Holder Wbi Investments INC Boosted Maxim Integrated Prods INC (MXIM) Holding

July 14, 2018 - By Brian Ramirez

Maxim Integrated Products, Inc. (NASDAQ:MXIM) LogoInvestors sentiment decreased to 0.89 in Q1 2018. Its down 0.46, from 1.35 in 2017Q4. It is negative, as 49 investors sold MXIM shares while 154 reduced holdings. 58 funds opened positions while 123 raised stakes. 250.01 million shares or 1.42% more from 246.50 million shares in 2017Q4 were reported. Assetmark reported 592 shares. Wellington Management Group Limited Liability Partnership has 0.16% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Panagora Asset Mgmt has invested 0.6% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Winslow Evans Crocker Incorporated invested in 0% or 64 shares. Legg Mason Asset Mgmt (Japan) Com Limited owns 15,400 shares. Brinker Cap holds 0.08% in Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 33,525 shares. The Connecticut-based Conning has invested 0.28% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Usa Fin Portformulas Corp has 7 shares for 0% of their portfolio. Comerica State Bank holds 12,421 shares. Royal Bank Of Canada has 85,496 shares for 0% of their portfolio. First Republic Investment Mngmt owns 12,543 shares. Lpl Financial Ltd Limited Liability Company holds 0% or 20,080 shares. Public Employees Retirement Association Of Colorado invested 0.02% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Thompson Investment Management Inc holds 1.02% or 90,882 shares in its portfolio. Van Eck Assocs has invested 0.21% in Maxim Integrated Products, Inc. (NASDAQ:MXIM).

Since January 29, 2018, it had 0 insider buys, and 26 insider sales for $17.24 million activity. $119,257 worth of stock was sold by Jain Vivek on Friday, February 16. $212,436 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by NEIL CHRISTOPHER J. Another trade for 31,000 shares valued at $1.90M was sold by DOLUCA TUNC. $72,698 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) was sold by Preeshl Bryan on Monday, June 4. Gagneja Sumeet sold 363 shares worth $22,214. $270,407 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by BRONSON JOSEPH R.

Wbi Investments Inc increased its stake in Maxim Integrated Prods Inc (MXIM) by 124.9% based on its latest 2018Q1 regulatory filing with the SEC. Wbi Investments Inc bought 411,873 shares as the company’s stock declined 5.34% with the market. The institutional investor held 741,626 shares of the technology company at the end of 2018Q1, valued at $44.66M, up from 329,753 at the end of the previous reported quarter. Wbi Investments Inc who had been investing in Maxim Integrated Prods Inc for a number of months, seems to be bullish on the $16.97B market cap company. The stock decreased 0.51% or $0.31 during the last trading session, reaching $60.67. About 1.20 million shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 23.96% since July 14, 2017 and is uptrending. It has outperformed by 11.39% the S&P500.

Wbi Investments Inc, which manages about $2.52B and $1.95 billion US Long portfolio, decreased its stake in Ishares Tr (LQD) by 73,488 shares to 20,747 shares, valued at $2.44 million in 2018Q1, according to the filing. It also reduced its holding in Blackrock Inc (NYSE:BLK) by 32,163 shares in the quarter, leaving it with 10,537 shares, and cut its stake in Absolute Shs Tr (WBII).

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

Among 12 analysts covering Maxim Integrated (NASDAQ:MXIM), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Maxim Integrated has $73 highest and $54.0 lowest target. $60.17’s average target is -0.82% below currents $60.67 stock price. Maxim Integrated had 15 analyst reports since January 18, 2018 according to SRatingsIntel. As per Friday, January 26, the company rating was maintained by KeyBanc Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, January 30. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Buy” rating given on Friday, January 26 by Drexel Hamilton. On Friday, January 26 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Hold” rating given on Thursday, January 25 by RBC Capital Markets. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) earned “Buy” rating by Jefferies on Thursday, January 25. Stifel Nicolaus maintained it with “Buy” rating and $61.0 target in Thursday, January 18 report. The firm earned “Hold” rating on Friday, January 26 by SunTrust. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Buy” rating given on Friday, April 27 by Drexel Hamilton. Stifel Nicolaus maintained it with “Buy” rating and $63.0 target in Friday, January 26 report.

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

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