Analog Devices, Inc. $ADI Stock Bought by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its position in Analog Devices, Inc. (NASDAQ:ADI) by 9.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 16,306 shares of the semiconductor company’s stock after acquiring an additional 1,442 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Analog Devices were worth $6,469,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ADI. Contravisory Investment Management Inc. acquired a new stake in shares of Analog Devices in the 2nd quarter worth $25,000. Manning & Napier Advisors LLC acquired a new position in Analog Devices during the 2nd quarter valued at about $25,000. Nvwm LLC increased its position in Analog Devices by 590.0% during the 3rd quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Dunhill Financial LLC purchased a new stake in Analog Devices in the second quarter valued at about $32,000. Finally, Cornerstone Financial Management LLC raised its stake in Analog Devices by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 28 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 1,416 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $407.28, for a total transaction of $576,708.48. Following the sale, the director directly owned 104,599 shares of the company’s stock, valued at approximately $42,601,080.72. This trade represents a 1.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of Analog Devices stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $415.02, for a total value of $498,024.00. Following the transaction, the insider owned 14,849 shares of the company’s stock, valued at $6,162,631.98. The trade was a 7.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 52,436 shares of company stock valued at $20,681,906 in the last 90 days. 0.36% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ADI. Wall Street Zen downgraded Analog Devices from a “buy” rating to a “hold” rating in a report on Saturday. TD Cowen upped their price objective on shares of Analog Devices from $460.00 to $475.00 and gave the company a “buy” rating in a report on Monday, October 19th. Robert W. Baird increased their price objective on shares of Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research report on Monday, August 24th. Wells Fargo & Company lowered their target price on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. One research 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $460.55.

More Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analyst-focused coverage points to bullish sentiment on ADI, while a separate Zacks article identifies the company as a potential way to invest in continued AI and data-center demand. Analysts Are Bullish on These Technology Stocks AI Boom Isn’t Over
• Positive Sentiment: A roundup highlighting ADI’s long record of positive free cash flow and growing dividends reinforces its appeal to income-oriented investors. This Tech Company Has 29 Years of Positive Free Cash Flow and a Growing Dividend
• Neutral Sentiment: ETF flows were mixed: 47 ETFs added ADI shares in one session, while ETFs were net sellers on Nov. 6. The conflicting signals offer little clear direction on institutional demand. 47 ETFs Add to Analog Devices Holdings ETFs Are Net Sellers of Analog Devices
• Neutral Sentiment: ADI’s CFO is scheduled to speak at the UBS Global Technology and AI Conference on Dec. 1. The event could provide updated commentary, but no new business information was announced. Analog Devices to Participate in the UBS Global Technology and AI Conference
• Negative Sentiment: A director reportedly sold about $577,000 of ADI stock, a modest potential concern for sentiment. Separately, a report describing increased short interest lists the total as zero shares, so it does not indicate meaningful short-selling pressure. Insider Selling: Analog Devices Director Sells Stock

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $393.30 on Wednesday. Analog Devices, Inc. has a twelve month low of $224.25 and a twelve month high of $445.91. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The company has a market cap of $190.58 billion, a PE ratio of 46.65, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24. The company’s 50 day moving average is $391.81 and its 200 day moving average is $374.36.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.05 EPS. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

About Analog Devices

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.