Commerzbank Aktiengesellschaft FI purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,067 shares of the semiconductor company’s stock, valued at approximately $4,793,000.
Several other institutional investors have also made changes to their positions in the stock. Banque Transatlantique SA acquired a new position in Analog Devices in the 4th quarter valued at $25,000. Contravisory Investment Management Inc. bought a new stake in shares of Analog Devices during the 2nd quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices during the 4th quarter worth $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices during the 4th quarter worth $27,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Analog Devices in the first quarter worth $30,000. 86.81% of the stock is currently owned by institutional investors.
Insider Activity at Analog Devices
In other Analog Devices news, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total transaction of $534,355.92. Following the sale, the director owned 114,511 shares of the company’s stock, valued at approximately $43,213,016.07. The trade was a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the transaction, the chief executive officer owned 137,538 shares of the company’s stock, valued at $49,926,294. This trade represents a 6.78% 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. Over the last three months, insiders have sold 105,274 shares of company stock worth $42,247,986. Corporate insiders own 0.36% of the company’s stock.
Analog Devices Stock Up 0.2%
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm’s revenue was up 37.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on ADI. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Bank of America raised their target price on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Oppenheimer boosted their target price 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. Robert W. Baird upped their price target on shares of Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $550.00 price target on shares of Analog Devices in a research report on Monday. Two 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $441.00.
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.
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