MXIM Maxim Integrated Products

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.
Company profile
Ticker
MXIM
Exchange
Website
CEO
Tunc Doluca
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
942896096
MXIM stock data
()
News
EU Antitrust Regulators To Unconditionally Approve Analog-Maxim Acquisition: Reuters
26 Mar 21
US Patent Office Rejects Monolithic Power Systems' Challenges To Volterra Coupled Inductor Patents
24 Mar 21
Recap: Maxim Integrated Products Q2 Earnings
26 Jan 21
Maxim Integrated Products Q2 EPS $0.73 Beats $0.68 Estimate, Sales $628.29M Beat $604.46M Estimate
26 Jan 21
A Look Into Maxim Integrated Products Price Over Earnings
26 Jan 21
Press releases
Maxim Integrated To Announce Fiscal Third Quarter 2021 Results
5 Apr 21
B-Secur Delivers Powerful ECG Algorithms and Analytics with Maxim Integrated's Electrocardiogram Biometric Sensor Hub to Speed Time to Market
25 Mar 21
Maxim Integrated Synchronous DC-DC Inverting Converters Reduce Component Count by Half for Industrial Automation and Signal Conditioning Solutions
22 Mar 21
Maxim's Essential Analog Efficient Power ICs Offer the Industry's Lowest Quiescent Current to Extend Battery Life for Consumer, Industrial, Healthcare and IoT Designs
15 Mar 21
Maxim Integrated Presents Game-Changing Technology at embedded world DIGITAL 2021
23 Feb 21
Calendar
27 Jan 21
17 Apr 21
26 Jun 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) |
Jun 20 | Jun 19 | Jun 18 | Jun 17 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 21 | Tunc Doluca | Common Stock | Sell | Dispose S | Yes | Yes | 93.9063 | 7,000 | 657.34K | 229,481 |
1 Apr 21 | Tunc Doluca | Common Stock | Sell | Dispose S | Yes | Yes | 93.9093 | 7,000 | 657.37K | 1,013,409 |
1 Mar 21 | Tunc Doluca | Common Stock | Sell | Dispose S | Yes | No | 94.2417 | 7,000 | 659.69K | 236,481 |
1 Mar 21 | Tunc Doluca | Common Stock | Sell | Dispose S | Yes | No | 94.238 | 7,000 | 659.67K | 1,020,409 |
19 Feb 21 | Imperato Jon | Common Stock | Sell | Dispose S | No | No | 97.74 | 1,251 | 122.27K | 51,021 |
16 Feb 21 | White Brian C | Common Stock | Payment of exercise | Dispose F | No | No | 96.22 | 2,504 | 240.93K | 114,700 |
16 Feb 21 | Edwin Medlin | Common Stock | Payment of exercise | Dispose F | No | No | 96.22 | 66 | 6.35K | 66,412 |
16 Feb 21 | Edwin Medlin | Common Stock | Payment of exercise | Dispose F | No | No | 96.22 | 310 | 29.83K | 66,478 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
84.2% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 603 |
Opened positions | 91 |
Closed positions | 58 |
Increased positions | 173 |
Reduced positions | 253 |
13F shares |
Current |
---|---|
Total value | 20B |
Total shares | 225.58M |
Total puts | 266.67K |
Total calls | 396.6K |
Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 30.04M | $2.66B |
TROW T. Rowe Price | 25.85M | $2.29B |
BLK Blackrock | 21.65M | $1.92B |
STT State Street | 14.73M | $1.31B |
Pentwater Capital Management | 9M | $797.85M |
IVZ Invesco | 8.54M | $757.46M |
Geode Capital Management | 4.67M | $413.19M |
AMP Ameriprise Financial | 3.21M | $285.48M |
Norges Bank | 3.16M | $280.3M |
NTRS Northern Trust | 2.98M | $264.3M |
Financial report summary
?Competition
Analog Devices • Echelon • Semtech • Texas Instruments • Exar • Cirrus Logic • Silicon Laboratories • O2 Micro International • Monolithic Power System • MaxLinearRisks
- The announcement and pending agreement to merge with Analog Devices may adversely affect our business, financial condition, results of operations, and stock price.
- Any failure of the pending ADI Merger to be completed may adversely affect our business, financial condition, results of operations, and stock price.
