Maxim Integrated Products Inc. (NASDAQ:MXIM) CEO Tunc Doluca sold 4,000 shares of Maxim Integrated Products stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $55.00, for a total transaction of $220,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Tuesday, January 2nd, Tunc Doluca sold 21,202 shares of Maxim Integrated Products stock. The stock was sold at an average price of $52.57, for a total transaction of $1,114,589.14.
  • On Monday, December 18th, Tunc Doluca sold 2,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $53.00, for a total transaction of $106,000.00.
  • On Friday, December 1st, Tunc Doluca sold 21,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $51.74, for a total transaction of $1,086,540.00.
  • On Wednesday, November 8th, Tunc Doluca sold 14,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $55.00, for a total transaction of $770,000.00.
  • On Friday, November 3rd, Tunc Doluca sold 14,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $53.00, for a total transaction of $742,000.00.
  • On Wednesday, November 1st, Tunc Doluca sold 21,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $52.70, for a total transaction of $1,106,700.00.
  • On Monday, October 23rd, Tunc Doluca sold 30,000 shares of Maxim Integrated Products stock. The stock was sold at an average price of $52.16, for a total transaction of $1,564,800.00.

Shares of Maxim Integrated Products Inc. (MXIM) traded up $0.46 during mid-day trading on Tuesday, reaching $55.05. 1,798,600 shares of the company’s stock were exchanged, compared to its average volume of 2,074,278. The firm has a market capitalization of $15,540.00, a PE ratio of 26.85, a price-to-earnings-growth ratio of 2.17 and a beta of 1.10. The company has a current ratio of 14.14, a quick ratio of 13.09 and a debt-to-equity ratio of 0.68. Maxim Integrated Products Inc. has a 1 year low of $40.44 and a 1 year high of $55.43.

Maxim Integrated Products (NASDAQ:MXIM) last announced its quarterly earnings results on Thursday, October 19th. The semiconductor company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.04. The firm had revenue of $576.00 million for the quarter, compared to analysts’ expectations of $576.80 million. Maxim Integrated Products had a net margin of 25.48% and a return on equity of 29.55%. Maxim Integrated Products’s revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.48 earnings per share. research analysts anticipate that Maxim Integrated Products Inc. will post 2.47 earnings per share for the current fiscal year.

A number of equities research analysts have recently commented on MXIM shares. Loop Capital reiterated a “buy” rating and set a $57.00 price target (up from $53.00) on shares of Maxim Integrated Products in a report on Friday, October 20th. Zacks Investment Research downgraded shares of Maxim Integrated Products from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. Drexel Hamilton lifted their price target on shares of Maxim Integrated Products from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, October 20th. Maxim Group lifted their price target on shares of Maxim Integrated Products to $60.00 and gave the stock a “buy” rating in a report on Friday, October 20th. Finally, Citigroup lifted their price target on shares of Maxim Integrated Products from $44.00 to $50.00 and gave the stock a “neutral” rating in a report on Monday, October 23rd. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $52.24.

Hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in Maxim Integrated Products by 16.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,371 shares of the semiconductor company’s stock valued at $106,000 after buying an additional 343 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in Maxim Integrated Products during the third quarter valued at approximately $128,000. Acrospire Investment Management LLC lifted its position in Maxim Integrated Products by 133.3% during the second quarter. Acrospire Investment Management LLC now owns 2,800 shares of the semiconductor company’s stock valued at $126,000 after buying an additional 1,600 shares in the last quarter. Mckinley Capital Management LLC Delaware acquired a new position in Maxim Integrated Products during the second quarter valued at approximately $144,000. Finally, Toronto Dominion Bank lifted its position in Maxim Integrated Products by 12.1% during the second quarter. Toronto Dominion Bank now owns 3,474 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 375 shares in the last quarter. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

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Maxim Integrated Products Company Profile

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 also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company caters to automotive, communications and data center, computing, consumer and industrial markets.

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

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