BetterWealth LLC Purchases Shares of 1,497 Analog Devices, Inc. $ADI

BetterWealth LLC bought a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,497 shares of the semiconductor company’s stock, valued at approximately $476,000.

A number of other institutional investors have also recently made changes to their positions in ADI. Banque Transatlantique SA bought a new stake in Analog Devices during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices during the 4th quarter valued at about $26,000. Gordian Capital Singapore Pte Ltd bought a new position in shares of Analog Devices during the 4th quarter valued at about $27,000. Entrust Financial LLC bought a new stake in Analog Devices in the 4th quarter worth approximately $33,000. Finally, Albion Financial Group UT boosted its stake in Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after buying an additional 36 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 30,000 shares of the business’s stock in a transaction dated 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 in the company, valued at $57,096,149.94. The trade was a 17.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total value of $7,354,292.00. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders have sold 91,442 shares of company stock worth $37,241,554 over the last three months. 0.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ADI shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 target price on shares of Analog Devices in a report on Wednesday, May 20th. Bank of America upped their price objective on shares of Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Needham & Company LLC lifted their price target on Analog Devices from $400.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Robert W. Baird raised their target price on shares of Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, KeyCorp raised their price target on Analog Devices from $430.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $439.79.

Analog Devices Stock Performance

ADI opened at $388.98 on Thursday. Analog Devices, Inc. has a 12-month low of $218.37 and a 12-month high of $445.91. The company’s 50 day moving average is $409.44 and its 200 day moving average is $348.36. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. The company has a market cap of $189.47 billion, a price-to-earnings ratio of 57.80, a PEG ratio of 1.11 and a beta of 1.18.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business’s revenue for the quarter was up 37.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities research 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 paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio is presently 65.38%.

Analog Devices 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.