Company profile

Ticker
MXIM
Exchange
CEO
Tunç Doluca
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
942896096

MXIM stock data

(
)

Calendar

29 Apr 20
7 Jul 20
27 Jun 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 561.92M 551.07M 533.04M 556.55M
Net income 161.19M 146.05M 140.16M 367.56M
Diluted EPS 0.59 0.53 0.51 1.33
Net profit margin 28.69% 26.50% 26.29% 66.04%
Operating income 183.35M 169.06M 156M 173.57M
Net change in cash -81.53M 25M -62.15M 102.78M
Cash on hand 1.64B 1.72B 1.7B 1.76B
Cost of revenue 195.48M 190.55M 189.72M 200.15M
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 2.31B 2.48B 2.3B 2.19B
Net income 827.49M 467.32M 571.61M 227.48M
Diluted EPS 2.97 1.64 1.98 0.79
Net profit margin 35.75% 18.84% 24.90% 10.36%
Operating income 747.1M 833.45M 694.78M 313.85M
Net change in cash 213.86M -702.64M 140.89M 0
Cash on hand 1.76B 1.54B 2.25B 2.11B
Cost of revenue 813.82M 853.95M 849.14M 950.33M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Tunc Doluca Common Stock Sell Dispose S Yes 60.2242 16,500 993.7K 1,279,920
9 Jun 20 Jain Vivek Common Stock Sell Dispose S No 60.5344 3,849 233K 45,114
9 Jun 20 Jain Vivek Common Stock Sell Dispose S No 60.5393 453 27.42K 48,963
5 Jun 20 Tunc Doluca Common Stock Sell Dispose S Yes 62 10,000 620K 1,296,420
3 Jun 20 Tunc Doluca Common Stock Sell Dispose S Yes 60 10,000 600K 1,306,420
1 Jun 20 Tunc Doluca Common Stock Sell Dispose S Yes 57.7338 14,000 808.27K 1,316,420
89.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 512 541 -5.4%
Opened positions 59 80 -26.3%
Closed positions 88 55 +60.0%
Increased positions 182 238 -23.5%
Reduced positions 204 139 +46.8%
13F shares
Current Prev Q Change
Total value 11.59B 15.01B -22.8%
Total shares 238.33M 243.96M -2.3%
Total puts 487.5K 661.5K -26.3%
Total calls 808.3K 675.7K +19.6%
Total put/call ratio 0.6 1.0 -38.4%
Largest owners
Shares Value Change
Vanguard 33.71M $1.64B +3.2%
N Price T Rowe Associates 31.13M $1.51B +8.1%
BLK BlackRock 22.96M $1.12B +4.4%
STT State Street 11.75M $571.17M +0.7%
BK Bank Of New York Mellon 11.5M $558.98M -2.3%
IVZ Invesco 9.7M $471.3M -1.0%
Dodge & Cox 8.53M $414.67M -3.5%
American Century Companies 8.15M $396.37M -8.2%
Geode Capital Management 5.22M $253.43M +1.4%
WFC Wells Fargo & Company 4.96M $241.04M -3.5%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -2.88M EXIT
Wellington Management 2.15M -2.47M -53.5%
N Price T Rowe Associates 31.13M +2.34M +8.1%
Parnassus Investments 1.61M +1.61M NEW
Point72 Asset Management 432.1K -1.44M -76.9%
AMP Ameriprise Financial 1.85M -1.33M -41.8%
Vanguard 33.71M +1.06M +3.2%
Renaissance Technologies 0 -1.03M EXIT
BLK BlackRock 22.96M +959.48K +4.4%
Ardevora Asset Management 0 -869.78K EXIT

