Both Are Now Fairly Valued: Maxim Integrated Products, Inc. (MXIM) and Lockheed Martin Corporation (LMT)

On Sep 12, MEDLIN EDWIN, SVP, Chief Legal, Admin, Compl exercised an option 17,500 shares of Maxim Integrated Products, Inc. (NASDAQ:MXIM), with the average selling price of the stock being $28.16 per share. The total amount realized from this exercised an option $492,800. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, PRESIDENT, CEO & DIRECTOR – DOLUCA TUNC sold an extra 4,000 shares of this stock in a transaction that took place a day before, on Sep 12, with a share sold at an average of $60.00 and a total of $240,000 was realized from this transaction. After the transaction, the PRESIDENT, CEO & DIRECTOR – DOLUCA TUNC was left with 1,340,652 shares of the company’s stock, which is currently worth around $80439120.0.

The recent price movement of MXIM means that it is now down by -13.54% from its 52-week high and 21.85% up against its 52-week low prices. Over the past one week, the price volatility of MXIM stands at 2.73% while the volatility over the past one month is 2.11%. The beta score for this stock is 1.40. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company published its latest quarterly earnings, with the report showing that the company recorded 0.75 earnings per share (EPS) during that period. This report was met the expectations of analysts of 0.75 by 0. The revenue by the firm was 531.03M for the quarter.

The shares of Maxim Integrated Products, Inc. (MXIM) dropped by -1.86%, leading to a loss of -$1.08 per share, and saw MXIM end the trading session at $56.83 on Tuesday 10/01/19. MXIM started the trading session at $58.04, before reaching a daily high of $59.06. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $56.63.

The trading volume on Tuesday stood at 1,442,290, which was below the stock’s 3-month average volume of 1.66 million shares, out of a total 269.15M shares. As the price of the stock dipped, the market valuation of the company dropped to 15.72 billion.

The shares of Lockheed Martin Corporation (NYSE:LMT) went down by -1.50% by the end of the recent trading session. This movement saw its price plunge to close at $384.19, which was lower than the previous closing price of $390.06. Over the past one week, the price of LMT has slipped by -1.28%, while it has recorded a gain of 0.02% over the past one month. Its three-month performance saw LMT gain 4.52% while its six-month performance saw it surge by 26.75%. The situation is different though over the past one year, as the stock price went up by 11.05%, while its year-to-date (YTD) price performance jumped by 46.73%. The stock price has gone up by +9.52% compared to its 90-day low, while it is down -3.94% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 1,111,885 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,069,850 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see LMT stock with a 100-Day average volume of 1,146,775 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves LMT with an average rating of 80% Buy.

Several brokerage firms sent out their reports LMT stock not long ago. In its report sent out on Apr-24-19, BofA/Merrill lowered its ratings on LMT to a Buy. In an earlier report on Jan-10-19, Susquehanna Initiated the stock to a Positive. Morgan Stanley meanwhile in its report on Jan-10-19 Downgrade its rating of the stock from a “Equal-Weight” to “Equal-Weight”.

In related news to the company’s stock, around 80.00% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1697 institutions currently hold the LMT stock. In the last quarter, a 225,140,100 LMT shares were in the possession of institutions. On the other hand, the company recorded 180 new institutions who bought it their stock, while 78 institutions sold their entire LMT reserve. Of the current institutions investing in the stock, 821 increased their investment while 662 decreased their investment in the stock.