Atria Investments LLC lifted its position in Analog Devices, Inc. (NASDAQ:ADI) by 17.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,654 shares of the semiconductor company’s stock after purchasing an additional 2,053 shares during the period. Atria Investments LLC’s holdings in Analog Devices were worth $1,216,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Cookson Peirce & Co. Inc. boosted its holdings in Analog Devices by 0.4% in the second quarter. Cookson Peirce & Co. Inc. now owns 10,440 shares of the semiconductor company’s stock valued at $812,000 after acquiring an additional 40 shares in the last quarter. Simmons Bank boosted its holdings in Analog Devices by 0.8% in the second quarter. Simmons Bank now owns 7,134 shares of the semiconductor company’s stock valued at $555,000 after acquiring an additional 59 shares in the last quarter. Advisory Services Network LLC boosted its holdings in Analog Devices by 3.1% in the second quarter. Advisory Services Network LLC now owns 3,349 shares of the semiconductor company’s stock valued at $261,000 after acquiring an additional 100 shares in the last quarter. North Star Asset Management Inc. boosted its holdings in Analog Devices by 3.8% in the second quarter. North Star Asset Management Inc. now owns 2,878 shares of the semiconductor company’s stock valued at $224,000 after acquiring an additional 106 shares in the last quarter. Finally, Frontier Wealth Management LLC boosted its holdings in Analog Devices by 9.4% in the second quarter. Frontier Wealth Management LLC now owns 2,697 shares of the semiconductor company’s stock valued at $210,000 after acquiring an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 87.08% of the company’s stock.

Analog Devices, Inc. (NASDAQ:ADI) opened at $96.14 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.13 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $35,440.00, a price-to-earnings ratio of 48.56, a price-to-earnings-growth ratio of 1.77 and a beta of 1.29. Analog Devices, Inc. has a 52-week low of $72.09 and a 52-week high of $98.38.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Tuesday, November 21st. The semiconductor company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.36 by $0.09. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. Analog Devices had a return on equity of 18.78% and a net margin of 14.22%. The company’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. equities research analysts forecast that Analog Devices, Inc. will post 5.2 EPS for the current fiscal year.

ADI has been the topic of several recent analyst reports. Stifel Nicolaus reiterated a “buy” rating and issued a $97.00 price target on shares of Analog Devices in a report on Monday, September 25th. BidaskClub upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Zacks Investment Research upgraded shares of Analog Devices from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a report on Tuesday, October 10th. SunTrust Banks reiterated a “buy” rating and issued a $106.00 price target on shares of Analog Devices in a report on Thursday, October 12th. Finally, Jefferies Group reiterated a “buy” rating and issued a $100.00 price target on shares of Analog Devices in a report on Thursday, October 19th. Eleven research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $97.21.

In other news, SVP Margaret K. Seif sold 7,000 shares of Analog Devices stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $84.53, for a total value of $591,710.00. Following the completion of the transaction, the senior vice president now owns 20,404 shares of the company’s stock, valued at approximately $1,724,750.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 100,000 shares of Analog Devices stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $85.17, for a total value of $8,517,000.00. The disclosure for this sale can be found here. Insiders have sold 186,066 shares of company stock valued at $16,159,623 in the last three months. Insiders own 1.10% of the company’s stock.

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Analog Devices Profile

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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