The SVP, Chief Legal, Admin, Compl of Maxim Integrated is Exercising Options

By Carrie Williams

Today it was reported that the SVP, Chief Legal, Admin, Compl of Maxim Integrated (MXIMResearch Report), Edwin Medlin, exercised options to sell 22,500 MXIM shares at $28.16 a share, for a total transaction value of $1.34M.

In addition to Edwin Medlin, 8 other MXIM executives reported Sell trades in the last month.

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The company has a one-year high of $65.73 and a one-year low of $46.64. MXIM’s market cap is $16.22B and the company has a P/E ratio of 20.03. The Company has a Price to Book ratio of 8.7790.

The insider sentiment on Maxim Integrated has been negative according to 89 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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.