Sava Infond d.o.o. lowered its holdings in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,100 shares of the semiconductor company’s stock after selling 700 shares during the period. Analog Devices comprises 1.3% of Sava Infond d.o.o.’s portfolio, making the stock its 17th largest position. Sava Infond d.o.o.’s holdings in Analog Devices were worth $8,355,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Activest Wealth Management boosted its holdings in Analog Devices by 6,350.0% in 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 during the last quarter. Alpine Bank Wealth Management purchased a new position in Analog Devices in the first quarter valued at about $27,000. N.E.W. Advisory Services LLC purchased a new position in Analog Devices in the first quarter valued at about $33,000. North Capital Inc. purchased a new position in Analog Devices in the first quarter valued at about $36,000. Finally, Wolff Wiese Magana LLC boosted its holdings in Analog Devices by 209.8% in the first quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Insider Buying and Selling
In other news, SVP Martin Cotter sold 12,500 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. This represents a 16.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the sale, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 51,240 shares of company stock valued at $12,737,838 over the last quarter. Company insiders own 0.33% of the company’s stock.
Analog Devices Stock Up 0.1%
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is presently 101.02%.
Wall Street Analysts Forecast Growth
ADI has been the topic of several research reports. Keefe, Bruyette & Woods upgraded Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. Evercore ISI upped their price objective on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Morgan Stanley upped their price objective on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Finally, KeyCorp upped their price objective on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.
Analog Devices Company Profile
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.
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