Lee Johnson Capital Management LLC Buys New Holdings in Analog Devices, Inc. $ADI

Lee Johnson Capital Management LLC purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 13,065 shares of the semiconductor company’s stock, valued at approximately $5,189,000. Analog Devices accounts for approximately 1.6% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 22nd largest position.

Other institutional investors have also recently bought and sold shares of the company. ING Groep NV increased its holdings in shares of Analog Devices by 45.1% during the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock worth $60,358,000 after acquiring an additional 69,202 shares during the last quarter. Covenant Asset Management LLC acquired a new stake in Analog Devices during the 4th quarter valued at $2,500,000. MGO One Seven LLC lifted its holdings in Analog Devices by 17.7% during the 4th quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company’s stock valued at $12,352,000 after purchasing an additional 6,846 shares during the last quarter. Jones Kertz & Associates Inc. bought a new position in Analog Devices during the fourth quarter worth $1,480,000. Finally, Natixis Advisors LLC boosted its position in Analog Devices by 2.4% during the fourth quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company’s stock worth $271,791,000 after purchasing an additional 23,531 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

ADI has been the topic of several research analyst reports. Oppenheimer increased their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Evercore reiterated an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Jefferies Financial Group increased their price target on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Barclays raised their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average target price of $441.00.

Insider Activity

In other news, SVP Martin Cotter sold 17,594 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, the senior vice president directly owned 56,332 shares in the company, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This trade represents a 17.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 105,274 shares of company stock valued at $42,247,986 in the last 90 days. 0.36% of the stock is owned by corporate insiders.

Analog Devices Stock Performance

NASDAQ:ADI opened at $390.28 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The company has a market cap of $190.10 billion, a price-to-earnings ratio of 57.99, a PEG ratio of 1.01 and a beta of 1.20. The stock has a fifty day moving average price of $390.93 and a 200-day moving average price of $369.88.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the previous year, the firm earned $1.85 earnings per share. Analog Devices’s revenue for the quarter was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities analysts anticipate that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Company 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.