Oak Thistle LLC Reduces Stock Holdings in Analog Devices, Inc. $ADI

Oak Thistle LLC lessened its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 76.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 865 shares of the semiconductor company’s stock after selling 2,780 shares during the quarter. Oak Thistle LLC’s holdings in Analog Devices were worth $213,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Howard Hughes Medical Institute acquired a new position in Analog Devices during the second quarter worth about $25,000. Activest Wealth Management raised its position in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in Analog Devices in the 2nd quarter valued at approximately $26,000. Saudi Central Bank acquired a new stake in Analog Devices during the 1st quarter valued at $39,000. Finally, Nova Wealth Management Inc. acquired a new stake in Analog Devices during the 1st quarter valued at $42,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In related news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director directly owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 5,000 shares of Analog Devices stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $271.19, for a total value of $1,355,950.00. Following the completion of the transaction, the senior vice president owned 59,664 shares in the company, valued at $16,180,280.16. The trade was a 7.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 40,419 shares of company stock worth $10,249,017. 0.33% of the stock is owned by corporate insiders.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: BofA raised its price target to $320 (from $290) and kept a Buy rating — this signals confidence in a multi‑year, AI/upgrade-driven demand cycle that supports longer‑term upside. BofA Raises ADI Target
• Positive Sentiment: UBS lifted its target and reiterated a Buy — another major shop increasing its valuation supports positive analyst momentum and can attract institutional buying. UBS Lifts ADI Target
• Positive Sentiment: Truist raised its price target to $291 (from $258) — even though it remains a “Hold,” the higher target narrows upside risk and supports the stock at current levels. Truist Raises ADI Target
• Positive Sentiment: Zacks and other shops have raised several near‑term and multi‑year EPS estimates for ADI — upward revisions to earnings forecasts are supportive of valuation expansion and give analysts cover to lift targets. (Source: compile of Zacks/MarketBeat notes)
• Neutral Sentiment: Seeking Alpha notes “high growth across industrials” for ADI — thematic growth is encouraging, but execution and margin retention will determine stock impact. ADI Sees High Growth Across Industrials
• Neutral Sentiment: Valuation debate: a Yahoo Finance piece asks whether ADI’s ~110% five‑year run leaves substantial upside at current levels — raises the risk that momentum stalls if growth expectations slip. Has ADI’s 110% Five Year Surge Left Much Upside?
• Negative Sentiment: Insider selling: SVP Martin Cotter sold ~5,000 shares (~$1.36M) and director Ray Stata sold 3,125 shares (~$873k). While insider sales can be routine, clustered sales may raise short‑term sentiment pressure. Martin Cotter Sells ADI Stock Ray Stata Form 4

Analog Devices Stock Down 0.2%

ADI opened at $274.44 on Friday. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $284.23. The business has a 50-day moving average of $250.17 and a two-hundred day moving average of $242.40. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.19 and a quick ratio of 1.68. The stock has a market capitalization of $134.38 billion, a price-to-earnings ratio of 60.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.04.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.04. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. The business had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period in the prior year, the firm posted $1.67 EPS. The company’s revenue was up 25.9% on a year-over-year basis. On average, research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Monday, December 8th will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, December 8th. Analog Devices’s dividend payout ratio (DPR) is 86.84%.

Wall Street Analyst Weigh In

ADI has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Analog Devices from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. UBS Group lifted their price objective on Analog Devices from $280.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Evercore ISI cut their target price on shares of Analog Devices from $303.00 to $282.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. Cfra reaffirmed a “buy” rating and set a $280.00 price target on shares of Analog Devices in a research note on Tuesday, November 25th. Finally, BNP Paribas Exane began coverage on shares of Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $287.22.

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.