A Director at Maxim Integrated is Exercising Options


Today it was reported that a Director at Maxim Integrated (MXIM), James Bergman, exercised options to sell 14,210 MXIM shares at $27.88 a share, for a total transaction value of $802.2K.

Following James Bergman’s last MXIM Sell transaction on November 20, 2018, the stock climbed by 3.1%. In addition to James Bergman, one other MXIM executive reported Sell trades in the last month.

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MXIM’s market cap is $15B and the company has a P/E ratio of 21.68. Currently, Maxim Integrated has an average volume of 1.91M. The Company has a Price to Book ratio of 8.5427.

One of the top 25 analysts, according to TipRanks.com, recently recommended Hold MXIM. Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $52.83, reflecting a -3.5% downside.

The insider sentiment on Maxim Integrated has been negative according to 101 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

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Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of linear and mixed-signal integrated circuits. Its products include integrated power circuits, amplifiers, data converters, analog filters, transceivers, expanders, level translators, broadband switches, powerline communications, microcontrollers, data loggers, solar energy, and automotive. The company was founded by Jack F. Gifford in 1983 and is headquartered in San Jose, CA.

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