Maxim Integrated Products Inc. (NASDAQ:MXIM) CEO Tunc Doluca sold 5,000 shares of the stock in a transaction that occurred on Monday, February 4th. The stock was sold at an average price of $54.55, for a total value of $272,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Tunc Doluca also recently made the following trade(s):

  • On Monday, December 3rd, Tunc Doluca sold 7,500 shares of Maxim Integrated Products stock. The stock was sold at an average price of $56.98, for a total value of $427,350.00.
  • On Tuesday, November 27th, Tunc Doluca sold 2,500 shares of Maxim Integrated Products stock. The stock was sold at an average price of $55.79, for a total value of $139,475.00.

Shares of NASDAQ:MXIM opened at $54.72 on Friday. Maxim Integrated Products Inc. has a one year low of $46.64 and a one year high of $64.40. The firm has a market cap of $14.96 billion, a PE ratio of 20.19, a P/E/G ratio of 1.96 and a beta of 1.35. The company has a debt-to-equity ratio of 0.57, a current ratio of 6.54 and a quick ratio of 3.27.

Maxim Integrated Products (NASDAQ:MXIM) last announced its quarterly earnings data on Tuesday, January 29th. The semiconductor company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). Maxim Integrated Products had a net margin of 28.72% and a return on equity of 42.09%. The company had revenue of $576.91 million for the quarter, compared to analyst estimates of $590.50 million. On average, equities research analysts expect that Maxim Integrated Products Inc. will post 2.45 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 28th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.36%. Maxim Integrated Products’s dividend payout ratio (DPR) is presently 67.90%.

A number of brokerages have issued reports on MXIM. BidaskClub raised Maxim Integrated Products from a “hold” rating to a “buy” rating in a research note on Tuesday, January 29th. Zacks Investment Research lowered Maxim Integrated Products from a “hold” rating to a “sell” rating in a research note on Tuesday, January 29th. Maxim Group reaffirmed a “hold” rating on shares of Maxim Integrated Products in a research note on Wednesday, January 30th. Morgan Stanley decreased their price target on Maxim Integrated Products from $54.00 to $53.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 19th. Finally, Evercore ISI decreased their price target on Maxim Integrated Products from $60.00 to $55.00 in a research note on Monday, January 14th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $60.20.

Several large investors have recently made changes to their positions in MXIM. Plimoth Trust Co. LLC lifted its holdings in shares of Maxim Integrated Products by 2.5% in the third quarter. Plimoth Trust Co. LLC now owns 7,925 shares of the semiconductor company’s stock valued at $446,000 after purchasing an additional 190 shares in the last quarter. CWM LLC lifted its holdings in shares of Maxim Integrated Products by 78.0% in the fourth quarter. CWM LLC now owns 598 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 262 shares in the last quarter. Stanley Laman Group Ltd. lifted its holdings in shares of Maxim Integrated Products by 1.6% in the fourth quarter. Stanley Laman Group Ltd. now owns 16,431 shares of the semiconductor company’s stock valued at $836,000 after purchasing an additional 262 shares in the last quarter. Trust Co. of Vermont lifted its holdings in shares of Maxim Integrated Products by 0.5% in the fourth quarter. Trust Co. of Vermont now owns 68,036 shares of the semiconductor company’s stock valued at $3,459,000 after purchasing an additional 319 shares in the last quarter. Finally, ETF Managers Group LLC lifted its holdings in shares of Maxim Integrated Products by 19.0% in the fourth quarter. ETF Managers Group LLC now owns 2,224 shares of the semiconductor company’s stock valued at $113,000 after purchasing an additional 355 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

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About Maxim Integrated Products

Maxim Integrated Products, Inc designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationally. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs.

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Insider Buying and Selling by Quarter for Maxim Integrated Products (NASDAQ:MXIM)

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