Maxim Integrated Prods INC (MXIM) Shares Rose While American Century Companies INC Decreased Stake

April 16, 2018 - By Mark Mitchell

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Corporate LogoBig Money Sentiment increased to 1.35 in Q4 2017. It has change of 0.27, from 2017Q3’s 1.08. The ratio increased due to MXIM positioning: 25 sold and 131 reduced. 69 funds amassed positions and 141 increased positions. Investors holded 250.01 million in 2017Q3 but now own 246.50 million shares or 1.41% less. Moneta Group Inv Lc reported 4,818 shs stake. First Interstate Bank accumulated 350 shs or 0% of the stock. Northwestern Mutual Wealth Management reported 3,151 shs. Moody Fincl Bank Trust Division holds 0.04% of its capital in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 16,147 shs. Hightower Limited Company accumulated 205,373 shs. Nordea Mngmt Ab holds 0.02% or 145,105 shs in its capital. Meiji Yasuda Asset Mngmt accumulated 0.06% or 12,326 shs. Franklin Res holds 0% of its capital in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 62,755 shs. Huntington Bankshares holds 994 shs or 0% of its capital. Gam Ag, Switzerland-based fund reported 36,320 shs. Bahl & Gaynor accumulated 1.05% or 1.95 million shs. Campbell Newman Asset Mgmt Inc owns 232,179 shs or 2.05% of their US capital. 510,187 were accumulated by Hamlin Capital Lc. 20,728 are held by Td Asset Mngmt Incorporated. Tru Of Vermont owns 70,440 shs for 0.34% of their capital.

MXIM registered $20.78 million net activity with 0 buys and 26 selling transactions since October 23, 2017. DOLUCA TUNC had sold 31,000 shs worth $1.88 million. $26,717 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) was sold by Wright Mary Ann. On Thursday, February 1 3,500 shs were sold by NEIL CHRISTOPHER J, worth $214,732. On Tuesday, January 30 25,000 shs were sold by KIDDOO BRUCE E, worth $1.56 million. On Friday, February 16 a trade for 363 shs valued at $22,214 was made by Gagneja Sumeet. Loftus David had sold 8,313 shs worth $434,257 on Monday, October 30.

In Maxim Integrated Prods Inc (MXIM) was reduced the holdings owned by American Century Companies Inc. The reduction is 7.95% according to 2017Q4 Securities and Exchange form. The company’s stock popped up 11.78% while American Century Companies Inc sold 1.13 million shares. The technology company at the end of 2017Q4 was valued at $684.10 million. It’s down from 14.21 million at the end of the previous reported quarter. Now it had 13.09 million shares held by the institutional investor . $16.34B is Maxim Integrated Prods Inc’s market cap. Its shares touched $58.1 on during the last trading session after 0.64% change.Maxim Integrated Products, Inc. has volume of 1.22M shares. Since April 16, 2017 MXIM has risen 31.76% and is uptrending. The stock outperformed the S&P500 by 20.21%.

According to a filing American Century Companies Inc increased its stake in Innerworkings Inc (NASDAQ:INWK) by 738,351 shares to 2.12 million shares, valued at $21.22M in 2017Q4. The fund manages about $100.38 billion US Long portfolio. American Century Companies Inc has risen its stake in Osi Systems Inc (NASDAQ:OSIS) and also increased its holding in Potlatch Corp New (NASDAQ:PCH) by 382,281 shares in the quarter, for a total of 1.26 million shares.

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on April, 19. They expect $0.69 EPS, up 23.21 % or $0.13 from last year’s $0.56 per share. MXIM’s profit will be $194.04 million for 21.05 P/E if the $0.69 EPS becomes a reality. After $0.65 actual EPS reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts 6.15 % EPS growth.

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

In total 16 analysts cover Maxim Integrated Products (NASDAQ:MXIM). “Buy” rating has 6, “Sell” are 0, while 10 are “Hold”. 38% are bullish. 27 are the (NASDAQ:MXIM)’s analyst reports since October 18, 2017 according to StockzIntelligence Inc. On Friday, October 20 the firm has “Market Perform” rating by Wells Fargo given. On Friday, January 26 the firm earned “Buy” rating by Stifel Nicolaus. On Friday, October 20 KeyBanc Capital Markets maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating. KeyBanc Capital Markets has “Overweight” rating and $57 target. On Friday, October 20 the stock has “Buy” rating by Loop Capital. On Friday, October 20 the firm has “Market Perform” rating by BMO Capital Markets given. On Friday, January 26 the stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) earned “Hold” rating by SunTrust. On Friday, October 20 Stifel Nicolaus maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating. Stifel Nicolaus has “Buy” rating and $57.0 target. On Friday, October 20 the firm has “Neutral” rating by B. Riley & Co given. In Wednesday, October 18 report Barclays Capital maintained it with “Equal-Weight” rating and $50 target. On Friday, October 20 the firm has “Hold” rating given by SunTrust.

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Institutional Investors Chart

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