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2,706 Shares of Analog Devices, Inc. $ADI Bought by Arwa LLC

Analog Devices logo with Technology background
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Arwa LLC acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,706 shares of the semiconductor company's stock, valued at approximately $1,122,000.

A number of other large investors have also recently made changes to their positions in the stock. Riverbend Wealth Management LLC grew its stake in shares of Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company's stock worth $396,000 after purchasing an additional 27 shares during the period. Bridgewater Advisors Inc. lifted its stake in shares of Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company's stock valued at $574,000 after purchasing an additional 27 shares during the period. Silicon Valley Capital Partners grew its position in Analog Devices by 4.2% during the first quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company's stock valued at $214,000 after buying an additional 27 shares during the period. Cornerstone Financial Management LLC grew its position in Analog Devices by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company's stock valued at $31,000 after buying an additional 28 shares during the period. Finally, 55 North Private Wealth LLC boosted its position in Analog Devices by 2.8% during the third quarter. 55 North Private Wealth LLC now owns 1,018 shares of the semiconductor company's stock worth $404,000 after purchasing an additional 28 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. KeyCorp lifted their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Evercore cut their price target on shares of Analog Devices from $474.00 to $462.00 and set an "outperform" rating for the company in a report on Thursday, August 20th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $510.00 target price (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Seaport Research Partners raised Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 price objective on the stock in a research report on Thursday, August 20th. Finally, TD Cowen raised their price objective on shares of Analog Devices from $460.00 to $475.00 and gave the stock a "buy" rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $460.55.

Get Our Latest Stock Analysis on Analog Devices

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the transaction, the chief executive officer directly owned 115,460 shares of the company's stock, valued at $45,830,692.40. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the business's stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares in the company, valued at $16,437,216.24. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 52,436 shares of company stock worth $20,014,954. 0.36% of the stock is owned by company insiders.

Analog Devices Trading Up 2.2%

NASDAQ ADI opened at $405.96 on Thursday. The company's 50 day moving average price is $383.63 and its 200 day moving average price is $388.80. The firm has a market capitalization of $196.72 billion, a price-to-earnings ratio of 48.16, a PEG ratio of 1.22 and a beta of 1.22. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping analysts' consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the previous year, the business posted $2.05 EPS. The firm's revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 13.00 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices's payout ratio is currently 52.19%.

Analog Devices News Summary

Here are the key news stories impacting Analog Devices this week:

  • Positive Sentiment: TD Cowen raised its price target for Analog Devices (ADI) from $460 to $475 and reiterated a “buy” rating, signaling continued confidence in the company’s earnings outlook and potential upside. Benzinga analyst price target report
  • Positive Sentiment: Analog Devices disclosed that Tutanota LLC is seeking to purchase up to 100,000 ADI shares for $525 each in an unsolicited mini-tender offer. Although ADI recommended that shareholders reject the offer, the premium price drew investor attention and may reinforce perceptions that the stock is valuable. Analog Devices mini-tender offer announcement
  • Neutral Sentiment: Exchange-traded funds were reported to be buying Analog Devices shares on October 19, suggesting continued institutional demand, though the report did not identify the size or strategic significance of the purchases. ETF purchases of Analog Devices
  • Negative Sentiment: Chief Financial Officer Richard Puccio sold 1,500 shares valued at approximately $584,000. The transaction reduced his direct holdings by 3.02%, but it was executed under a pre-arranged Rule 10b5-1 plan, making it a relatively limited signal about management’s view of ADI’s prospects. Richard Puccio insider transaction

Analog Devices Profile

(Free Report)

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.

See Also

Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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