(NASDAQ:MXIM)'s performance this year to date is 18.71%. Institutional investors own 90.38% of the company's stock. Ladenburg Thalmann Financial Services Inc. raised its stake in Maxim Integrated Products by 0.3% in the fourth quarter. Advisor Group Inc. now owns 3,479 shares of the company's stock worth $138,000 after buying an additional 335 shares during the period. L P raised its stake in Maxim Integrated Products by 3.4% in the fourth quarter. DnB Asset Management AS now owns 28,039 shares of the company's stock worth $1,120,000 after buying an additional 2,600 shares during the last quarter. Weaver C. Barksdale & Associates Inc. raised its position in Maxim Integrated Products by 27.8% in the first quarter.
Looking about the past performance history, the company plunged -0.56% in past week and declined -2.63% in one month. Blackrock Inc holds 0.04% of its portfolio in Maxim Integrated Products Inc.
Investors are watching Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 14.75% since September 12, 2016 and is uptrending. Lawson Products, Inc. (NASDAQ:LAWS) shares have been recently spotted -26.16% away from the 52-week high, and 35.80% away from the 52-week low mark. The stock has a market capitalization of $12.47 billion, a PE ratio of 25.55 and a beta of 1.14. (NASDAQ:MXIM) shares moved to $43.77 after opening the day at $43.69, on Thursday. The company had revenue of $551 million for the quarter, compared to analyst estimates of $542.69 million. Maxim Integrated Products had a return on equity of 24.82% and a net margin of 22.39%. Analysts' estimates typically exclude special items. Its last 5-Year EPS growth stands at -36.60%; with earnings growth of 71.20% yoy. During the same period in the prior year, the firm posted $0.32 EPS.
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A number of key analysts, polled by FactSet, shared their views about the current stock momentum.
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Among 21 analysts covering Maxim Integrated Products Inc. Finally, Royal Bank of Canada boosted their price target on shares of Maxim Integrated Products from $40.00 to $45.00 and gave the stock a "sector perform" rating in a report on Friday, January 27th. Macquarie started coverage on shares of Maxim Integrated Products in a report on Friday, March 31st.
Several research analysts have commented on MXIM shares.
Drexel Hamilton's Cody Acree, who rates the stock a Buy and has a $52 price target, writes in a note this evening that the higher margin shows the continued benefits of Maxim's restructuring efforts, and better-than-average growth in the automotive and industrial chip markets. They set a "neutral" rating and a $48.00 price target for the company. The company has PEG ratio of 1.95 and price to cash ratio of 6.02. Corporate insiders own 1.30% of the company's stock. The trading volume was recorded to 1.47 million shares as compared to average traded volume of 838.48 thousand shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
In other news, CFO Bruce E. Kiddoo sold 25,000 shares of Maxim Integrated Products stock in a transaction that occurred on Tuesday, February 7th.
In other news, CEO Tunc Doluca sold 24,500 shares of the stock in a transaction that occurred on Wednesday, March 1st.