Teachers Retirement System Of The State Of Kentucky Has Boosted Its Maxim Integrated Products (MXIM) Holding by $1.19 Million as Stock Rose

Teachers Retirement System Of The State Of Kentucky increased its stake in Maxim Integrated Products (MXIM) by 22.01% based on its latest 2016Q4 regulatory filing with the SEC. Teachers Retirement System Of The State Of Kentucky bought 31,218 shares as the company’s stock rose 3.86% with the market. The institutional investor held 173,040 shares of the technology company at the end of 2016Q4, valued at $6.67M, up from 141,822 at the end of the previous reported quarter. Teachers Retirement System Of The State Of Kentucky who had been investing in Maxim Integrated Products for a number of months, seems to be bullish on the $12.90B market cap company. The stock rose 0.50% or $0.23 reaching $45.67 per share. About 1.33 million shares traded. Maxim Integrated Products Inc. (NASDAQ:MXIM) has risen 31.27% since August 1, 2016 and is uptrending. It has outperformed by 14.57% the S&P500.

More notable recent Maxim Integrated Products Inc. (NASDAQ:MXIM) news were published by: Benzinga.com which released: “Maxim Integrated Stock Reports Earnings Tonight: 50 Percent 12 Month Upside” on July 20, 2017, also Fool.com with their article: “Barnes & Noble Education gets a new CEO” published on July 21, 2017, Seekingalpha.com published: “Maxim Integrated Products’ (MXIM) CEO Tunc Doluca on Q4 2017 Results …” on July 21, 2017. More interesting news about Maxim Integrated Products Inc. (NASDAQ:MXIM) were released by: Prnewswire.com and their article: “Maxim’s Dual Channel Transceiver Adopted by Omron for IO-Link Sensor Applications” published on July 25, 2017 as well as Prnewswire.com‘s news article titled: “Maxim’s PMICs Offer Hearables Lowest Standby Power and High Efficiency at Less …” with publication date: July 26, 2017.

Teachers Retirement System Of The State Of Kentucky, which manages about $7.85 billion US Long portfolio, decreased its stake in Chevron Corp (NYSE:CVX) by 12,800 shares to 233,927 shares, valued at $27.53M in 2016Q4, according to the filing. It also reduced its holding in Electronic Arts Inc (NASDAQ:EA) by 10,808 shares in the quarter, leaving it with 186,153 shares, and cut its stake in Dow Chemical (NYSE:DOW).

Among 25 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 14 have Buy rating, 2 Sell and 9 Hold. Therefore 56% are positive. Maxim Integrated Products Inc. had 46 analyst reports since July 24, 2015 according to SRatingsIntel. Raymond James maintained the shares of MXIM in report on Friday, June 16 with “Market Perform” rating. Stifel Nicolaus maintained the shares of MXIM in report on Friday, January 27 with “Buy” rating. The stock has “Buy” rating by Bank of America on Friday, January 27. The firm has “Sector Perform” rating given on Tuesday, January 12 by RBC Capital Markets. As per Wednesday, December 9, the company rating was upgraded by Nomura. The stock has “Buy” rating by Stifel Nicolaus on Thursday, May 25. The stock has “Buy” rating by Stifel Nicolaus on Monday, July 3. Drexel Hamilton maintained Maxim Integrated Products Inc. (NASDAQ:MXIM) on Friday, October 21 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Friday, January 22 with “Buy”. Drexel Hamilton maintained the stock with “Buy” rating in Friday, July 21 report.

Since February 7, 2017, it had 0 insider purchases, and 27 sales for $19.36 million activity. 4,200 shares were sold by WATKINS WILLIAM D, worth $188,696. Preeshl Bryan also sold $55,829 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) shares. KIDDOO BRUCE E also sold $470,000 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) on Friday, May 19. Another trade for 51,000 shares valued at $2.26M was made by NEIL CHRISTOPHER J on Monday, May 1. 6,000 shares were sold by DOLUCA TUNC, worth $294,000 on Tuesday, June 6. $463,092 worth of Maxim Integrated Products Inc. (NASDAQ:MXIM) was sold by Jain Vivek on Monday, May 15.

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.08, from 1.1 in 2016Q3. It is positive, as 35 investors sold MXIM shares while 122 reduced holdings. 43 funds opened positions while 143 raised stakes. 252.24 million shares or 0.34% less from 253.09 million shares in 2016Q3 were reported. Invesco holds 0.04% in Maxim Integrated Products Inc. (NASDAQ:MXIM) or 2.85M shares. Bluemountain Limited Liability Company holds 0.02% or 25,366 shares. Raymond James Svcs Advsrs Incorporated holds 62,043 shares. Aviva Public Ltd Co reported 188,668 shares. Putnam Invests Ltd Liability owns 477,177 shares. Vanguard Grp reported 26.22 million shares. Oaktop Capital Management Ii LP reported 717,375 shares. Old Mutual Customised Solutions (Proprietary) Limited owns 5,900 shares or 0.04% of their US portfolio. Mirae Asset Global Investments holds 0.01% or 5,895 shares in its portfolio. Gideon Cap Advsr holds 0.31% or 12,635 shares. Pacad Inv Limited invested in 0.14% or 28,600 shares. Amalgamated Bank & Trust accumulated 0.05% or 25,935 shares. Peak6 Investments Lp owns 51,219 shares. 34 are held by Washington Trust Natl Bank. Neuberger Berman Grp Lc invested in 1.39 million shares or 0.07% of the stock.

Since February 28, 2017, it had 0 buys, and 1 sale for $24,860 activity.

Last modified onThursday, 03 August 2017 21:04