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

Vise Technologies Inc. purchased a new position in Analog Devices, Inc. (NASDAQ:ADI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 30,348 shares of the semiconductor company’s stock, valued at approximately $12,040,000.

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

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the completion of the sale, the chief executive officer 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $415.02, for a total transaction of $498,024.00. Following the sale, the insider owned 14,849 shares of the company’s stock, valued at approximately $6,162,631.98. This represents a 7.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,436 shares of company stock worth $16,384,954 in the last 90 days. Insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

NASDAQ ADI opened at $417.11 on Monday. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The stock has a 50-day moving average of $388.54 and a 200 day moving average of $371.13. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The company has a market capitalization of $202.12 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 1.28 and a beta of 1.24.

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

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued 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 dividend payout ratio (DPR) is currently 52.19%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ADI. The Goldman Sachs Group reissued a “buy” rating and set a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research report on Wednesday, August 19th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 target price (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. BMO Capital Markets began coverage on shares of Analog Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price target on the stock. Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, October 25th. Finally, Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $460.55.

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.