Linear Technology Corp. (NASDAQ:LLTC) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $48.18 and last traded at $47.94, with a volume of 996,248 shares. The stock had previously closed at $47.67.

Several research analysts have recently issued reports on LLTC shares. B. Riley restated a “neutral” rating and issued a $44.00 target price on shares of Linear Technology Corp. in a report on Monday, April 25th. Wells Fargo & Co. restated an “outperform” rating on shares of Linear Technology Corp. in a report on Friday, May 13th. Zacks Investment Research cut shares of Linear Technology Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, March 22nd. Credit Agricole SA started coverage on shares of Linear Technology Corp. in a report on Monday, May 16th. They issued an “underperform” rating and a $45.00 target price for the company. Finally, Goldman Sachs Group Inc. started coverage on shares of Linear Technology Corp. in a report on Thursday, June 2nd. They issued a “neutral” rating and a $46.00 target price for the company. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. Linear Technology Corp. presently has an average rating of “Hold” and a consensus target price of $44.81.

The firm has a market cap of $11.46 billion and a PE ratio of 23.72. The company’s 50 day moving average price is $46.75 and its 200 day moving average price is $44.12.

Linear Technology Corp. (NASDAQ:LLTC) last released its earnings results on Tuesday, April 19th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The company earned $361.10 million during the quarter, compared to analyst estimates of $359.31 million. During the same period in the previous year, the company posted $0.55 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts anticipate that Linear Technology Corp. will post $2.01 earnings per share for the current year.

In other news, VP V Paul Chantalat sold 15,000 shares of the firm’s stock in a transaction dated Monday, April 25th. The stock was sold at an average price of $45.91, for a total transaction of $688,650.00. Following the sale, the vice president now owns 63,255 shares of the company’s stock, valued at $2,904,037.05. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP David A. Quarles sold 2,000 shares of the firm’s stock in a transaction dated Friday, April 22nd. The stock was sold at an average price of $46.17, for a total value of $92,340.00. Following the sale, the vice president now directly owns 65,013 shares in the company, valued at approximately $3,001,650.21. The disclosure for this sale can be found here.

Other large investors have added to or reduced their stakes in the company. Brown Advisory Inc. raised its stake in Linear Technology Corp. by 1.1% in the fourth quarter. Brown Advisory Inc. now owns 26,067 shares of the company’s stock worth $1,107,000 after buying an additional 274 shares in the last quarter. World Asset Management Inc raised its stake in Linear Technology Corp. by 2.9% in the fourth quarter. World Asset Management Inc now owns 26,099 shares of the company’s stock worth $1,109,000 after buying an additional 735 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its stake in Linear Technology Corp. by 4.6% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 32,747 shares of the company’s stock worth $1,391,000 after buying an additional 1,435 shares in the last quarter. ProShare Advisors LLC raised its stake in Linear Technology Corp. by 1.2% in the fourth quarter. ProShare Advisors LLC now owns 125,392 shares of the company’s stock worth $5,325,000 after buying an additional 1,453 shares in the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. raised its stake in Linear Technology Corp. by 0.5% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 347,456 shares of the company’s stock worth $15,062,000 after buying an additional 1,848 shares in the last quarter.

Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits for companies across the world. The Company’s principal product categories include Amplifiers, High Speed Amplifiers, Voltage Regulators, Voltage References, Interface, Data Converters, Battery Stack Monitors, Silicon Oscillators and Timer Blox, Phase Locked Loop (PLL) Synthesizers and Clock Distribution, SmartMesh Embedded Wireless Sensor Network, Isolated uModule Transceivers, Radio Frequency Circuits, Power Over Ethernet (PoE) Controllers, uModule Power Products, Signal Chain uModule Products and Others.

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