30,348 Shares in Analog Devices, Inc. $ADI Acquired by Vise Technologies Inc.

Vise Technologies Inc. purchased a new position in Analog Devices, Inc. (NASDAQ:ADI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 30,348 shares of the semiconductor company’s stock, valued at approximately $12,040,000.

Several other institutional investors and hedge funds have also modified their holdings of ADI. BlackRock Inc. purchased a new stake in shares of Analog Devices in the 2nd quarter worth $18,610,868,000. Bank of America Corp DE bought a new position in Analog Devices in the 2nd quarter worth $3,573,081,000. Legal & General Group Plc bought a new position in Analog Devices in the 2nd quarter worth $1,525,167,000. Bank of New York Mellon Corp purchased a new position in Analog Devices during the second quarter valued at $1,326,066,000. Finally, Primecap Management Co. CA purchased a new position in Analog Devices during the second quarter valued at $1,242,479,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the subject of several recent research reports. Wells Fargo & Company cut their price target on Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a report on Thursday, August 20th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Evercore lowered their price objective on Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Arete Research increased their target price on shares of Analog Devices from $487.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Finally, Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and an average target price of $460.55.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00. Following the sale, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. The trade was a 7.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard C. Puccio, Jr. sold 2,683 shares of the business’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value of $1,004,944.48. Following the completion of the sale, the chief financial officer owned 54,177 shares in the company, valued at $20,292,537.12. This represents a 4.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 42,436 shares of company stock valued at $16,384,954 in the last 90 days. Insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Analog Devices stock opened at $417.11 on Monday. 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 1.24. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The firm’s 50 day moving average price is $388.54 and its 200-day moving average price is $371.13.

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

Analog Devices Dividend Announcement

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

Analog Devices Profile

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.