MV Capital Management Inc. Purchases Shares of 1,684 Analog Devices, Inc. $ADI

MV Capital Management Inc. purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,684 shares of the semiconductor company’s stock, valued at approximately $457,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the 4th quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in Analog Devices in the 4th quarter valued at approximately $27,000. Y.D. More Investments Ltd acquired a new position in Analog Devices during the 3rd quarter worth approximately $32,000. Albion Financial Group UT grew its stake in shares of Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 36 shares in the last quarter. Finally, Entrust Financial LLC bought a new position in shares of Analog Devices during the 4th quarter worth approximately $33,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $411.95, for a total transaction of $411,950.00. Following the completion of the transaction, the director directly owned 12,019 shares in the company, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total value of $573,988.56. Following the transaction, the director directly owned 120,175 shares in the company, valued at $48,169,745.25. The trade was a 1.18% 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 101,442 shares of company stock worth $40,422,954 in the last three months. 0.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ADI has been the topic of a number of research reports. Arete Research raised shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective on the stock in a research report on Monday, March 30th. Wells Fargo & Company raised their target price on shares of Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. TD Cowen lifted their price target on shares of Analog Devices from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. The Goldman Sachs Group restated a “buy” rating and set a $450.00 price objective on shares of Analog Devices in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. raised their price objective on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $432.71.

Analog Devices Stock Performance

Shares of ADI stock opened at $434.46 on Friday. The stock has a market cap of $211.62 billion, a P/E ratio of 64.56, a P/E/G ratio of 1.22 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The company has a fifty day moving average price of $401.55 and a two-hundred day moving average price of $340.66. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $439.70.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company’s quarterly revenue was up 37.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Analog Devices Company 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.