August 11, 2018 – By Robert Shackelford

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Logo

Commerce Bank decreased its stake in Maxim Integrated Prods Inc (MXIM) by 46.15% based on its latest 2018Q1 regulatory filing with the SEC. Commerce Bank sold 5,676 shares as the company’s stock declined 5.34% with the market. The institutional investor held 6,623 shares of the technology company at the end of 2018Q1, valued at $399,000, down from 12,299 at the end of the previous reported quarter. Commerce Bank who had been investing in Maxim Integrated Prods Inc for a number of months, seems to be less bullish one the $17.17B market cap company. The stock decreased 2.66% or $1.68 during the last trading session, reaching $61.38. About 1.13M shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 23.96% since August 11, 2017 and is uptrending. It has outperformed by 11.39% the S&P500. Some Historical MXIM News: 09/03/2018 – ROYALTY FLOW: MAXIM GROUP ADDED AS LEAD MANAGING SELLING AGENT; 03/04/2018 – /C O R R E C T I O N — Maxim Integrated Products, Inc./; 26/04/2018 – MAXIM INTEGRATED PRODUCTS INC – COMPANY’S 90-DAY BACKLOG AT BEGINNING OF JUNE 2018 QUARTER WAS $436 MLN; 08/05/2018 – Maxim Power Corp. Provides Investor Update; 21/03/2018 – Maxim’s Himalaya uSLIC Solution, the Industry’s Smallest Power Modules, Revolutionizes Design for Highly Space-Constrained Appl; 26/04/2018 – MAXIM INTEGRATED 3Q NET REV. $649M, EST. $640.5M; 26/04/2018 – Maxim Integrated Sees 4Q Rev $610M-$650M; 15/03/2018 – Maxim Power 4Q Loss/Shr C$0.23; 03/04/2018 – /C O R R E C T l O N — Maxim Integrated Products, Inc./; 25/04/2018 – Payment Data Systems Coverage Assumed by Maxim Group at Buy

Pictet North America Advisors Sa increased its stake in Home Depot Inc (HD) by 6.78% based on its latest 2018Q1 regulatory filing with the SEC. Pictet North America Advisors Sa bought 4,384 shares as the company’s stock declined 0.85% with the market. The institutional investor held 69,044 shares of the consumer services company at the end of 2018Q1, valued at $12.31 million, up from 64,660 at the end of the previous reported quarter. Pictet North America Advisors Sa who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $203.18B market cap company. The stock decreased 0.79% or $1.4 during the last trading session, reaching $176.26. About 4.44 million shares traded or 10.70% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since August 11, 2017 and is uptrending. It has outperformed by 6.85% the S&P500. Some Historical HD News: 25/04/2018 – WKBT News 8: BREAKING: A Dallas police officer died today after a Home Depot shooting yesterday; 15/05/2018 – Home Depot has been benefiting from a strong housing market and favorable economic tailwinds; 17/05/2018 – Home Depot’s (HD) CEO Craig Menear Hosts 2018 Annual Shareholder Meeting (Transcript); 15/05/2018 – Home Depot Backs View of FY18 EPS Up About 28%; 24/04/2018 – KCTV5 News: #BREAKING: Two Dallas police officers shot, critically wounded at Home Depot -; 19/04/2018 – Home Depot is launching its biggest tech hiring spree ever to protect its lead over Amazon:; 24/04/2018 – KYTX CBS19: Sources: 2 Dallas PD officers, 1 security guard shot at Home Depot in north Dalla; 08/03/2018 – Naples Daily News: Exclusive: Home Depot to donate $50M to train construction workers, address severe shortage; 24/04/2018 – NBC 10 WJAR: #BREAKING: Two officers, one civilian shot at Home Depot in #Dallas; 25/04/2018 – KXAN News: #BREAKING: #Dallas Officer Rogelio Santander has died from his injuries. The other officer and Home Depot

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.46, from 1.35 in 2017Q4. It fall, 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. Strs Ohio stated it has 0.01% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). 19,602 are held by Cap Counsel Lc. British Columbia Invest Mngmt Corp accumulated 105,796 shares. Peregrine Asset Advisers Inc owns 0.17% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 5,000 shares. 20,080 are owned by Lpl Limited Company. Trillium Asset Mngmt reported 0.77% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Aviance Cap Mngmt Limited has invested 0% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Cipher Capital LP holds 66,815 shares or 0.49% of its portfolio. Citigroup accumulated 0.03% or 673,772 shares. Connor Clark And Lunn Invest Limited holds 15,700 shares or 0.01% of its portfolio. Putnam Investments Ltd Liability Co stated it has 388,618 shares. American International Group Inc invested 0.01% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Gam Holdings Ag accumulated 4,134 shares. First Quadrant Lp Ca has invested 0.38% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Legg Mason Asset Mgmt (Japan) Co Limited holds 0.66% or 15,400 shares in its portfolio.

