Maxim Integrated Products, Inc. (MXIM) Upgraded to "Buy" by BidaskClub

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26 July, 2017

Eqis Capital Management Inc. raised its stake in Maxim Integrated Products, Inc. (MXIM) were valued at $45.10 and moved -5.73% as of a recent closing trade. In the last ninety days, insiders have sold 241,548 shares of company stock worth $11,148,556. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.01.

Investors of this company earned a return of 13.70% on the assets it owns in past twelve month.

Maxim Integrated Products declared that its Board of Directors has authorized a stock buyback program on Thursday, July 20th that authorizes the company to buyback $1.00 billion in shares.

Secor Capital Advisors Lp increased Regeneron Pharmaceuticals (Call) (NASDAQ:REGN) stake by 3,500 shares to 9,100 valued at $3.34M in 2016Q4. Navient Corp (NASDAQ:NAVI) has risen 12.24% since July 25, 2016 and is uptrending. It has outperformed by 3.98% the S&P500. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2017/07/24/maxim-integrated-products-inc-nasdaqmxim-receives-average-recommendation-of-buy-from-analysts-updated.html.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The insider DOLUCA TUNC sold 3,000 shares worth $141,000. The stock was sold at an average price of $45.08, for a total transaction of $824,964.00. Evercore ISI reiterated an "in-line" rating on shares of Maxim Integrated Products in a report on Friday, April 21st. Weaver C Barksdale And Assoc accumulated 1.53% or 24,586 shares. Proficio Capital Partners LLC increased its stake in Maxim Integrated Products by 51.4% in the first quarter. Its relative volume is 1.15. Analysts predict that Maxim Integrated Products will post $2.12 EPS for the current fiscal year. Therefore 56% are positive.

Maxim Integrated Products (MXIM) opened at 45.10 on Wednesday. (NASDAQ:MXIM)'s near-term growth potential.

A number of research analysts have commented on the company.

Stock of Cheniere Energy, Inc. (NASDAQ:MXIM) Performing Well? The firm has "Buy" rating by Loop Capital given on Tuesday, December 6.

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. This buyback authorization allows the semiconductor company to repurchase up to 7.4% of its shares through open market purchases. As per Tuesday, July 18, the company rating was maintained by BMO Capital Markets. The stock has "Hold" rating by Jefferies on Thursday, July 20. It tells an investor how quickly a company is increasing its revenues. Its down 0.48, from 1.56 in 2016Q3. Chicago Equity Prtnrs Ltd reported 955,030 shares. Ellington Management Gp Lc has invested 0.09% in Maxim Integrated Products Inc. (MXIM) closed its previous trading session at $44.62 with the gain of 0.22%. (NASDAQ:MXIM) for 13,449 shares. KeyCorp also issued estimates for Maxim Integrated Products' Q2 2018 earnings at $0.58 EPS, Q3 2018 earnings at $0.59 EPS, Q4 2018 earnings at $0.62 EPS, FY2018 earnings at $2.34 EPS, Q1 2019 earnings at $0.62 EPS and Q2 2019 earnings at $0.59 EPS. Calvert Investment holds 0.21% in Navient Corp (NASDAQ:NAVI) or 344,644 shares. Investors of record on Thursday, August 31st will be issued a $0.36 dividend.

Institutional investors have recently bought and sold shares of the company. (NASDAQ:MXIM) was sold by Preeshl Bryan. Prudential Financial has 24,957 shares for 0% of their portfolio. The SI to Maxim Integrated Products Incorporated's float is 1.4%. Metropolitan Life Ins New York holds 19,430 shares or 0.01% of its portfolio. Toronto Dominion Bank increased its stake in Maxim Integrated Products by 26.1% in the first quarter. (NASDAQ:MXIM) for 15 shares. Ubs Asset Americas Inc holds 2.80M shares.

Maxim Integrated Products (NASDAQ:MXIM) last announced its quarterly earnings data on Thursday, July 20th.

03/31/2017 - Macquarie began new coverage on Maxim Integrated Products, Inc. giving the company a " rating. Shares for $1.81 million were sold by NEIL CHRISTOPHER J on Friday, June 9. One analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. Therefore 36% are positive.

MXIM has been the topic of several recent analyst reports. The rating was reinitiated by Liberum Capital on Monday, March 27 with "Hold". On Friday, June 16 the stock rating was maintained by Raymond James with "Market Perform". The firm has "Neutral" rating by Goldman Sachs given on Wednesday, August 12. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. The rating was upgraded by JP Morgan to "Overweight" on Tuesday, January 12. The company was downgraded on Monday, April 3 by ABN Amro. The firm has "Buy" rating by Bank of America given on Friday, July 24.

More news for Unilever plc (ADR) (NYSE:UL) were recently published by: Investorplace.com, which released: "Unilever plc (ADR) (UL) May Face Hostile Bid from Kraft" on July 10, 2017.

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