2,018 Shares in Analog Devices, Inc. $ADI Purchased by Sapient Capital LLC

Sapient Capital LLC bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,018 shares of the semiconductor company’s stock, valued at approximately $555,000.

Other hedge funds have also recently bought and sold shares of the company. Y.D. More Investments Ltd acquired a new position in Analog Devices during the third quarter worth about $32,000. LFA Lugano Financial Advisors SA grew its holdings in Analog Devices by 92.9% during the third quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 65 shares during the period. Albion Financial Group UT grew its holdings in Analog Devices by 41.4% during the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 36 shares during the period. Barnes Dennig Private Wealth Management LLC grew its holdings in Analog Devices by 61.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 49 shares during the period. Finally, Valley Wealth Managers Inc. acquired a new position in Analog Devices during the third quarter worth about $38,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CAO Michael Sondel sold 4,199 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total transaction of $1,515,922.98. Following the completion of the transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at $5,321,434.80. The trade was a 22.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the transaction, the chief executive officer owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. This trade represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 24,199 shares of company stock valued at $8,676,423. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of a number of research analyst reports. Bank of America lifted their target price on Analog Devices from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Cantor Fitzgerald lifted their price target on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Oppenheimer lifted their price target on Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Arete Research raised Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price target on the stock in a research note on Monday, March 30th. Finally, Weiss Ratings cut Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and an average target price of $381.27.

Key Headlines Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: ADI announced a definitive agreement to acquire Empower Semiconductor, a move that could boost its AI-focused power portfolio and broaden exposure to fast-growing AI infrastructure demand. Reuters report on Empower acquisition talks
• Positive Sentiment: The deal is designed to enhance ADI’s next-generation high-density power solutions for AI processors and data centers, potentially improving its competitive position in a key growth market. PR Newswire acquisition announcement
• Neutral Sentiment: ADI is also scheduled to report fiscal second-quarter earnings, so traders may be positioning ahead of results and management’s outlook for demand in industrial, communications, and AI markets. Schaeffers preview of ADI earnings
• Neutral Sentiment: Recent commentary suggests ADI has been benefiting from broader semiconductor tailwinds and strong AI-related momentum, which may be supporting the stock’s elevated valuation. Zacks preview of ADI before earnings

Analog Devices Stock Down 1.0%

Shares of ADI stock opened at $414.31 on Wednesday. Analog Devices, Inc. has a 12 month low of $206.00 and a 12 month high of $435.72. The firm has a market cap of $202.27 billion, a PE ratio of 75.74, a price-to-earnings-growth ratio of 1.68 and a beta of 1.19. The stock has a 50 day moving average of $357.19 and a 200-day moving average of $313.00. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping 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 company had revenue of $3.16 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. On average, equities analysts predict that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Company 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.