30,767 Shares in Analog Devices, Inc. $ADI Acquired by Meeder Asset Management Inc.

Key Points

• Meeder Asset Management acquired 30,767 shares of Analog Devices during the second quarter, valued at approximately $12.22 million. Institutional investors collectively own 86.81% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $441. Several firms recently raised targets as high as $474.
• Analog Devices reported quarterly EPS of $3.09 and revenue of $3.62 billion, exceeding estimates, while revenue increased 37.2% year over year. However, company insiders sold more than 105,000 shares worth about $42.25 million over the past 90 days.

Meeder Asset Management Inc. bought a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 30,767 shares of the semiconductor company's stock, valued at approximately $12,220,000.

A number of other large investors have also recently bought and sold shares of the stock. Banque Transatlantique SA acquired a new position in shares of Analog Devices in the fourth quarter worth $25,000. Contravisory Investment Management Inc. acquired a new stake in shares of Analog Devices during the second quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices during the fourth quarter valued at $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Analog Devices during the 4th quarter worth about $27,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Analog Devices during the 1st quarter worth about $30,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ADI. Argus set a $460.00 target price on shares of Analog Devices in a research note on Tuesday, May 26th. Weiss Ratings downgraded shares of Analog Devices from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, July 28th. Oppenheimer boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an "outperform" rating in a research report on Tuesday, May 12th. Evercore reissued an "outperform" rating and set a $474.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $430.00 target price on shares of Analog Devices in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $441.00.

Insider Activity at Analog Devices

In related news, SVP Martin Cotter sold 17,594 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the sale, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 30,000 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer directly owned 137,538 shares of the company's stock, valued at $57,096,149.94. This trade represents a 17.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 105,274 shares of company stock valued at $42,247,986. Insiders own 0.36% of the company's stock.

Analog Devices Stock Performance

Analog Devices stock opened at $390.28 on Tuesday. The stock has a fifty day moving average price of $390.93 and a 200 day moving average price of $369.88. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The firm has a market capitalization of $190.10 billion, a P/E ratio of 57.99, a PEG ratio of 1.01 and a beta of 1.20. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm's quarterly revenue was up 37.2% on a year-over-year basis. During the same period last year, the company earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Profile

Analog Devices, Inc NASDAQ: ADI is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company's product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.

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