Analog Devices, Inc. $ADI Shares Sold by Annex Advisory Services LLC

Annex Advisory Services LLC lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,780 shares of the semiconductor company’s stock after selling 3,705 shares during the period. Analog Devices makes up about 1.6% of Annex Advisory Services LLC’s investment portfolio, making the stock its 14th largest position. Annex Advisory Services LLC’s holdings in Analog Devices were worth $94,042,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Contravisory Investment Management Inc. acquired a new stake in Analog Devices during the 2nd quarter valued at $25,000. Banque Transatlantique SA acquired a new position in Analog Devices in the 4th quarter worth $25,000. Evolution Wealth Management Inc. purchased a new position in Analog Devices in the 1st quarter valued at about $30,000. Hilton Head Capital Partners LLC purchased a new position in Analog Devices in the 4th quarter valued at about $26,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices during the fourth quarter valued at about $27,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ADI has been the topic of several recent analyst reports. Wells Fargo & Company boosted their price target on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Raymond James Financial restated an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Evercore restated an “outperform” rating and set a $474.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Jefferies Financial Group upped their target price on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Needham & Company LLC increased their target price on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $441.00.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $49,926,294. This represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the completion of the transaction, the director directly owned 114,511 shares of the company’s stock, valued at $43,213,016.07. This trade represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 105,274 shares of company stock worth $42,247,986 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

Analog Devices Trading Up 0.4%

NASDAQ:ADI opened at $385.30 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $393.46 and its two-hundred day moving average is $367.61. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a market cap of $187.68 billion, a PE ratio of 57.25, a P/E/G ratio of 1.00 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last issued 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 during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business’s quarterly revenue was up 37.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, analysts predict that Analog Devices, Inc. will post 12.42 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s payout ratio is presently 65.38%.

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.