Maxim Integrated Prods INC (MXIM) Market Value Declined While American Century Companies INC Has Cut Its Position by $31.54 Million

Maxim Integrated Products, Inc. (NASDAQ:MXIM) LogoInvestors sentiment decreased to 1.02 in Q2 2019. Its down 0.06, from 1.08 in 2019Q1. It dived, as 38 investors sold MXIM shares while 152 reduced holdings. 56 funds opened positions while 138 raised stakes. 244.66 million shares or 2.41% less from 250.70 million shares in 2019Q1 were reported. Geode Cap Management Limited Liability Company invested in 4.83 million shares or 0.07% of the stock. Fort LP stated it has 1,459 shares. Ibm Retirement Fund owns 0.09% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 7,723 shares. Markel invested 0.23% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). 500 are owned by Ckw Group. 114,120 were reported by Royal London Asset Mgmt. Utah Retirement Systems stated it has 51,300 shares. Hudson Valley Inv Advisors Adv reported 4,010 shares. Private Advisor Ltd Liability reported 4,709 shares stake. Van Eck Associate Corp has invested 0.11% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Sg Americas Secs Limited Liability Company holds 82,679 shares or 0.03% of its portfolio. Amp Cap Invsts has 135,303 shares. State Street Corporation stated it has 0.05% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Advisory Serv Ltd Co holds 11,532 shares. Natixis invested in 27,877 shares.

American Century Companies Inc decreased its stake in Maxim Integrated Prods Inc (MXIM) by 5.23% based on its latest 2019Q2 regulatory filing with the SEC. American Century Companies Inc sold 534,570 shares as the company’s stock declined 1.15% . The institutional investor held 9.68M shares of the technology company at the end of 2019Q2, valued at $579.29M, down from 10.22M at the end of the previous reported quarter. American Century Companies Inc who had been investing in Maxim Integrated Prods Inc for a number of months, seems to be less bullish one the $16.60 billion market cap company. The stock decreased 0.08% or $0.05 during the last trading session, reaching $59.73. About 1.01M shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has declined 2.95% since September 13, 2018 and is downtrending. It has underperformed by 2.95% the S&P500.

American Century Companies Inc, which manages about $100.48B US Long portfolio, upped its stake in Stanley Black & Decker Inc (NYSE:SWK) by 204,250 shares to 1.26M shares, valued at $181.56M in 2019Q2, according to the filing. It also increased its holding in Zimmer Biomet Hldgs Inc (ZMH) by 557,141 shares in the quarter, for a total of 5.21M shares, and has risen its stake in Stratasys Ltd (NASDAQ:SSYS).

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on October, 29. They expect $0.49 EPS, down 34.67 % or $0.26 from last year’s $0.75 per share. MXIM’s profit will be $136.18M for 30.47 P/E if the $0.49 EPS becomes a reality. After $0.57 actual EPS reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts -14.04 % negative EPS growth.

More notable recent Maxim Integrated Products, Inc. (NASDAQ:MXIM) news were published by: Nasdaq.com which released: “Maxim’s (MXIM) Q4 Earnings In Line, Revenues Lag Estimates – Nasdaq” on August 01, 2019, also Nasdaq.com with their article: “MXIM Crosses Above Key Moving Average Level – Nasdaq” published on February 25, 2019, Finance.Yahoo.com published: “Can Maxim Integrated Products, Inc.’s (NASDAQ:MXIM) ROE Continue To Surpass The Industry Average? – Yahoo Finance” on July 08, 2019. More interesting news about Maxim Integrated Products, Inc. (NASDAQ:MXIM) were released by: Nasdaq.com and their article: “MXIM Crosses Above Average Analyst Target – Nasdaq” published on April 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “Earnings Preview: Maxim Integrated Products (MXIM) Q4 Earnings Expected to Decline – Yahoo Finance” with publication date: July 23, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.