1,741 Shares in Analog Devices, Inc. $ADI Purchased by StoneRidge PMG Advisors LLC

StoneRidge PMG Advisors LLC acquired a new position in Analog Devices, Inc. (NASDAQ:ADI) during the third quarter, HoldingsChannel.com reports. The fund acquired 1,741 shares of the semiconductor company’s stock, valued at approximately $691,000.

Several other large investors have also recently bought and sold shares of ADI. Beverly Hills Private Wealth LLC grew its stake in shares of Analog Devices by 11.9% in the third quarter. Beverly Hills Private Wealth LLC now owns 1,725 shares of the semiconductor company’s stock valued at $684,000 after buying an additional 184 shares in the last quarter. Hohimer Wealth Management LLC raised its position in Analog Devices by 7.0% during the third quarter. Hohimer Wealth Management LLC now owns 2,190 shares of the semiconductor company’s stock worth $869,000 after acquiring an additional 144 shares in the last quarter. Almanack Investment Partners LLC. raised its position in Analog Devices by 21.4% during the third quarter. Almanack Investment Partners LLC. now owns 1,124 shares of the semiconductor company’s stock worth $446,000 after acquiring an additional 198 shares in the last quarter. M Holdings Securities Inc. bought a new stake in Analog Devices during the third quarter worth $375,000. Finally, Brighton Jones LLC lifted its stake in Analog Devices by 34.3% in the third quarter. Brighton Jones LLC now owns 5,526 shares of the semiconductor company’s stock valued at $2,192,000 after acquiring an additional 1,410 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $425.46, for a total transaction of $4,254,600.00. Following the transaction, the chief executive officer owned 125,670 shares in the company, valued at $53,467,558.20. This represents a 7.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the transaction, the insider directly owned 14,849 shares in the company, valued at $6,162,631.98. This represents a 7.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 52,436 shares of company stock worth $20,681,906. Company insiders own 0.36% of the company’s stock.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $363.56 on Monday. The stock’s fifty day moving average price is $390.52 and its two-hundred day moving average price is $373.48. The firm has a market cap of $176.17 billion, a price-to-earnings ratio of 43.13, a P/E/G ratio of 0.88 and a beta of 1.24. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same period in the prior year, the company posted $2.05 earnings per share. Analog Devices’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 13.00 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s payout ratio is currently 52.19%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ADI. Wells Fargo & Company lowered their price objective on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research note on Thursday, August 20th. Arete Research upped their target price on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and raised their target price for the company from $430.00 to $465.00 in a research note on Wednesday, August 19th. Piper Sandler set a $460.00 price target on Analog Devices in a report on Tuesday, September 8th. Finally, BMO Capital Markets initiated coverage on Analog Devices in a research report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $460.55.

Analog Devices Profile

Analog Devices, Inc designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions.

The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.