Analog Devices, Inc. $ADI Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 98.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,034 shares of the semiconductor company’s stock after selling 178,489 shares during the period. Curated Wealth Partners LLC’s holdings in Analog Devices were worth $807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Banque Transatlantique SA purchased a new stake in Analog Devices during the fourth quarter worth $25,000. Contravisory Investment Management Inc. acquired a new stake in Analog Devices during the second quarter valued at $25,000. Manning & Napier Advisors LLC purchased a new position in Analog Devices in the second quarter valued at $25,000. Nvwm LLC increased its holdings in Analog Devices by 590.0% in the third quarter. Nvwm LLC now owns 69 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 59 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in Analog Devices in the first quarter valued at $30,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $420.04, for a total transaction of $594,776.64. Following the completion of the sale, the director owned 108,847 shares of the company’s stock, valued at $45,720,093.88. The trade was a 1.28% 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katsufumi Nakamura sold 1,200 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the transaction, the insider owned 14,849 shares of the company’s stock, valued at approximately $6,162,631.98. This trade represents a 7.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is owned by company insiders.

Analog Devices Price Performance

Analog Devices stock opened at $403.95 on Friday. The company’s fifty day moving average price is $382.64 and its 200 day moving average price is $386.46. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The stock has a market capitalization of $195.74 billion, a P/E ratio of 47.92, a P/E/G ratio of 1.25 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm’s revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Evercore decreased their price objective on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Fundamental Research set a $550.00 price target on Analog Devices in a research note on Monday, June 29th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $480.00 price target (up from $450.00) on shares of Analog Devices in a report on Wednesday, August 19th. Finally, Sanford C. Bernstein raised Analog Devices from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $430.00 to $465.00 in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $460.09.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.