Analog Devices, Inc. $ADI Shares Sold by Lansforsakringar Fondforvaltning AB publ

Key Points

• Lansforsakringar Fondforvaltning AB publ reduced its holdings in Analog Devices, Inc. by 2.0%, now owning 163,801 shares worth approximately $33 million.
• Several large investors increased their stakes in Analog Devices significantly, with GAMMA Investing LLC ramping its holdings by an astonishing 25,460.1%.
• Analog Devices recently reported higher-than-expected earnings of $2.05 EPS for the quarter, exceeding the consensus estimate of $1.95, and showed revenue growth of 24.6% year-over-year.

Lansforsakringar Fondforvaltning AB publ lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 2.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 163,801 shares of the semiconductor company's stock after selling 3,370 shares during the period. Lansforsakringar Fondforvaltning AB publ's holdings in Analog Devices were worth $33,034,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its position in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares in the last quarter. GAMMA Investing LLC boosted its position in Analog Devices by 25,460.1% during the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock valued at $446,037,000 after purchasing an additional 2,203,062 shares in the last quarter. Nuveen LLC bought a new stake in Analog Devices during the first quarter valued at about $351,943,000. Deutsche Bank AG boosted its position in Analog Devices by 71.0% during the fourth quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock valued at $458,683,000 after purchasing an additional 896,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Analog Devices by 25.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock valued at $708,260,000 after purchasing an additional 668,023 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Stock Performance

Shares of NASDAQ:ADI traded down $2.94 during trading on Monday, hitting $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,942,367. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The stock has a market capitalization of $123.63 billion, a price-to-earnings ratio of 64.11, a price-to-earnings-growth ratio of 2.14 and a beta of 1.08. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The stock has a 50-day simple moving average of $237.29 and a two-hundred day simple moving average of $219.17.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period last year, the business posted $1.58 earnings per share. The company's revenue for the quarter was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is currently 101.02%.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,615 shares of company stock worth $6,450,988. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ADI shares. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Morgan Stanley raised their price target on Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Barclays raised their price target on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Wall Street Zen raised Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Finally, Raymond James Financial raised Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.