Crew Capital Management Ltd. Invests $1.03 Million in Analog Devices, Inc. $ADI

Key Points

• Crew Capital Management Ltd. has invested approximately $1.03 million in Analog Devices, Inc. (NASDAQ:ADI), acquiring 4,313 shares during the 2nd quarter.
• CEO Vincent Roche sold 20,000 shares of Analog Devices at an average price of $254.29, reducing his ownership by nearly 46%.
• Analog Devices reported a 24.6% year-over-year revenue increase in its latest quarter, with earnings per share of $2.05, surpassing analyst expectations.

Crew Capital Management Ltd. acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,313 shares of the semiconductor company's stock, valued at approximately $1,027,000.

Other institutional investors have also bought and sold shares of the company. China Universal Asset Management Co. Ltd. boosted its stake in Analog Devices by 284.4% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock valued at $6,262,000 after buying an additional 22,973 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at $296,000. Keybank National Association OH boosted its stake in Analog Devices by 85.8% in the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after buying an additional 12,505 shares in the last quarter. Eastern Bank boosted its stake in Analog Devices by 6.0% in the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock valued at $39,664,000 after buying an additional 11,101 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in Analog Devices by 4.3% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company's stock valued at $1,224,000 after buying an additional 251 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Martin Cotter sold 12,500 shares of the business's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the transaction, the senior vice president directly owned 63,048 shares of the company's stock, valued at approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 41,240 shares of company stock worth $10,300,738. Company insiders own 0.33% of the company's stock.

Analog Devices Trading Up 0.8%

NASDAQ ADI opened at $247.34 on Tuesday. The stock has a 50-day simple moving average of $239.26 and a 200 day simple moving average of $221.17. The company has a market capitalization of $121.68 billion, a PE ratio of 63.10, a P/E/G ratio of 2.07 and a beta of 1.08. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13.

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

Analog Devices Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently commented on ADI. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Citigroup reaffirmed a "buy" rating and issued a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. JPMorgan Chase & Co. lifted their price objective on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Finally, Morgan Stanley lifted their price objective on Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Company 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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