Financial report summary

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Risks
  • The sale of our products and our results of operations are dependent upon demand from the end markets of our customers, which is cyclical.
  • 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 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.
  • 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 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.
  • Our manufacturing operations may be interrupted or suffer yield problems.
  • 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 critical information systems are subject to cyber-attacks, data breaches, interruptions, and failures.
  • 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.
  • 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.
  • 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.
  • Our financial results may be adversely affected by increased tax rates and exposure to additional tax liabilities.
  • Our operating results may be adversely affected by unfavorable economic and market conditions.
  • Shortage of raw materials or supply disruption of such raw materials could harm our business.
  • 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 products may fail to meet new industry standards or requirements and the efforts to meet such industry standards or requirements could be costly.
  • 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 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.
  • We may pursue acquisitions and investments that could harm our operating results and may disrupt our business.
  • Material impairments of our goodwill or intangible assets could adversely affect our results of operations.
  • Our debt covenants may limit us from engaging in certain transactions or other activities.
  • 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.
  • 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 stock price may be volatile.
  • 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
  • The COVID-19 pandemic has impacted and will continue to impact the Company’s operations, employees, customers, and suppliers, due to shelter-in-place orders, mandated quarantines, reduced facility operations, and travel bans and restrictions. While the operating results for the fourth quarter of fiscal year 2020 and thereafter may be impacted by COVID-19, the extent and form of such impact to our business is uncertain and cannot be estimated with any degree of certainty.
  • During the last month of the fiscal quarter, the Company's facilities and offices were either operating at reduced capacity or temporarily closed for non-essential operations. In an effort to protect the health and safety of our employees, we implemented safety measures such as work-from-home practices, travel restrictions, extensive cleaning protocols, and social distancing when engaging in essential activities.
  • We continue to work with our sales, supplier, and customer design and engineering teams to meet current demand. Teams meet remotely, through telephonic or video conferences and by leveraging available technology, to continue the design and engineering process that would normally take place at physical customer locations.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: accurately, adverse, air, alter, attempt, aware, border, capacity, chain, channel, cleaning, conduct, conformity, constantly, counter, delay, directly, disrupt, Disruption, distancing, doubtful, ease, effort, engineering, evolving, extent, factor, fixed, flat, fourth, governmental, heading, health, heightening, implement, implemented, indefinite, indirectly, knowledge, leveraging, local, mandated, medical, monitor, month, national, negative, negatively, occur, pandemic, port, previously, professional, protect, remotely, situation, social, spread, supplier, supply, support, telephonic, temporarily, transport, transportation, unable, unfavorable, unpredictable, workforce, worldwide
Removed: description, personnel

Patents

APP
Utility
Systems and Methods for Polarization Control Using Blind Source Separation
25 Jun 20
Analog signal processing systems and methods manage polarization in coherent optical receivers to eliminate the need for ultra-fast, power-hungry ADCs and DSPs and that require digitization of the full-bandwidth signal path and result in bulky and expensive circuit designs.
GRANT
Utility
Logic level shifter interface between power domains
16 Jun 20
A logic level shifter interface including a string of logic components communicating between a first power domain and a second power domain; a first string of resistive components connecting a first power rail of the first power domain to a first power rail of the second power domain and having a plurality of intermediate first power rails at nodes between adjacent resistive components of the first string of resistive components; and a second string of resistive components connecting a second power rail of the first power domain to a second power rail of the second power domain and having a plurality of intermediate second power rails at nodes between adjacent resistive components of the second string of resistive components, where at least one logic component is powered by an intermediate first power rail of the first string of resistive components and an intermediate second power rail of the second string of resistive components.
GRANT
Utility
Linear voltage regulators and associated methods
9 Jun 20
A linear voltage regulator includes a series-pass element electrically coupled between an input node and an output node, current sense circuitry configured to generate a current sense signal representing at least magnitude of current flowing through the series-pass element, and control circuitry.
GRANT
Utility
Tamper detection countermeasures to deter physical attack on a security ASIC
9 Jun 20
Various embodiments of the present invention relates generally to an integrated circuit, and more particularly, to systems, devices and methods of incorporating a tamper detection countermeasure into a security ASIC to deter physical attacks.
GRANT
Utility
Systems and methods for polarization control using blind source separation
9 Jun 20
Analog signal processing systems and methods manage polarization in coherent optical receivers to eliminate the need for ultra-fast, power-hungry ADCs and DSPs and that require digitization of the full-bandwidth signal path and result in bulky and expensive circuit designs.