- The ongoing novel coronavirus ("COVID-19") pandemic and the mitigation efforts by governments to attempt to control its spread have negatively impacted and could have a material adverse effect on our business, financial condition, and results of operations.
- The sale of our products and our results of operations are dependent upon demand from the end markets of our customers, which is cyclical.
- Our operating results may be adversely affected by unfavorable economic and market conditions.
- Incorrect forecasts, reductions, cancellations or delays in orders for our products and volatility in customer demand could adversely affect our results of operations.
- We may experience difficulties implementing our new global execution system, which may adversely affect our ability to effectively supply products to our customers.
- Our global operations subject us to risks associated with changes in trade policies, including international trade disputes, and domestic or international political, social, economic or other conditions.
- Our manufacturing operations may be interrupted or suffer yield problems.
- Our operating results may be adversely affected by our inability to timely develop new products through our research and development efforts. We may be unsuccessful in developing and selling new products necessary to maintain or expand our business.
- The loss of, or substantial reduction in sales to, any of our large customers could have a material adverse effect on our business, financial condition, and results of operations.
- Our critical information systems are subject to cyber-attacks, data breaches, interruptions, and failures.
- Our dependence on subcontractors for assembly, test, freight, wafer fabrication and logistic services and certain manufacturing services may cause delays beyond our control in delivering products to our customers.
- Our financial results may be adversely affected by increased tax rates and exposure to additional tax liabilities.
- Our independent distributors and sales representatives may underperform relative to our expectations, terminate their relationship with us or fail to make payments on outstanding accounts receivable to us, which would adversely affect our financial results.
- We may be liable for additional production costs and lost revenues to certain customers with whom we have entered into customer supply agreements if we are unable to meet certain product quantity and quality requirements.
- Our results of operations could be adversely affected by warranty claims and product liability.
- If we fail to attract and retain qualified personnel, our business may be harmed.
- If we fail to enter into future vendor managed inventory arrangements or fail to supply the specific product or quantity under such arrangements, the results of our operations and financial condition may be materially adversely impacted.
- We may be unable to adequately protect our proprietary rights, which may impact our ability to compete effectively.
- We may suffer losses and business interruption if our products infringe the intellectual property rights of others.
- We may experience losses related to intellectual property indemnity claims.
- Shortage of raw materials or supply disruption of such raw materials could harm our business
- Our products may fail to meet new industry standards or requirements and the efforts to meet such industry standards or requirements could be costly.
- We may pursue acquisitions and investments that could harm our operating results and may disrupt our business.
- Our operating results may be adversely affected by increased competition and consolidation of competitors in our market.
- Extensions in lead-time for delivery of products could adversely affect our future growth opportunities and results of operations.
- We are subject to a variety of domestic and international laws and regulations that could impose substantial costs on us and may adversely affect our business.
- Our stock price may be volatile.
- Our quarterly operating results may fluctuate, which could adversely impact our common stock price.
- Environmental, safety and health laws and regulations could force us to expend significant capital and incur substantial costs.
- Material impairments of our goodwill and intangible assets could adversely affect our results of operations.
- Business interruptions from natural disasters could harm our ability to produce products.
- Our financial condition, operations and liquidity may be materially adversely affected in the event of a catastrophic loss for which we are self-insured.
- We may be materially adversely affected by currency fluctuations.
- Our debt covenants may limit us from engaging in certain transactions or other activities.
- Exiting certain product lines or businesses, or restructuring our operations, may adversely affect certain customer relationships and produce results that differ from our intended outcomes.
- Our certificate of incorporation contains certain anti-takeover provisions that may discourage, delay or prevent a hostile change in control of our Company.
Management Discussion
- Net revenues were $628.3 million and $551.1 million for the three months ended December 26, 2020 and December 28, 2019, respectively. Revenue from automotive products was up 30% driven by an increased demand for infotainment, safety and security, and powertrain products. Revenue from industrial products was up 19% driven by an increased demand for medical, and control and automation products. Revenue from consumer products was up 13% driven by an increased demand for handheld and other consumer products, partially offset by a decrease in wearable products.
