UNIVEST FINANCIAL Corp Buys New Stake in Analog Devices, Inc. $ADI

UNIVEST FINANCIAL Corp purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,573 shares of the semiconductor company’s stock, valued at approximately $3,008,000.

Other large investors have also recently added to or reduced their stakes in the company. Riverbend Wealth Management LLC raised its position in Analog Devices by 2.2% in the first quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after purchasing an additional 27 shares during the period. Bridgewater Advisors Inc. boosted its position in shares of Analog Devices by 1.5% in the first quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock worth $574,000 after buying an additional 27 shares during the period. Silicon Valley Capital Partners grew its stake in shares of Analog Devices by 4.2% in the first quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after buying an additional 27 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Analog Devices by 12.0% in the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock valued at $90,000 after buying an additional 30 shares in the last quarter. Finally, 1620 Investment Advisors Inc. raised its holdings in shares of Analog Devices by 5.0% during the 4th quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock valued at $182,000 after buying an additional 32 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Cantor Fitzgerald reissued an “overweight” rating and set a $550.00 price target on shares of Analog Devices in a research report on Monday. Barclays increased their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Stifel Nicolaus lifted their price objective on shares of Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Needham & Company LLC boosted their target price on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $441.00.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $49,926,294. This represents a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total transaction of $534,355.92. Following the completion of the sale, the director directly owned 114,511 shares of the company’s stock, valued at $43,213,016.07. The trade was a 1.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 105,274 shares of company stock worth $42,247,986 over the last three months. 0.36% of the stock is owned by corporate insiders.

Analog Devices Trading Up 0.2%

NASDAQ:ADI opened at $390.28 on Tuesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The business’s 50-day simple moving average is $390.93 and its 200 day simple moving average is $369.88. The stock has a market cap of $190.10 billion, a price-to-earnings ratio of 57.99, a price-to-earnings-growth ratio of 1.01 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. During the same quarter last year, the firm earned $1.85 EPS. Analog Devices’s quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, sell-side analysts predict that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.

Analog Devices Company 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.