Everett Harris & Co. CA purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 845 shares of the semiconductor company’s stock, valued at approximately $201,000.
A number of other large investors have also added to or reduced their stakes in the company. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of Analog Devices in the 2nd quarter worth $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices in the 1st quarter worth about $33,000. Saudi Central Bank bought a new position in shares of Analog Devices in the 1st quarter valued at about $39,000. Finally, Nova Wealth Management Inc. bought a new position in shares of Analog Devices in the 1st quarter valued at about $42,000. Institutional investors own 86.81% of the company’s stock.
Insider Buying and Selling
In related news, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. The trade was a 16.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the stock in a transaction on 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 sale, the chief executive officer directly owned 23,515 shares in the company, valued at $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 62,240 shares of company stock valued at $15,301,891 in the last three months. 0.33% of the stock is currently owned by company insiders.
Analog Devices Stock Up 3.4%
Analog Devices (NASDAQ:ADI – Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The company had revenue of $2.88 billion during 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%. Analog Devices’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.
Analog Devices Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on ADI shares. Piper Sandler boosted their price objective on Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a research note on Thursday, August 21st. BNP Paribas initiated coverage on Analog Devices in a research report on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target for the company. Needham & Company LLC reiterated a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. KeyCorp increased their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Morgan Stanley boosted their target price 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 analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $277.89.
Read Our Latest Analysis on Analog Devices
About Analog Devices
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.
See Also
- Five stocks we like better than Analog Devices
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Rare Earth Stocks: The Truce That Isn’t a Truce
- How to Use the MarketBeat Excel Dividend Calculator
- Carving Up Profits: 3 Food Stocks on the Thanksgiving Table
- Best Energy Stocks – Energy Stocks to Buy Now
- C3.ai’s Reset: Why New Leadership Could Spark a Turnaround
Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.
