Varma Mutual Pension Insurance Co Sells 6,300 Shares of Analog Devices, Inc. $ADI

Key Points

• Varma Mutual Pension Insurance Co trimmed its stake in Analog Devices by 6.5% in Q4, selling 6,300 shares and leaving it with 91,159 shares valued at about $24.72 million per the Form 13F filing.
• Analog Devices beat Q4 estimates, reporting $2.46 EPS versus $2.31 expected and $3.16 billion in revenue (up 30.4% year-over-year), and set Q2 2026 guidance of $2.73–3.03 EPS.
• Insider selling was notable: the CAO sold 4,199 shares and the CEO sold 10,000 shares, with total insider sales of 17,324 shares (~$5.69M) and insiders now owning about 0.36% of the stock.

Varma Mutual Pension Insurance Co cut its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,159 shares of the semiconductor company's stock after selling 6,300 shares during the period. Varma Mutual Pension Insurance Co's holdings in Analog Devices were worth $24,722,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Bellecapital International Ltd. raised its stake in shares of Analog Devices by 4.6% in the fourth quarter. Bellecapital International Ltd. now owns 907 shares of the semiconductor company's stock worth $246,000 after acquiring an additional 40 shares during the last quarter. Avidian Wealth Enterprises LLC grew its position in shares of Analog Devices by 6.1% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,714 shares of the semiconductor company's stock worth $465,000 after buying an additional 99 shares during the period. Oak Harbor Wealth Partners LLC grew its position in shares of Analog Devices by 2.8% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 2,340 shares of the semiconductor company's stock worth $635,000 after buying an additional 63 shares during the period. PKO Investment Management Joint Stock Co grew its position in shares of Analog Devices by 20.0% during the 4th quarter. PKO Investment Management Joint Stock Co now owns 12,000 shares of the semiconductor company's stock worth $3,254,000 after buying an additional 2,000 shares during the period. Finally, Legacy Edge Advisors LLC acquired a new stake in shares of Analog Devices during the 4th quarter worth approximately $311,000. 86.81% of the stock is owned by institutional investors.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $397.69 on Monday. The stock has a market cap of $194.15 billion, a P/E ratio of 72.70, a P/E/G ratio of 1.60 and a beta of 1.19. The firm has a 50 day moving average price of $341.55 and a 200 day moving average price of $299.32. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 1.76. Analog Devices, Inc. has a 52-week low of $194.26 and a 52-week high of $408.37.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts expect that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This is an increase from Analog Devices's previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices's payout ratio is presently 80.44%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the transaction, the chief accounting officer owned 14,740 shares of the company's stock, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $318.14, for a total transaction of $3,181,400.00. Following the completion of the transaction, the chief executive officer directly owned 167,826 shares in the company, valued at approximately $53,392,163.64. The trade was a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 17,324 shares of company stock valued at $5,688,885. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ADI. KeyCorp lifted their price target on shares of Analog Devices from $375.00 to $430.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Arete Research upgraded shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $389.00 price target for the company in a research report on Monday, March 30th. Truist Financial lifted their price target on shares of Analog Devices from $291.00 to $364.00 and gave the stock a "hold" rating in a research report on Thursday, February 19th. Citigroup reiterated a "buy" rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Wells Fargo & Company lifted their price target on shares of Analog Devices from $340.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Analog Devices has a consensus rating of "Moderate Buy" and a consensus target price of $370.69.

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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