Maxim Integrated Products, Inc. (NASDAQ:MXIM) VP Christopher J. Neil sold 3,500 shares of Maxim Integrated Products stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $51.77, for a total transaction of $181,195.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Maxim Integrated Products, Inc. (NASDAQ:MXIM) traded up $0.23 during trading on Tuesday, hitting $51.64. 1,286,224 shares of the stock traded hands, compared to its average volume of 2,051,686. The company has a debt-to-equity ratio of 0.68, a current ratio of 14.14 and a quick ratio of 13.09. Maxim Integrated Products, Inc. has a 1 year low of $38.18 and a 1 year high of $55.43. The company has a market capitalization of $14,590.00, a PE ratio of 23.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.10.

Maxim Integrated Products (NASDAQ:MXIM) last issued its earnings results on Thursday, October 19th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.04. Maxim Integrated Products had a net margin of 25.48% and a return on equity of 29.55%. The firm had revenue of $576.00 million for the quarter, compared to analysts’ expectations of $576.80 million. During the same quarter last year, the business earned $0.48 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. analysts forecast that Maxim Integrated Products, Inc. will post 2.49 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Wednesday, November 29th. Maxim Integrated Products’s dividend payout ratio is 70.24%.

Several research analysts have commented on the stock. B. Riley reissued a “neutral” rating and set a $47.00 price target on shares of Maxim Integrated Products in a research note on Tuesday, September 12th. 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 research note on Friday, October 20th. SunTrust Banks lifted their price target on shares of Maxim Integrated Products to $53.00 and gave the stock a “hold” rating in a research note on Friday, October 20th. 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 research note on Monday, October 23rd. Finally, Zacks Investment Research raised shares of Maxim Integrated Products from a “hold” rating to a “strong-buy” rating and set a $58.00 price target on the stock in a research note on Monday, October 23rd. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $52.14.

A number of large investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP bought a new stake in Maxim Integrated Products in the third quarter valued at $300,000. IFM Investors Pty Ltd bought a new stake in Maxim Integrated Products in the third quarter valued at $408,000. Argent Capital Management LLC boosted its holdings in Maxim Integrated Products by 14.7% in the third quarter. Argent Capital Management LLC now owns 261,500 shares of the semiconductor company’s stock valued at $12,476,000 after acquiring an additional 33,582 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Maxim Integrated Products by 3.0% in the third quarter. California Public Employees Retirement System now owns 707,469 shares of the semiconductor company’s stock valued at $33,753,000 after acquiring an additional 20,569 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in Maxim Integrated Products in the third quarter valued at $210,000. Institutional investors and hedge funds own 90.48% of the company’s stock.

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About Maxim Integrated Products

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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