Analog Devices, Inc. $ADI Shares Sold by Lbp Am Sa

Key Points

• Lbp Am Sa significantly reduced its stake in Analog Devices, Inc. by 68.3% during Q2, leaving it with 15,079 shares valued at approximately $3.59 million.
• Insider trading activity revealed that both SVP Martin Cotter and CEO Vincent Roche sold substantial shares, with Cotter reducing his position by 16.55% and Roche by 45.96%.
• JPMorgan Chase & Co. increased their price target for Analog Devices shares from $300 to $310, adding to the overall positive sentiment as multiple analysts rate the stock as a "Moderate Buy."

Lbp Am Sa cut its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 68.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,079 shares of the semiconductor company's stock after selling 32,429 shares during the quarter. Lbp Am Sa's holdings in Analog Devices were worth $3,589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ADI. Activest Wealth Management grew its stake in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares during the period. Alpine Bank Wealth Management purchased a new stake in shares of Analog Devices in the 1st quarter worth about $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Analog Devices in the 1st quarter worth about $33,000. North Capital Inc. purchased a new stake in shares of Analog Devices in the 1st quarter worth about $36,000. Finally, Wolff Wiese Magana LLC boosted its position in shares of Analog Devices by 209.8% in the 1st quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company's stock worth $38,000 after buying an additional 128 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. This represents a 16.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Vincent Roche sold 20,000 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the transaction, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,240 shares of company stock valued at $12,737,838. Insiders own 0.33% of the company's stock.

Analog Devices Trading Up 1.0%

Shares of ADI stock opened at $241.67 on Friday. The firm has a market cap of $118.89 billion, a P/E ratio of 61.65, a PEG ratio of 2.02 and a beta of 1.09. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The firm's 50-day simple moving average is $240.61 and its 200-day simple moving average is $222.98.

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 for the quarter, topping the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company's revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 101.02%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ADI shares. JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Raymond James Financial upgraded shares of Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. UBS Group reduced their target price on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a report on Monday, July 7th. Seaport Res Ptn upgraded shares of Analog Devices from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. Finally, Needham & Company LLC restated a "hold" rating on shares of Analog Devices in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $275.29.

Analog Devices Profile

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.

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