Maxim Integrated Products Inc (NDAQ:MXIM) Shareholders Are Liking The News That Raymond James Financial Has Reiterated Their “Market Perform” Rating on the Stock

June 19, 2017 - By Darrin Black

 Maxim Integrated Products Inc (NDAQ:MXIM) Shareholders Are Liking The News That Raymond James Financial Has Reiterated Their

Investors sentiment increased to 1.18 in 2016 Q4. 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.

1,972 are held by Whittier Tru. Private Advisor Grp Ltd Liability stated it has 0.01% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Fuller Thaler Asset Mgmt reported 3,100 shares stake. Commonwealth Equity accumulated 64,115 shares. Andra Ap holds 0.08% in Maxim Integrated Products Inc. (NASDAQ:MXIM) or 76,300 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 20,718 shares or 0.04% of all its holdings. 51,000 were accumulated by Susquehanna Intl Grp Ltd Liability Partnership. Oaktop Cap Ii Lp holds 717,375 shares. First Mercantile Tru accumulated 13,423 shares or 0.08% of the stock. Credit Agricole S A holds 0.01% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 77,082 shares. State Of Alaska Department Of Revenue reported 0.08% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Gideon holds 0.31% or 12,635 shares in its portfolio. Prospector Partners Ltd, Connecticut-based fund reported 37,800 shares. Loomis Sayles & L P holds 0% in Maxim Integrated Products Inc. (NASDAQ:MXIM) or 5,205 shares. British Columbia Investment Mngmt holds 0.04% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 132,858 shares.

Since January 3, 2017, it had 0 insider buys, and 39 selling transactions for $25.68 million activity. Shares for $2.26 million were sold by NEIL CHRISTOPHER J on Monday, May 1. Another trade for 4,000 shares valued at $181,591 was made by Preeshl Bryan on Friday, May 5. KIDDOO BRUCE E had sold 10,000 shares worth $470,000. DOLUCA TUNC sold $160,000 worth of stock. $188,696 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) was sold by WATKINS WILLIAM D on Wednesday, May 3. Shares for $654,264 were sold by Stratakos Anthony on Friday, March 3. The insider MEDLIN EDWIN sold $104,349.

Maxim Integrated Products Inc (NDAQ:MXIM) Rating Reaffirmed

Maxim Integrated Products Inc (NDAQ:MXIM) stock “Market Perform” rating has been reconfirmed at Raymond James Financial in a report shared with investors on Friday, 16 June.

Investors sentiment increased to 1.18 in 2016 Q4. 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.

1,972 are held by Whittier Tru. Private Advisor Grp Ltd Liability stated it has 0.01% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Fuller Thaler Asset Mgmt reported 3,100 shares stake. Commonwealth Equity accumulated 64,115 shares. Andra Ap holds 0.08% in Maxim Integrated Products Inc. (NASDAQ:MXIM) or 76,300 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 20,718 shares or 0.04% of all its holdings. 51,000 were accumulated by Susquehanna Intl Grp Ltd Liability Partnership. Oaktop Cap Ii Lp holds 717,375 shares. First Mercantile Tru accumulated 13,423 shares or 0.08% of the stock. Credit Agricole S A holds 0.01% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 77,082 shares. State Of Alaska Department Of Revenue reported 0.08% in Maxim Integrated Products Inc. (NASDAQ:MXIM). Gideon holds 0.31% or 12,635 shares in its portfolio. Prospector Partners Ltd, Connecticut-based fund reported 37,800 shares. Loomis Sayles & L P holds 0% in Maxim Integrated Products Inc. (NASDAQ:MXIM) or 5,205 shares. British Columbia Investment Mngmt holds 0.04% of its portfolio in Maxim Integrated Products Inc. (NASDAQ:MXIM) for 132,858 shares.

Since January 3, 2017, it had 0 insider buys, and 39 selling transactions for $25.68 million activity. Shares for $2.26 million were sold by NEIL CHRISTOPHER J on Monday, May 1. Another trade for 4,000 shares valued at $181,591 was made by Preeshl Bryan on Friday, May 5. KIDDOO BRUCE E had sold 10,000 shares worth $470,000. DOLUCA TUNC sold $160,000 worth of stock. $188,696 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) was sold by WATKINS WILLIAM D on Wednesday, May 3. Shares for $654,264 were sold by Stratakos Anthony on Friday, March 3. The insider MEDLIN EDWIN sold $104,349.

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. Maxim Group maintained Maxim Integrated Products Inc. (NASDAQ:MXIM) on Monday, April 24 with “Hold” rating. The firm has “Market Perform” rating given on Friday, June 16 by Maxim Group. As per Monday, April 24, the company rating was downgraded by Evercore. The stock of Maxim Integrated Products Inc. (NASDAQ:MXIM) earned “Market Perform” rating by Raymond James on Friday, June 16. The rating was initiated by Macquarie Research on Friday, March 31 with “Outperform”.

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.

Analysts expect Maxim Integrated Products Inc. (NASDAQ:MXIM) to report $0.62 EPS on July, 20.They anticipate $0.13 EPS change or 26.53 % from last quarter’s $0.49 EPS. MXIM’s profit would be $172.83 million giving it 18.65 P/E if the $0.62 EPS is correct. After having $0.56 EPS previously, Maxim Integrated Products Inc.’s analysts see 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 important recent Maxim Integrated Products Inc. (NASDAQ:MXIM) news were published by: Nasdaq.com which released: “Maxim Integrated Products, Inc. (MXIM) Ex-Dividend Date Scheduled for May 30, 2017” on May 26, 2017, also Prnewswire.com published article titled: “Maxim Integrated To Issue $500 Million Of Senior Notes”, Prnewswire.com published: “Semiconductor Stock Performance Review — Broadcom, Integrated Device …” on June 13, 2017. More interesting news about Maxim Integrated Products Inc. (NASDAQ:MXIM) was released by: Prnewswire.com and their article: “Future Electronics and Maxim Integrated Sign Distribution Agreement” with publication date: June 01, 2017.

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