Bruce Kiddoo Sold $622,703 Worth of Maxim Integrated Products, Inc. (MXIM) Shares; Rait Financial Trust Newhares of Benefici (RAS) SI Decreased By 22.08%

February 23, 2018 - By Henry Gaston

At average stock price per share of $62.3, Bruce Kiddoo, the Maxim Integrated Products Inc’s SENIOR VP and CFO sold 10,000 shares of Maxim Integrated Products Inc worth about $622,703 USD. In the last 30 days, he also unloaded 25,000 shares worth approximately $1,555,775 USD. The odds that the trade remains undiscovered are quite small due to the enormous amount of money involved. Currently, Bruce Kiddoo owns 97,138 shares which are roughly 0.03% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Rait Financial Trust Newhares of Benefici (NYSE:RAS) had a decrease of 22.08% in short interest. RAS’s SI was 2.35M shares in February as released by FINRA. Its down 22.08% from 3.01 million shares previously. With 1.46 million avg volume, 2 days are for Rait Financial Trust Newhares of Benefici (NYSE:RAS)’s short sellers to cover RAS’s short positions. The SI to Rait Financial Trust Newhares of Benefici’s float is 2.8%. The stock decreased 3.13% or $0.0065 during the last trading session, reaching $0.2015. About 1.99M shares traded or 52.61% up from the average. RAIT Financial Trust (NYSE:RAS) has declined 22.26% since February 23, 2017 and is downtrending. It has underperformed by 38.96% the S&P500.

Investors sentiment decreased to 0.47 in 2017 Q3. Its down 0.57, from 1.04 in 2017Q2. It fall, as 30 investors sold RAIT Financial Trust shares while 29 reduced holdings. 10 funds opened positions while 18 raised stakes. 47.82 million shares or 12.47% less from 54.63 million shares in 2017Q2 were reported. Wells Fargo Communications Mn accumulated 124,831 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 9,583 shares. Rhumbline Advisers invested 0% of its portfolio in RAIT Financial Trust (NYSE:RAS). Manufacturers Life Ins The has 0% invested in RAIT Financial Trust (NYSE:RAS). Stifel has invested 0% in RAIT Financial Trust (NYSE:RAS). Amalgamated Natl Bank reported 11,155 shares stake. State Street has 0% invested in RAIT Financial Trust (NYSE:RAS) for 2.21 million shares. Millennium Management Ltd Liability Co has invested 0% of its portfolio in RAIT Financial Trust (NYSE:RAS). Private Advisor Gp Ltd Liability Corporation reported 0% in RAIT Financial Trust (NYSE:RAS). Cwm Limited Liability Com invested in 0% or 100 shares. Tudor Invest Et Al holds 0% of its portfolio in RAIT Financial Trust (NYSE:RAS) for 66,662 shares. State Board Of Administration Of Florida Retirement Systems reported 0% in RAIT Financial Trust (NYSE:RAS). Asset Mgmt One Com Ltd stated it has 3,822 shares or 0% of all its holdings. 31,605 are held by Guggenheim Cap. Royal Comml Bank Of Canada stated it has 68,701 shares.

Among 7 analysts covering RAIT Financial Trust (NYSE:RAS), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. RAIT Financial Trust had 14 analyst reports since August 3, 2015 according to SRatingsIntel. Deutsche Bank downgraded the shares of RAS in report on Thursday, March 2 to “Hold” rating. The company was downgraded on Wednesday, August 9 by JMP Securities. As per Wednesday, December 9, the company rating was downgraded by JMP Securities. The firm has “Buy” rating by Ladenburg Thalmann given on Monday, August 3. As per Monday, March 14, the company rating was maintained by Deutsche Bank. The firm has “Outperform” rating given on Friday, February 26 by FBR Capital. The stock of RAIT Financial Trust (NYSE:RAS) earned “Outperform” rating by FBR Capital on Friday, January 22. FBR Capital maintained the stock with “Hold” rating in Wednesday, February 21 report. The stock of RAIT Financial Trust (NYSE:RAS) has “Neutral” rating given on Thursday, December 10 by Compass Point. The stock of RAIT Financial Trust (NYSE:RAS) has “Hold” rating given on Tuesday, August 15 by FBR Capital.

RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust . The company has market cap of $18.75 million. The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate. It currently has negative earnings. It also offers a set of debt financing options to the commercial real estate industry along with fixed income trading and advisory services.

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on April, 19. They expect $0.69 earnings per share, up 23.21% or $0.13 from last year’s $0.56 per share. MXIM’s profit will be $194.04 million for 22.13 P/E if the $0.69 EPS becomes a reality. After $0.65 actual earnings per share reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts 6.15% EPS growth.

Among 30 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive. Maxim Integrated Products Inc. has $73 highest and $31 lowest target. $51.58’s average target is -15.55% below currents $61.08 stock price. Maxim Integrated Products Inc. had 85 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Buy” rating given on Friday, January 26 by KeyBanc Capital Markets. RBC Capital Markets initiated the shares of MXIM in report on Monday, August 3 with “Sector Perform” rating. The company was maintained on Friday, October 20 by B. Riley & Co. Loop Capital initiated the shares of MXIM in report on Tuesday, December 6 with “Buy” rating. As per Friday, October 13, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained it with “Sector Perform” rating and $45 target in Friday, January 27 report. The rating was maintained by Stifel Nicolaus on Monday, August 14 with “Buy”. On Thursday, August 31 the stock rating was maintained by Loop Capital Markets with “Buy”. The firm has “Equal-Weight” rating given on Tuesday, January 30 by Morgan Stanley. SunTrust maintained it with “Hold” rating and $48.0 target in Wednesday, October 11 report.

Maxim Integrated Products, Inc. designs, develops, makes, and markets a range of linear and mixed-signal integrated circuits in the United States, China, rest of Asia, Europe, and internationally. The company has market cap of $17.18 billion. The firm also provides a range of high-frequency process technologies and capabilities for use in custom designs. It has a 45.86 P/E ratio. It serves automotive, communications and data center, computing, consumer, and industrial markets.

Since August 24, 2017, it had 0 buys, and 24 insider sales for $17.65 million activity. DOLUCA TUNC sold $95,294 worth of stock or 1,798 shares. 30,849 shares valued at $1.39M were sold by Grady Robert Edward on Thursday, August 24. NEIL CHRISTOPHER J sold $783,466 worth of stock. The insider Jain Vivek sold $119,257. The insider KIDDOO BRUCE E sold 25,000 shares worth $1.29 million. On Friday, February 16 Gagneja Sumeet sold $22,214 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 363 shares. BERGMAN JAMES R sold $1.89M worth of stock.

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By1 Henry Gaston

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