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on October, 18. They expect $0.75 EPS, up 25.00% or $0.15 from last year’s $0.6 per share. MXIM’s profit will be $209.76 million for 20.46 P/E if the $0.75 EPS becomes a reality. After $0.73 actual EPS reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts 2.74% EPS growth.

Among 31 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 15 Hold. Therefore 48% are positive. Maxim Integrated Products Inc. had 94 analyst reports since July 24, 2015 according to SRatingsIntel. Sterne Agee CRT initiated Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating on Wednesday, September 9. Sterne Agee CRT has “Buy” rating and $40 target. As per Friday, October 20, the company rating was maintained by Morgan Stanley. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Buy” rating given on Thursday, May 25 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, January 27. The company was maintained on Friday, October 21 by Drexel Hamilton. The company was maintained on Friday, October 20 by Stifel Nicolaus. The company was maintained on Thursday, October 22 by RBC Capital Markets. As per Friday, June 16, the company rating was maintained by Raymond James. Drexel Hamilton maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating on Friday, July 21. Drexel Hamilton has “Buy” rating and $5200 target. Credit Suisse maintained it with “Neutral” rating and $53 target in Friday, October 20 report.

Commerce Bank, which manages about $7.58 billion US Long portfolio, upped its stake in Jpmorgan Chase & Co (AMJ) by 198,568 shares to 3.57 million shares, valued at $85.62 million in 2018Q1, according to the filing. It also increased its holding in V F Corp (NYSE:VFC) by 10,589 shares in the quarter, for a total of 162,186 shares, and has risen its stake in Kimberly Clark Corp (NYSE:KMB).

Since February 16, 2018, it had 0 buys, and 19 sales for $7.38 million activity. Wright Mary Ann sold $25,304 worth of stock. Preeshl Bryan sold 3,607 shares worth $221,227. On Friday, February 16 the insider Gagneja Sumeet sold $22,214. $622,703 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by KIDDOO BRUCE E. BRONSON JOSEPH R sold $270,407 worth of stock. Shares for $103,888 were sold by Jain Vivek.

More recent Maxim Integrated Products, Inc. (NASDAQ:MXIM) news were published by: Investorplace.com which released: “5 Silicon Valley Stocks to Buy as Tech Juggernauts Roll On” on August 07, 2018. Also Seekingalpha.com published the news titled: “Maxim Integrated Products (MXIM) Q4 2018 Results – Earnings Call Transcript” on July 26, 2018. Seekingalpha.com‘s news article titled: “Big Week Of Earnings For Chip Sector: Which Companies Are Set Up For The Biggest Moves” with publication date: July 23, 2018 was also an interesting one.

Pictet North America Advisors Sa, which manages about $2.65B and $664.11 million US Long portfolio, decreased its stake in Spdr Index Shs Fds (FEZ) by 59,805 shares to 122,300 shares, valued at $4.93 million in 2018Q1, according to the filing. It also reduced its holding in Vaneck Vectors Etf Tr by 41,456 shares in the quarter, leaving it with 461,849 shares, and cut its stake in Ishares Tr (EFA).

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 121 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, November 18 with “Outperform”. Vetr downgraded the shares of HD in report on Saturday, August 29 to “Buy” rating. The firm has “Sell” rating given on Monday, August 17 by Zacks. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Deutsche Bank on Monday, January 25. RBC Capital Markets maintained it with “Buy” rating and $179.0 target in Monday, October 30 report. On Wednesday, February 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. Citigroup maintained The Home Depot, Inc. (NYSE:HD) on Thursday, November 16 with “Buy” rating. BMO Capital Markets maintained the shares of HD in report on Friday, December 15 with “Buy” rating. Telsey Advisory Group maintained The Home Depot, Inc. (NYSE:HD) rating on Monday, December 7. Telsey Advisory Group has “Outperform” rating and $148 target. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, August 16.

More important recent The Home Depot, Inc. (NYSE:HD) news were published by: Forbes.com which released: “Strong Economy Bodes Well For Home Depot In The Second Quarter” on August 10, 2018, also Fool.com published article titled: “Can Lockers Boost Home Depot’s Online Sales?”, Seekingalpha.com published: “Home Depot Appears Softer Than It Should Be” on August 06, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) was released by: Seekingalpha.com and their article: “Home Depot Has An Unattractive Risk-Reward Profile” with publication date: August 06, 2018.

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

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