Buckland Partners Management Co LLC Buys Shares of 11,927 Analog Devices, Inc. $ADI

Key Points

• Buckland Partners Management bought 11,927 Analog Devices shares worth approximately $4.74 million, making ADI 2.3% of its portfolio and its eighth-largest holding. Institutional investors collectively own 86.81% of the company.
• Wall Street remains optimistic, with an average rating of “Moderate Buy” and an average price target of $441. Analysts recently raised targets as high as $525.
• Analog Devices reported quarterly EPS of $3.09, exceeding estimates of $2.89, while revenue rose 37.2% year over year to $3.62 billion. Shares opened at $390.28, below the 52-week high of $445.91; insiders sold $42.25 million of stock during the last quarter.

Buckland Partners Management Co LLC purchased a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,927 shares of the semiconductor company's stock, valued at approximately $4,737,000. Analog Devices accounts for 2.3% of Buckland Partners Management Co LLC's holdings, making the stock its 8th biggest position.

A number of other large investors also recently bought and sold shares of the business. BlackRock Inc. bought a new stake in Analog Devices during the 2nd quarter valued at about $18,610,868,000. Norges Bank bought a new position in Analog Devices in the 4th quarter worth about $2,215,516,000. Bank of New York Mellon Corp bought a new position in Analog Devices in the 2nd quarter worth about $1,326,066,000. Bank of America Corp DE increased its position in shares of Analog Devices by 42.8% during the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company's stock worth $2,634,734,000 after acquiring an additional 2,912,666 shares during the period. Finally, Amundi raised its stake in shares of Analog Devices by 44.8% during the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company's stock valued at $1,507,740,000 after acquiring an additional 1,922,302 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Wall Street Analysts Forecast Growth

ADI has been the subject of a number of research reports. TD Cowen boosted their price target on Analog Devices from $450.00 to $460.00 and gave the company a "buy" rating in a report on Monday, July 13th. KeyCorp increased their price target on Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Argus set a $460.00 price target on Analog Devices in a research note on Tuesday, May 26th. Evercore reiterated an "outperform" rating and set a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, Bank of America raised their target price on shares of Analog Devices from $425.00 to $460.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $441.00.

Insiders Place Their Bets

In other news, CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total value of $3,630,000.00. Following the completion of the sale, the chief executive officer owned 137,538 shares of the company's stock, valued at $49,926,294. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the transaction, the director owned 114,511 shares in the company, valued at approximately $43,213,016.07. This trade represents a 1.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 105,274 shares of company stock worth $42,247,986 over the last quarter. Company insiders own 0.36% of the company's stock.

Analog Devices Price Performance

ADI opened at $390.28 on Tuesday. The firm has a market capitalization of $190.10 billion, a PE ratio of 57.99, a price-to-earnings-growth ratio of 1.01 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The business's 50-day moving average is $390.93 and its two-hundred day moving average is $369.88. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91.

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

About Analog Devices

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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