Analog Devices, Inc. $ADI Shares Sold by MGO One Seven LLC

MGO One Seven LLC lessened its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,445 shares of the semiconductor company’s stock after selling 3,419 shares during the quarter. MGO One Seven LLC’s holdings in Analog Devices were worth $26,756,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Americana Partners LLC increased its stake in Analog Devices by 51.5% during the 3rd quarter. Americana Partners LLC now owns 2,447 shares of the semiconductor company’s stock valued at $971,000 after purchasing an additional 832 shares in the last quarter. Aprio Wealth Management LLC raised its holdings in shares of Analog Devices by 4.7% in the third quarter. Aprio Wealth Management LLC now owns 3,587 shares of the semiconductor company’s stock worth $1,423,000 after buying an additional 160 shares during the last quarter. Modera Wealth Management LLC raised its holdings in shares of Analog Devices by 16.5% in the third quarter. Modera Wealth Management LLC now owns 890 shares of the semiconductor company’s stock worth $353,000 after buying an additional 126 shares during the last quarter. State of Wyoming lifted its stake in shares of Analog Devices by 108.5% during the third quarter. State of Wyoming now owns 1,128 shares of the semiconductor company’s stock worth $447,000 after buying an additional 587 shares during the period. Finally, Petros Family Wealth LLC lifted its stake in shares of Analog Devices by 0.8% during the third quarter. Petros Family Wealth LLC now owns 3,377 shares of the semiconductor company’s stock worth $1,340,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

ADI has been the topic of several research reports. KeyCorp upped their target price on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Seaport Research Partners raised Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price target for the company in a research report on Thursday, August 20th. Morgan Stanley boosted their price target on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Finally, Arete Research boosted their price target on Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $460.55.

Insiders Place Their Bets

In other news, CFO Richard C. Puccio, Jr. sold 1,500 shares of the firm’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $389.46, for a total value of $584,190.00. Following the sale, the chief financial officer directly owned 48,177 shares in the company, valued at approximately $18,763,014.42. This trade represents a 3.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the firm’s stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares in the company, valued at approximately $16,437,216.24. This represents a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 52,436 shares of company stock valued at $20,014,954. 0.36% of the stock is owned by company insiders.

Analog Devices Stock Down 3.7%

Shares of NASDAQ:ADI opened at $417.11 on Friday. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91. The stock has a market cap of $202.12 billion, a P/E ratio of 49.48, a PEG ratio of 1.28 and a beta of 1.22. The business has a fifty day moving average of $388.54 and a two-hundred day moving average of $371.13. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company’s quarterly revenue was up 39.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts expect that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio is 52.19%.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.