7,428 Analog Devices, Inc. $ADI Shares Sold by Fenimore Asset Management Inc

Fenimore Asset Management Inc decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 464,537 shares of the semiconductor company’s stock after selling 7,428 shares during the period. Analog Devices makes up approximately 4.0% of Fenimore Asset Management Inc’s holdings, making the stock its 5th largest holding. Fenimore Asset Management Inc’s holdings in Analog Devices were worth $184,286,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ADI. BlackRock Inc. purchased a new position in shares of Analog Devices during the 2nd quarter valued at about $18,610,868,000. State Street Corp grew its position in Analog Devices by 0.4% during the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after acquiring an additional 88,538 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Analog Devices during the second quarter worth approximately $3,573,081,000. Van ECK Associates Corp boosted its stake in shares of Analog Devices by 24.7% in the 2nd quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after purchasing an additional 1,670,957 shares in the last quarter. Finally, Amundi grew its holdings in shares of Analog Devices by 5.3% during the 1st quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock valued at $1,604,771,000 after purchasing an additional 254,632 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Ray Stata sold 1,416 shares of the firm’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 owned 114,511 shares of the company’s stock, valued at $43,213,016.07. This trade represents a 1.22% decrease in their ownership of the stock. The sale 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, CFO Richard Puccio, Jr. sold 2,683 shares of Analog Devices stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the completion of the sale, the chief financial officer owned 54,177 shares in the company, valued at approximately $20,292,537.12. This trade represents a 4.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,631 shares of company stock worth $17,657,267 in the last ninety days. Insiders own 0.36% of the company’s stock.

Analog Devices Trading Down 1.0%

Shares of Analog Devices stock traded down $4.15 during trading on Thursday, reaching $405.93. 3,703,405 shares of the stock were exchanged, compared to its average volume of 4,050,445. 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 market cap of $196.70 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 1.30 and a beta of 1.22. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The stock’s fifty day moving average is $378.46 and its 200 day moving average is $382.55.

Analog Devices (NASDAQ:ADI) last announced 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. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.Analog Devices’s revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities research analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

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

Analog Devices News Roundup

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

• Positive Sentiment: Analysts remain constructive. Bank of America identified ADI among the strongest analog semiconductor performers. The stock maintains a “Moderate Buy” consensus rating, with an average price target of approximately $460, above recent trading levels. Analog Devices, STMicro and TI seen as strongest analog performers: BofA
• Positive Sentiment: New customer and industry applications support growth prospects. Lekha Wireless is integrating ADI radio technology into 5G and 4G products. Separately, ADI is collaborating with Moët Hennessy and UC Davis on AI-enabled chemical-signature detection for wine production. These projects are strategically positive, although they are unlikely to materially affect near-term earnings. Lekha Wireless to integrate Analog Devices radio technology
• Neutral Sentiment: Fundamentals remain strong, but expectations are high. ADI’s latest quarter exceeded earnings and revenue estimates, while revenue increased 39.2% year over year. However, a valuation near 49 times earnings leaves the shares vulnerable to profit-taking if growth slows or guidance disappoints.
• Negative Sentiment: Recent insider selling is weighing on sentiment. CFO Richard Puccio sold 1,500 shares for about $632,000, and Director Ray Stata sold 1,416 shares for approximately $595,000. The transactions were made under pre-arranged Rule 10b5-1 plans and the executives retain substantial holdings, reducing their significance as a fundamental warning. Nevertheless, multiple recent insider sales can pressure the stock in the short term. Analog Devices SEC insider transaction filing

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Piper Sandler set a $460.00 price target on shares of Analog Devices in a research note on Tuesday, September 8th. Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 target price (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Evercore reduced their price target on Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Finally, Morgan Stanley lifted their price target on Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. One 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $460.09.

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.