2,047 Shares in Analog Devices, Inc. $ADI Acquired by RiverFront Investment Group LLC

RiverFront Investment Group LLC purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 2,047 shares of the semiconductor company’s stock, valued at approximately $555,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sapient Capital LLC acquired a new position in Analog Devices during the 4th quarter worth approximately $555,000. North Dakota State Investment Board acquired a new position in Analog Devices during the 4th quarter worth approximately $4,614,000. Elyxium Wealth LLC acquired a new position in Analog Devices during the 4th quarter worth approximately $87,000. United Bank lifted its position in Analog Devices by 16.4% during the 4th quarter. United Bank now owns 7,486 shares of the semiconductor company’s stock worth $2,030,000 after acquiring an additional 1,055 shares in the last quarter. Finally, Soltis Investment Advisors LLC lifted its position in Analog Devices by 2.5% during the 4th quarter. Soltis Investment Advisors LLC now owns 6,630 shares of the semiconductor company’s stock worth $1,798,000 after acquiring an additional 161 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the completion of the sale, the chief executive officer directly owned 187,538 shares in the company, valued at approximately $74,623,245.58. The trade was a 5.06% decrease in their position. The sale was disclosed in a legal 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, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer owned 14,740 shares of the company’s stock, valued at $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 24,199 shares of company stock valued at $8,676,423 over the last quarter. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Shares of ADI opened at $418.58 on Tuesday. The business’s 50 day moving average is $355.22 and its two-hundred day moving average is $311.74. Analog Devices, Inc. has a 52-week low of $206.00 and a 52-week high of $435.72. The firm has a market cap of $204.35 billion, a price-to-earnings ratio of 76.52, a PEG ratio of 1.68 and a beta of 1.19. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the company posted $1.63 EPS. Analog Devices’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Analysts forecast that Analog Devices, Inc. will post 11.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ADI. Piper Sandler boosted their price target on Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Bank of America upped their target price on Analog Devices from $400.00 to $425.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Wells Fargo & Company upped their target price on Analog Devices from $410.00 to $470.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research report on Monday, March 30th. Finally, Stifel Nicolaus upped their target price on Analog Devices from $405.00 to $450.00 and gave the company a “buy” rating in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $381.27.

Analog Devices 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.