Analog Devices, Inc. $ADI Shares Sold by Bailard Inc.

Bailard Inc. trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 22.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 990 shares of the semiconductor company’s stock after selling 287 shares during the quarter. Bailard Inc.’s holdings in Analog Devices were worth $236,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ADI. Vanguard Group Inc. increased its stake in Analog Devices by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock worth $9,975,681,000 after purchasing an additional 359,841 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Analog Devices by 5.7% in the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock worth $2,770,448,000 after buying an additional 633,425 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after buying an additional 2,407,460 shares during the period. Raymond James Financial Inc. increased its position in shares of Analog Devices by 0.3% in the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after acquiring an additional 12,666 shares in the last quarter. Finally, Amundi raised its holdings in shares of Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the business’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer owned 23,515 shares of the company’s stock, valued at $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total value of $719,406.25. Following the sale, the director owned 142,571 shares of the company’s stock, valued at approximately $32,821,269.91. This trade represents a 2.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 62,240 shares of company stock valued at $15,301,891. Insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Benchmark raised their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. Truist Financial upped their price target on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research report on Thursday, August 21st. Piper Sandler raised their price objective on Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Analog Devices in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $277.89.

Analog Devices Trading Down 1.1%

Shares of NASDAQ ADI opened at $234.89 on Monday. The business has a 50 day simple moving average of $240.54 and a 200 day simple moving average of $233.89. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The stock has a market cap of $115.56 billion, a price-to-earnings ratio of 59.92, a PEG ratio of 1.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company’s revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts predict that Analog Devices, Inc. will post 7.14 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 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is presently 101.02%.

Analog Devices Company Profile

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.