Varma Mutual Pension Insurance Co Sells 6,300 Shares of Analog Devices, Inc. $ADI

by · The Cerbat Gem

Varma Mutual Pension Insurance Co lessened its holdings in Analog Devices, Inc. (NASDAQ:ADIFree Report) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 91,159 shares of the semiconductor company’s stock after selling 6,300 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Analog Devices were worth $24,722,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ADI. Amundi lifted its position in shares of Analog Devices by 44.8% in the third quarter. Amundi now owns 6,215,129 shares of the semiconductor company’s stock worth $1,507,740,000 after purchasing an additional 1,922,302 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Analog Devices by 29.2% in the third quarter. Raymond James Financial Inc. now owns 4,829,931 shares of the semiconductor company’s stock worth $1,186,714,000 after purchasing an additional 1,091,004 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Analog Devices by 684.6% in the third quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock worth $211,871,000 after purchasing an additional 752,411 shares in the last quarter. Rafferty Asset Management LLC lifted its position in shares of Analog Devices by 47.5% in the second quarter. Rafferty Asset Management LLC now owns 1,802,338 shares of the semiconductor company’s stock worth $428,992,000 after purchasing an additional 580,546 shares in the last quarter. Finally, Van ECK Associates Corp lifted its position in shares of Analog Devices by 10.1% in the third quarter. Van ECK Associates Corp now owns 5,886,294 shares of the semiconductor company’s stock worth $1,446,262,000 after purchasing an additional 541,760 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $318.14, for a total value of $3,181,400.00. Following the transaction, the chief executive officer directly owned 167,826 shares in the company, valued at $53,392,163.64. The trade was a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the completion of the transaction, the director owned 123,821 shares in the company, valued at approximately $39,288,403.30. This represents a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 17,324 shares of company stock worth $5,688,885 over the last ninety days. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ADI. Jefferies Financial Group reissued a “buy” rating and issued a $410.00 price objective on shares of Analog Devices in a research report on Thursday, February 19th. Oppenheimer reissued an “outperform” rating and issued a $400.00 price objective (up from $350.00) on shares of Analog Devices in a research report on Thursday, February 19th. Needham & Company LLC raised shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target on the stock in a research report on Thursday, February 19th. Robert W. Baird set a $365.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $370.69.

Read Our Latest Report on Analog Devices

Analog Devices Stock Performance

NASDAQ ADI opened at $397.69 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm’s fifty day moving average price is $341.55 and its two-hundred day moving average price is $299.32. Analog Devices, Inc. has a 1 year low of $194.26 and a 1 year high of $408.37. The firm has a market capitalization of $194.15 billion, a P/E ratio of 72.70, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19.

Analog Devices (NASDAQ:ADIGet Free Report) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the company earned $1.63 earnings per share. The company’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. As a group, research analysts anticipate that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were issued a $1.10 dividend. This is an increase from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio is presently 80.44%.

About Analog Devices

(Free Report)

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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