Resources Management Corp CT ADV Sells 24,375 Shares of Analog Devices, Inc. $ADI

Key Points

• Resources Management Corp CT ADV cut its Analog Devices stake by 61.5% in the fourth quarter, selling 24,375 shares and leaving it with 15,235 shares valued at about $4.13 million.
• Analyst sentiment remains constructive: several firms raised price targets, and the stock now carries a Moderate Buy consensus with an average target of $432.71.
• Analog Devices posted a strong quarter, with EPS of $3.09 and revenue of $3.62 billion, both topping estimates, while the company also declared a $1.10 quarterly dividend.

Resources Management Corp CT ADV lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 61.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,235 shares of the semiconductor company's stock after selling 24,375 shares during the period. Resources Management Corp CT ADV's holdings in Analog Devices were worth $4,132,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ADI. Hilton Head Capital Partners LLC bought a new position in Analog Devices in the fourth quarter valued at about $26,000. Gordian Capital Singapore Pte Ltd bought a new position in Analog Devices in the fourth quarter valued at about $27,000. Entrust Financial LLC bought a new position in Analog Devices in the fourth quarter valued at about $33,000. Albion Financial Group UT grew its holdings in Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 36 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC grew its holdings in Analog Devices by 56.1% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 128 shares of the semiconductor company's stock worth $35,000 after acquiring an additional 46 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Truist Financial boosted their target price on shares of Analog Devices from $364.00 to $405.00 and gave the stock a "hold" rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an "overweight" rating in a report on Tuesday, May 26th. Morgan Stanley reissued an "overweight" rating and set a $373.00 target price on shares of Analog Devices in a report on Thursday, February 19th. Wolfe Research reissued an "outperform" rating and set a $475.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Finally, Oppenheimer boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an "outperform" rating in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $432.71.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Martin Cotter sold 17,594 shares of the business's stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares in the company, valued at $23,546,776. This trade represents a 23.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 100,442 shares of company stock worth $40,011,004. Company insiders own 0.36% of the company's stock.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $417.79 on Monday. The company has a market capitalization of $203.50 billion, a P/E ratio of 62.08, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The company's 50 day moving average price is $391.76 and its 200-day moving average price is $335.36.

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 the consensus estimate 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 for the quarter was up 37.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts forecast that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be given a $1.10 dividend. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices's payout ratio is 65.38%.

Analog Devices News Roundup

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Recent commentary says Analog Devices is benefiting from strong AI infrastructure spending, with growing data-center and communications demand reinforcing the company’s growth story. Will Record Q2, Empower Deal and AI Infrastructure Demand Shift Analog Devices' (ADI) Narrative?
• Positive Sentiment: Analyst and broker commentary remains generally constructive, with recent reports describing ADI as a buy and noting momentum in its communications segment tied to AI and data-center demand. Can ADI's Communications Segment Emerge as a New Growth Driver?
• Neutral Sentiment: Analog Devices was recognized at the 2026 BostonCISO ORBIE Awards, which is a positive brand and leadership signal but unlikely to move the stock by itself. New England’s Top Security Executives Named at the 2026 BostonCISO ORBIE Awards
• Negative Sentiment: Director Ray Stata disclosed a sale of 1,432 shares, which can weigh on sentiment even though it was made under a pre-arranged 10b5-1 plan and represents a small portion of his holdings. Ray Stata Sells 1,432 Shares of Analog Devices NASDAQ: ADI Stock

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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