14,228 Analog Devices, Inc. $ADI Shares Bought by Plan A Wealth LLC

Plan A Wealth LLC boosted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1,635.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 15,098 shares of the semiconductor company’s stock after buying an additional 14,228 shares during the quarter. Analog Devices accounts for 2.1% of Plan A Wealth LLC’s portfolio, making the stock its 13th biggest position. Plan A Wealth LLC’s holdings in Analog Devices were worth $5,990,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ADI. Banque Transatlantique SA bought a new position in Analog Devices during the 4th quarter valued at approximately $25,000. Contravisory Investment Management Inc. bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC purchased a new position in shares of Analog Devices during the second quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices during the fourth quarter valued at approximately $26,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Analog Devices during the first quarter valued at approximately $30,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Down 2.4%

Shares of NASDAQ:ADI traded down $10.01 during midday trading on Thursday, reaching $400.07. The company’s stock had a trading volume of 967,260 shares, compared to its average volume of 4,035,288. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $378.46 and a 200-day moving average of $382.55. The firm has a market capitalization of $193.86 billion, a P/E ratio of 47.65, a PEG ratio of 1.30 and a beta of 1.22. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same period last year, the company posted $2.05 EPS. Analog Devices’s revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is presently 52.19%.

Analyst Ratings Changes

Several analysts recently weighed in on ADI shares. Evercore cut their price target on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. Piper Sandler set a $460.00 target price on shares of Analog Devices in a research report on Tuesday, September 8th. Arete Research lifted their target price on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, BMO Capital Markets began coverage on shares of Analog Devices in a research note on Thursday, August 20th. They issued an “outperform” rating and a $430.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $460.09.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $356.33, for a total transaction of $3,563,300.00. Following the completion of the transaction, the chief executive officer owned 134,660 shares in the company, valued at approximately $47,983,397.80. The trade was a 6.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the completion of the sale, the director directly owned 114,511 shares in the company, valued at $43,213,016.07. This trade represents a 1.22% 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. Insiders sold 45,215 shares of company stock worth $17,062,490 in the last 90 days. Corporate insiders own 0.36% of the company’s stock.

More Analog Devices News

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

• Positive Sentiment: 5G adoption expands. Lekha Wireless plans to integrate Analog Devices’ radio technology into its 4G and 5G radio-access-network products, supporting ADI’s communications exposure and demonstrating demand for its signal-processing technology. Lekha Wireless to integrate Analog Devices radio technology in 5G and 4G products
• Positive Sentiment: Analyst and industry sentiment remains favorable. Bank of America reportedly identified ADI as one of the strongest analog semiconductor performers. Semiconductor sales exceeding $1 trillion, supported by artificial-intelligence investment, also keeps ADI in focus as a potential beneficiary. Analog Devices, STMicro and TI seen as strongest analog performers: BofA
• Neutral Sentiment: Fundamentals are strong, but expectations are high. ADI’s latest quarter beat earnings and revenue estimates, with revenue rising 39.2% year over year. However, the stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking or concerns that growth expectations are already reflected in the share price.
• Negative Sentiment: Recent insider sales may weigh on sentiment. CFO Richard Puccio sold $631,620 of stock under a pre-arranged Rule 10b5-1 plan, reducing his position by 2.93%. Other reported insider sales, including transactions by CEO Vincent Roche and Vivek Jain, add to the perception of near-term selling pressure, although planned sales do not necessarily indicate weakening business prospects. Analog Devices CFO stock sale

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.