Good Life Advisors LLC Cuts Holdings in Analog Devices, Inc. $ADI

Good Life Advisors LLC cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 28.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,433 shares of the semiconductor company’s stock after selling 568 shares during the period. Good Life Advisors LLC’s holdings in Analog Devices were worth $341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ADI. Activest Wealth Management increased its position in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares in the last quarter. RMG Wealth Management LLC acquired a new position in Analog Devices during the second quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices in the first quarter valued at about $33,000. Saudi Central Bank purchased a new stake in shares of Analog Devices during the first quarter worth about $39,000. Finally, Nova Wealth Management Inc. acquired a new position in shares of Analog Devices during the 1st quarter worth about $42,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In other news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total value of $719,406.25. Following the transaction, the director owned 142,571 shares of the company’s stock, valued at $32,821,269.91. This represents a 2.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $234.95, for a total value of $2,349,500.00. Following the sale, the chief executive officer directly owned 163,640 shares of the company’s stock, valued at $38,447,218. The trade was a 5.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 62,240 shares of company stock valued at $15,301,891. 0.33% of the stock is currently owned by company insiders.

Analog Devices Stock Down 1.1%

Shares of NASDAQ:ADI opened at $234.89 on Friday. 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 P/E ratio of 59.92, a PEG ratio of 1.98 and a beta of 1.09. The business has a fifty day moving average of $240.54 and a two-hundred day moving average of $233.33. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ADI shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Analog Devices in a report on Thursday. Piper Sandler raised their target price on Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Wells Fargo & Company boosted their price target on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $277.89.

Read Our Latest Analysis on Analog Devices

Analog Devices Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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