MASTERINVEST Kapitalanlage GmbH Sells 4,183 Shares of Analog Devices, Inc. $ADI

MASTERINVEST Kapitalanlage GmbH cut its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 60.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,794 shares of the semiconductor company’s stock after selling 4,183 shares during the quarter. MASTERINVEST Kapitalanlage GmbH’s holdings in Analog Devices were worth $889,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ethos Financial Group LLC acquired a new position in Analog Devices during the first quarter worth about $504,000. SouthState Bank Corp boosted its stake in shares of Analog Devices by 8.9% in the 1st quarter. SouthState Bank Corp now owns 452 shares of the semiconductor company’s stock valued at $144,000 after purchasing an additional 37 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of Analog Devices by 67.6% in the 1st quarter. Sigma Planning Corp now owns 4,550 shares of the semiconductor company’s stock valued at $1,448,000 after purchasing an additional 1,835 shares in the last quarter. Checchi Capital Advisers LLC grew its holdings in shares of Analog Devices by 5.6% during the 1st quarter. Checchi Capital Advisers LLC now owns 5,316 shares of the semiconductor company’s stock valued at $1,691,000 after purchasing an additional 280 shares during the last quarter. Finally, Roberts Glore & Co. Inc. IL acquired a new position in Analog Devices during the 1st quarter worth approximately $206,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Down 0.5%

Shares of ADI opened at $390.96 on Thursday. The company has a market capitalization of $190.43 billion, a PE ratio of 58.09, a PEG ratio of 1.10 and a beta of 1.18. Analog Devices, Inc. has a 12 month low of $218.37 and a 12 month high of $445.91. The stock’s 50-day moving average price is $407.81 and its two-hundred day moving average price is $356.10. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21.

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

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is currently 65.38%.

Insider Activity

In other news, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total value of $12,453,900.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $57,096,149.94. This represents a 17.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Martin Cotter sold 17,594 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This trade represents a 23.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 103,858 shares of company stock worth $42,062,730 in the last 90 days. 0.36% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ADI has been the subject of several research reports. Fundamental Research set a $550.00 price objective on shares of Analog Devices in a research note on Monday, June 29th. Needham & Company LLC boosted their target price on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Argus set a $460.00 price target on Analog Devices in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group raised their price objective on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $441.00.

About Analog Devices

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.