- Net revenues were $1.2 billion and $1.1 billion for the six months ended December 26, 2020 and December 28, 2019, respectively. Revenue from automotive products was up 22% driven by increased demand for powertrain, safety and security, and infotainment products. Revenue from industrial products was up 19% driven by increased demand for control and automation, automatic test equipment and medical products. Revenue from communications and data products was up 10% due to increased demand for notebook computers and data center products.
- During each of the six months ended December 26, 2020 and December 28, 2019, approximately 90% of net revenues were derived from customers outside of the United States. While less than 2% of our sales are denominated in currencies other than U.S. dollars, we enter into foreign currency forward contracts to mitigate our risks on firm commitments and net monetary
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
Additionally, calendar, copy, corrected, discontinued, error, handheld, hereto, infotainment, Restated, RSU, typographical, wearable
Removed:
arrangement, base, station
Financial reports
10-Q
2021 Q2
Quarterly report
27 Jan 21
10-Q
2021 Q1
Quarterly report
28 Oct 20
10-K
2020 FY
Annual report
19 Aug 20
10-Q
2020 Q3
Quarterly report
29 Apr 20
10-Q
2020 Q2
Quarterly report
29 Jan 20
10-Q
2020 Q1
Quarterly report
30 Oct 19
10-K
2019 FY
Annual report
21 Aug 19
10-Q
2019 Q3
Quarterly report
30 Apr 19
10-Q
2019 Q2
Quarterly report
1 Feb 19
10-Q
2019 Q1
Quarterly report
1 Nov 18
Current reports
8-K
Maxim Integrated Reports Results for the Second Quarter of Fiscal 2021
26 Jan 21
8-K
Departure of Directors or Certain Officers
17 Dec 20
8-K
Submission of Matters to a Vote of Security Holders
10 Nov 20
8-K
Maxim Integrated Reports Results for the First Quarter of Fiscal 2021
27 Oct 20
8-K
Analog Devices and Maxim Integrated Shareholders Approve Combination
8 Oct 20
8-K
Other Events
30 Sep 20
8-K
Other Events
29 Sep 20
8-K
Departure of Directors or Certain Officers
8 Sep 20
8-K
Other Events
24 Aug 20
8-K
Maxim Integrated Reports Results for the Fourth Quarter of Fiscal 2020
28 Jul 20
Registration and prospectus
425
Business combination disclosure
30 Sep 20
425
Business combination disclosure
30 Sep 20
425
Business combination disclosure
29 Sep 20
425
Business combination disclosure
29 Sep 20
425
Business combination disclosure
10 Sep 20
425
Business combination disclosure
26 Aug 20
425
Business combination disclosure
24 Aug 20
425
Business combination disclosure
24 Aug 20
425
Business combination disclosure
20 Aug 20
425
Business combination disclosure
20 Aug 20
Proxies
DEFA14A
Additional proxy soliciting materials
28 Sep 20
DEF 14A
Definitive proxy
28 Sep 20
DEFM14A
Proxy related to merger
4 Sep 20
DEFA14A
Additional proxy soliciting materials
27 Sep 19
DEF 14A
Definitive proxy
27 Sep 19
DEFA14A
Additional proxy soliciting materials
28 Sep 18
DEF 14A
Definitive proxy
28 Sep 18
DEF 14A
Definitive proxy
28 Sep 17
DEFA14A
Additional proxy soliciting materials
28 Sep 17
DEFA14A
Additional proxy soliciting materials
29 Sep 16
Other
SD
Conflict minerals disclosure
22 May 20
UPLOAD
Letter from SEC
24 Feb 20
CORRESP
Correspondence with SEC
17 Feb 20
UPLOAD
Letter from SEC
5 Feb 20
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
23 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
30 May 16
UPLOAD
Letter from SEC
26 May 16
CT ORDER
Confidential treatment order
22 May 16
Ownership
4
MAXIM INTEGRATED PRODUCTS / TUNC DOLUCA ownership change
5 Apr 21
4
MAXIM INTEGRATED PRODUCTS / TUNC DOLUCA ownership change
3 Mar 21
4
MAXIM INTEGRATED PRODUCTS / Jon Imperato ownership change
23 Feb 21
4
MAXIM INTEGRATED PRODUCTS / Mary Ann Wright ownership change
18 Feb 21
4
MAXIM INTEGRATED PRODUCTS / Jon Imperato ownership change
18 Feb 21
4
MAXIM INTEGRATED PRODUCTS / EDWIN MEDLIN ownership change
18 Feb 21
4
MAXIM INTEGRATED PRODUCTS / BRIAN C WHITE ownership change
18 Feb 21
SC 13G/A
MAXIM INTEGRATED PRODUCTS / PRICE T ROWE ASSOCIATES ownership change
15 Feb 21
4
MAXIM INTEGRATED PRODUCTS / Bryan Preeshl ownership change
11 Feb 21
SC 13G
MAXIM INTEGRATED PRODUCTS / STATE STREET ownership change
10 Feb 21
Patents
GRANT
Utility
Driver for high speed laser diode
6 Apr 21
Various embodiments of a laser driver are described herein.
