252.24 million shares or 0.34% less from 253.09 million shares in 2016Q3 were reported.

The Japan-based Blackrock Japan has invested 0.06% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Atria Limited Liability Com reported 11,534 shares or 0.03% of all its holdings. Ahl Prns Limited Liability Partnership reported 0.2% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). Rfg Advisory Group Inc Ltd holds 0.31% or 12,195 shares. Aqr Mngmt Limited Liability Corp accumulated 3.04 million shares. Edge Asset Mngmt Inc invested in 0.69% or 2.30M shares. Daiwa Gp invested 0% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). Pictet Asset Mgmt Ltd holds 428,215 shares or 0.06% of its portfolio. Mirae Asset invested 0.01% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). M&T State Bank owns 905,125 shares. Caisse De Depot Et Placement Du Quebec has 0.01% invested in Maxim Integrated Products Inc. (NASDAQ:MXIM). Federated Pa holds 0% or 20,000 shares in its portfolio. Paloma Prtn Mngmt holds 0.03% or 67,039 shares. Voya Inv Mgmt Lc holds 0.16% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 1.78 million shares. Raymond James Assoc accumulated 488,787 shares or 0.05% of the stock.

Since January 3, 2017, it had 0 insider purchases, and 39 sales for $25.68 million activity. 6,862 shares were sold by Preeshl Bryan, worth $304,823 on Tuesday, January 31. On Monday, January 9 the insider NEIL CHRISTOPHER J sold $400,000. KIDDOO BRUCE E also sold $1.12M worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares. $881,600 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares were sold by BERGMAN JAMES R. $716,403 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares were sold by DOLUCA TUNC. Shares for $890,835 were sold by Jain Vivek on Tuesday, January 24. MEDLIN EDWIN sold $1.44M worth of stock or 30,646 shares.

How Maxim Group Currently Rates Maxim Integrated Products Inc (NDAQ:MXIM)

Analysts at Maxim Group has begun coverage for shares of Maxim Integrated Products Inc (NDAQ:MXIM) in analysts note sent to investors on Friday, 16 June. The financial company set a “Market Perform” rating on the $12.89 billion market cap firm.

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.08, from 1.1 in 2016Q3. It is positive, as 35 investors sold Maxim Integrated Products Inc. shares while 122 reduced holdings. 43 funds opened positions while 143 raised stakes. 252.24 million shares or 0.34% less from 253.09 million shares in 2016Q3 were reported.

The Japan-based Blackrock Japan has invested 0.06% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Atria Limited Liability Com reported 11,534 shares or 0.03% of all its holdings. Ahl Prns Limited Liability Partnership reported 0.2% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). Rfg Advisory Group Inc Ltd holds 0.31% or 12,195 shares. Aqr Mngmt Limited Liability Corp accumulated 3.04 million shares. Edge Asset Mngmt Inc invested in 0.69% or 2.30M shares. Daiwa Gp invested 0% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). Pictet Asset Mgmt Ltd holds 428,215 shares or 0.06% of its portfolio. Mirae Asset invested 0.01% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM). M&T State Bank owns 905,125 shares. Caisse De Depot Et Placement Du Quebec has 0.01% invested in Maxim Integrated Products Inc. (NASDAQ:MXIM). Federated Pa holds 0% or 20,000 shares in its portfolio. Paloma Prtn Mngmt holds 0.03% or 67,039 shares. Voya Inv Mgmt Lc holds 0.16% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 1.78 million shares. Raymond James Assoc accumulated 488,787 shares or 0.05% of the stock.

Since January 3, 2017, it had 0 insider purchases, and 39 sales for $25.68 million activity. 6,862 shares were sold by Preeshl Bryan, worth $304,823 on Tuesday, January 31. On Monday, January 9 the insider NEIL CHRISTOPHER J sold $400,000. KIDDOO BRUCE E also sold $1.12M worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares. $881,600 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares were sold by BERGMAN JAMES R. $716,403 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares were sold by DOLUCA TUNC. Shares for $890,835 were sold by Jain Vivek on Tuesday, January 24. MEDLIN EDWIN sold $1.44M worth of stock or 30,646 shares.

Maxim Integrated Products Inc. (NASDAQ:MXIM) Ratings Coverage

Among 6 analysts covering Maxim Integrated Products Inc. (NDAQ:MXIM), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Maxim Integrated Products Inc. has $54 highest and $44 lowest target. $49’s average target is 5.97% above currents $46.24 stock price. Maxim Integrated Products Inc. had 7 analyst reports since March 31, 2017 according to SRatingsIntel. The firm has “In-Line” rating by Evercore given on Monday, April 24. The firm has “Market Perform” rating given on Friday, June 16 by Maxim Group. The firm earned “Outperform” rating on Friday, March 31 by Macquarie Research. The stock of Maxim Integrated Products Inc. (NASDAQ:MXIM) earned “Market Perform” rating by Raymond James on Friday, June 16. The firm earned “Hold” rating on Monday, April 24 by Maxim Group.

The stock decreased 0.02% or $0.01 on June 16, reaching $46.24. About shares traded. Maxim Integrated Products Inc. (NDAQ:MXIM) has risen 31.27% since June 19, 2016 and is uptrending. It has outperformed by 14.57% the S&P500.

Wall Street await Maxim Integrated Products Inc. (NASDAQ:MXIM) to release earnings on July, 20. Analysts forecast earnings per share of $0.62, up exactly $0.13 or 26.53 % from 2014’s $0.49 EPS. The expected MXIM’s profit could reach $172.83 million giving the stock 18.65 P/E in the case that $0.62 earnings per share is reported. After posting $0.56 EPS for the previous quarter, Maxim Integrated Products Inc.’s analysts now forecast 10.71 % EPS growth.

Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The company has market cap of $12.89 billion. The Firm also provides a range of high-frequency process technologies and capabilities for use in custom designs. It has a 26.63 P/E ratio. The Firm caters to automotive, communications and data center, computing, consumer and industrial markets.

More recent Maxim Integrated Products Inc. (NASDAQ:MXIM) news were published by: Prnewswire.com which released: “Future Electronics and Maxim Integrated Sign Distribution Agreement” on June 01, 2017. Also Prnewswire.com published the news titled: “Semiconductor Stock Performance Review — Broadcom, Integrated Device …” on June 13, 2017. Nasdaq.com‘s news article titled: “Maxim Integrated Products, Inc. (MXIM) Ex-Dividend Date Scheduled for May 30, 2017” with publication date: May 26, 2017 was also an interesting one.

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