MQS Management LLC Sells 917 Shares of Analog Devices, Inc. $ADI

MQS Management LLC lessened its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 48.9% in the second quarter, HoldingsChannel.com reports. The fund owned 959 shares of the semiconductor company’s stock after selling 917 shares during the period. MQS Management LLC’s holdings in Analog Devices were worth $228,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RMG Wealth Management LLC bought a new position in Analog Devices in the 2nd quarter valued at approximately $26,000. Activest Wealth Management lifted its stake in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares during the last quarter. N.E.W. Advisory Services LLC bought a new position in Analog Devices in the 1st quarter valued at approximately $33,000. North Capital Inc. bought a new position in Analog Devices in the 1st quarter valued at approximately $36,000. Finally, Saudi Central Bank bought a new position in Analog Devices in the 1st quarter valued at approximately $39,000. Institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the sale, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the sale, the chief executive officer owned 140,118 shares of the company’s stock, valued at $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ADI has been the subject of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday, October 8th. Morgan Stanley increased their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. KeyCorp raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, The Goldman Sachs Group started coverage on shares of Analog Devices in a research note on Thursday, July 10th. They set a “buy” rating and a $285.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Trading Up 2.1%

NASDAQ:ADI opened at $243.01 on Tuesday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $119.55 billion, a price-to-earnings ratio of 61.99, a PEG ratio of 2.01 and a beta of 1.09. The firm has a fifty day simple moving average of $244.58 and a two-hundred day simple moving average of $228.55. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

Analog Devices Profile

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.