GRANT
Utility
Multi-transistor device including first and second LDMOS transistors having respective drift regions separated in a thickness direction by a shared RESURF layer
30 Mar 21
A multi-transistor device includes first and second lateral double-diffused metal-oxide-semiconductor field effect (LDMOS) transistors sharing a first p-type reduced surface field (RESURF) layer and a first drain n+ region.
APP
Utility
Acoustic Approximation For Determining Excursion Limits In Speakers
25 Mar 21
A speaker excursion characterizing system for a speaker includes a signal generator configured to generate a signal at a plurality of different amplitudes.
GRANT
Utility
Digital pulse width modulation driver system
16 Mar 21
A digital pulse width modulation driver system and method can include: receiving input digital data with a digital signal processing chip on a device; converting the input digital data into pulse width modulated data; generating an amplitude signal with the digital signal processing chip; transmitting the amplitude signal and the pulse width modulated data from a transmit interface within the device to a receive interface within an analog driver chip; and amplifying the pulse width modulated data with a driver coupled to a high voltage rail based on the amplitude signal corresponding to the high voltage rail, or amplifying the pulse width modulated data with the driver coupled to a low voltage rail based on the amplitude signal corresponding to the low voltage rail.
APP
Utility
Measurement System with Controlled Pressure Ramp
11 Mar 21
A measurement system and method of manufacture can include: a pressure resistant structure; a pressure inducer coupled to the pressure resistant structure, the pressure inducer having an engaged configuration, the engaged configuration of the pressure inducer increasing pressure exerted on a portion of a user in contact with the pressure resistant structure; a light source coupled to the pressure resistant structure; an optical sensor coupled to the pressure resistant structure and configured to detect a signal from the light source; a pressure sensor coupled to the pressure resistant structure, the pressure sensor configured to detect the pressure exerted on the portion of the user in contact with the pressure inducer; and a processor coupled to the optical sensor and the pressure sensor, the processor configured to correlate volumetric data from the optical sensor with pressure data from the pressure sensor and to provide a blood pressure measurement.
Transcripts
2020 Q3
Earnings call transcript
28 Apr 20
2020 Q2
Earnings call transcript
28 Jan 20
2020 Q1
Earnings call transcript
29 Oct 19
2019 Q4
Earnings call transcript
30 Jul 19
2019 Q3
Earnings call transcript
30 Apr 19
2019 Q2
Earnings call transcript
29 Jan 19
2019 Q1
Earnings call transcript
30 Oct 18
2018 Q4
Earnings call transcript
26 Jul 18
2018 Q3
Earnings call transcript
26 Apr 18
2018 Q2
Earnings call transcript
25 Jan 18
Reddit threads
Looking for another chip company
16 Mar 21
Vlad's testimony in a nutshell
19 Feb 21
stocks I like - for the hedge funds buying tech to track this
19 Feb 21
PLTR 440k YOLO - Holding since November and now loaded up on LEAPS 🚀
19 Feb 21
Palantir (PLTR) & What It Does
19 Feb 21
PLTR up 7% premarket. Also, the number of wsb comments on a stock relative to GME comments is apparently an analyst metric. 🍌
19 Feb 21
Semiconductor shortage in auto industry - investing opps in semiconductor companies
5 Feb 21
Anyone investing ADI (analog devices) here?
29 Jan 21
Daily Discussion Thread - January 25th, 2021
25 Jan 21