Insider Worth Mentioning: Donald Paulus Unloaded 4,370 Shares of Linear Technology Corporation (NASDAQ:LLTC)

November 29, 2016 - By Michael Collier

Insider Worth Mentioning: Donald Paulus Unloaded 4,370 Shares of Linear Technology Corporation (NASDAQ:LLTC)

Donald Paulus Insider Sell

VP & GM POWER BUSINESS UNIT Donald Paulus of Linear Technology Corp, unloaded some 4,370 of the ‘s company shares worth near $272,789 USD with an average of $62.4 stock price per share. Mr. Donald at present has in hand 108,643 shares, accounting for 0.05% of Linear Technology Corp’s market cap. A report documented published 29/11/2016 with the DC-based SEC, revealed here, shows the complete details of the transaction.

Linear Technology Corporation (NASDAQ:LLTC) Ratings Coverage

Out of 13 analysts covering Linear Technology Corporation (NASDAQ:LLTC), 2 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 15% are positive. $64 is the highest target while $37 is the lowest. The $47.75 average target is -23.69% below today’s ($62.57) stock price. Linear Technology Corporation has been the topic of 22 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, July 27 by Morgan Stanley. Goldman Sachs maintained the shares of LLTC in a report on Wednesday, July 27 with “Neutral” rating. The stock of Linear Technology Corporation (NASDAQ:LLTC) has “Hold” rating given on Wednesday, July 22 by Drexel Hamilton. The firm earned “Outperform” rating on Thursday, July 23 by Oppenheimer. The company was upgraded on Wednesday, July 27 by Pacific Crest. The stock of Linear Technology Corporation (NASDAQ:LLTC) has “Neutral” rating given on Thursday, June 2 by Goldman Sachs. The stock of Linear Technology Corporation (NASDAQ:LLTC) earned “Neutral” rating by Citigroup on Wednesday, July 27. CLSA initiated the stock with “Underperform” rating in Tuesday, May 17 report.

Insitutional Activity: The institutional sentiment decreased to 0.66 in Q2 2016. Its down 0.73, from 1.39 in 2016Q1. The ratio is negative, as 40 funds sold all Linear Technology Corporation shares owned while 135 reduced positions. 42 funds bought stakes while 201 increased positions. They now own 223.42 million shares or 0.27% less from 224.02 million shares in 2016Q1.

Baillie Gifford & holds 535,108 shares or 0.04% of its portfolio. Credit Suisse Ag has invested 0.02% of its portfolio in Linear Technology Corporation (NASDAQ:LLTC). Ngam L P holds 0.02% or 36,395 shares in its portfolio. Lenox Wealth holds 805 shares or 0.01% of its portfolio. Reilly Financial Ltd Company, a California-based fund reported 620 shares. The Indiana-based First In has invested 0.01% in Linear Technology Corporation (NASDAQ:LLTC). Signaturefd Llc holds 0% or 364 shares in its portfolio. The New York-based Quantbot Tech L P has invested 0.17% in Linear Technology Corporation (NASDAQ:LLTC). Proshare Advsr Ltd Liability reported 105,610 shares or 0.06% of all its holdings. The Arizona-based Tci Wealth Advsr has invested 0% in Linear Technology Corporation (NASDAQ:LLTC). Moreover, Strs Ohio has 0% invested in Linear Technology Corporation (NASDAQ:LLTC) for 16,590 shares. Commonwealth Equity Svcs accumulated 0.07% or 173,309 shares. Ny State Teachers Retirement System reported 392,000 shares or 0.05% of all its holdings. Schroder Mgmt Gru Incorporated reported 2.80 million shares or 0.26% of all its holdings. West Oak Capital Limited Company last reported 21,325 shares in the company.

Insider Transactions: Since October 25, 2016, the stock had 0 insider purchases, and 10 insider sales for $25.79 million net activity. Shares for $984,963 were sold by Soule Erik M. on Wednesday, November 23. Pietkiewicz Steve sold 1,770 shares worth $106,637. DOBKIN ROBERT C sold 50,073 shares worth $3.12M. PAULUS DONALD E sold $602,399 worth of stock or 9,998 shares. SWANSON ROBERT H JR also sold $1.24 million worth of Linear Technology Corporation (NASDAQ:LLTC) shares. MAIER LOTHAR had sold 274,642 shares worth $16.75 million. On Tuesday, October 25 the insider QUARLES DAVID A sold $180,681.

The stock increased 0.21% or $0.13 during the last trading session, hitting $62.57. About 2.78 million shares traded hands. Linear Technology Corporation (NASDAQ:LLTC) has risen 35.86% since April 26, 2016 and is uptrending. It has outperformed by 30.60% the S&P500.

Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The company has a market cap of $15.03 billion. The Firm produces power management, data conversion, signal conditioning, radio frequency and interface integrated circuits (ICs) and wireless sensor network products, among others. It has a 30.84 P/E ratio. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other.

According to Zacks Investment Research, “Linear Technology products include operational, instrumentation and audio amplifiers; voltage regulators, power management devices, DC-DC converters and voltage references; comparators; monolithic filters; communications interface circuits; one-chip data acquisition sub-systems; pulse-width modulators and sample-and-hold devices. (Company Press Release)”

Analysts await Linear Technology Corporation (NASDAQ:LLTC) to report earnings on January, 17. They expect $0.54 earnings per share, up 8.00% or $0.04 from last year’s $0.5 per share. LLTC’s profit will be $129.71 million for 28.97 P/E if the $0.54 EPS becomes a reality. After $0.53 actual earnings per share reported by Linear Technology Corporation for the previous quarter, Wall Street now forecasts 1.89% EPS growth.

More news for Linear Technology Corporation (NASDAQ:LLTC) were recently published by: Nytimes.com, which released: “Semiconductor Industry Shrinks Some More With Latest Deal” on July 27, 2016. Nasdaq.com‘s article titled: “Linear Technology Corporation (LLTC) Ex-Dividend Date Scheduled for November ..” and published on November 15, 2016 is yet another important article.

LLTC Company Profile

Linear Technology Corporation, incorporated on October 20, 2000, is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The Firm produces power management, data conversion, signal conditioning, radio frequency (RF) and interface integrated circuits (ICs) and wireless sensor network products, among others. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other. The Company’s products provide a bridge between analog world and the digital electronics in communications, networking, industrial, transportation, computer, medical, instrumentation, consumer, and military and aerospace systems.

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