Envestnet Portfolio Solutions Inc. Purchases 3,446 Shares of Analog Devices, Inc. $ADI

Envestnet Portfolio Solutions Inc. lifted its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,427 shares of the semiconductor company’s stock after purchasing an additional 3,446 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Analog Devices were worth $21,812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in ADI. Entrust Financial LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at about $33,000. RiverFront Investment Group LLC bought a new position in Analog Devices during the fourth quarter worth about $555,000. Sapient Capital LLC acquired a new stake in Analog Devices in the 4th quarter worth about $555,000. North Dakota State Investment Board bought a new stake in Analog Devices in the 4th quarter valued at about $4,614,000. Finally, Elyxium Wealth LLC bought a new stake in Analog Devices in the 4th quarter valued at about $87,000. Institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ADI shares. Bank of America raised their target price on shares of Analog Devices from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Robert W. Baird set a $365.00 price target on Analog Devices in a research note on Thursday, February 19th. Cantor Fitzgerald raised their price objective on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Benchmark lifted their price objective on Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Wells Fargo & Company upped their target price on Analog Devices from $410.00 to $470.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $381.27.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $418.58 on Tuesday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The company has a market cap of $204.35 billion, a PE ratio of 76.52, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19. The company has a 50 day moving average of $355.22 and a 200-day moving average of $311.74. Analog Devices, Inc. has a 1-year low of $206.00 and a 1-year high of $435.72.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the business earned $1.63 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities research analysts forecast that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the sale, the chief accounting officer directly owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00. Following the completion of the transaction, the chief executive officer owned 187,538 shares in the company, valued at approximately $74,623,245.58. This represents a 5.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 24,199 shares of company stock worth $8,676,423. Corporate insiders own 0.36% of the company’s stock.

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.