Analog Devices, Inc. $ADI Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank
by Teresa Graham · The Cerbat GemZurcher Kantonalbank Zurich Cantonalbank decreased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 4.7% in the 4th quarter, Holdings Channel reports. The firm owned 401,979 shares of the semiconductor company’s stock after selling 20,045 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Analog Devices were worth $109,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. 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 valued at $33,000 after acquiring an additional 36 shares during the period. Clayton Financial Group LLC acquired a new stake in shares of Analog Devices during the 3rd quarter worth approximately $31,000. Barnes Dennig Private Wealth Management LLC raised its position in shares of Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 49 shares during the period. Y.D. More Investments Ltd bought a new stake in shares of Analog Devices in the 3rd quarter worth approximately $32,000. Finally, LFA Lugano Financial Advisors SA boosted its position in Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the period. 86.81% of the stock is currently owned by institutional investors.
Insider Activity at Analog Devices
In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00. Following the completion of the sale, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. This represents a 6.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the transaction, the director owned 123,821 shares of the company’s stock, valued at approximately $39,288,403.30. This trade represents a 2.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 27,324 shares of company stock valued at $8,758,085 over the last 90 days. 0.36% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
ADI has been the subject of a number of recent research reports. Robert W. Baird set a $365.00 price objective on Analog Devices in a research note on Thursday, February 19th. UBS Group raised their target price on Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Stifel Nicolaus set a $405.00 price target on shares of Analog Devices and gave the company a “buy” rating in a report on Wednesday, February 18th. The Goldman Sachs Group upped their price target on shares of Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $370.69.
View Our Latest Research Report on Analog Devices
Analog Devices Price Performance
Shares of NASDAQ:ADI opened at $371.45 on Monday. Analog Devices, Inc. has a 12 month low of $171.00 and a 12 month high of $372.45. The stock has a market cap of $181.34 billion, a price-to-earnings ratio of 67.91, a PEG ratio of 1.49 and a beta of 1.05. The stock’s 50 day moving average price is $331.78 and its 200 day moving average price is $289.62. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35.
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.15. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the company posted $1.63 EPS. The firm’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.
Analog Devices Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were paid a dividend of $1.10 per share. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is 80.44%.
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.
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