Avity Investment Management Inc. Makes New $2.66 Million Investment in Analog Devices, Inc. $ADI

Avity Investment Management Inc. bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,705 shares of the semiconductor company’s stock, valued at approximately $2,660,000.

Several other large investors also recently bought and sold shares of the stock. Contravisory Investment Management Inc. acquired a new stake in Analog Devices in the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Analog Devices during the second quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in shares of Analog Devices during the second quarter worth approximately $32,000. Cornerstone Financial Management LLC increased its stake in shares of Analog Devices by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock worth $31,000 after buying an additional 28 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Analog Devices in the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total transaction of $3,969,400.00. Following the sale, the chief executive officer directly owned 115,460 shares in the company, valued at approximately $45,830,692.40. The trade was a 7.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the company’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the transaction, the insider directly owned 40,428 shares in the company, valued at approximately $16,437,216.24. This trade represents a 7.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 51,936 shares of company stock valued at $19,820,594 in the last quarter. Corporate insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on ADI. Needham & Company LLC boosted their price target on shares of Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Morgan Stanley lifted their price objective on shares of Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Robert W. Baird boosted their target price on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Finally, BMO Capital Markets began coverage on Analog Devices in a report on Thursday, August 20th. They issued an “outperform” rating and a $430.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus price target of $460.09.

Analog Devices News Summary

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

• Positive Sentiment: Analyst outlook remains constructive. TD Cowen maintained a Buy rating and a $460 price target, above ADI’s recent trading level. Wall Street’s broader consensus remains “Moderate Buy,” with an average target near $460. TD Cowen keeps $460 target for Analog Devices
• Positive Sentiment: ADI is expanding its communications technology footprint. India-based Lekha Wireless plans to integrate Analog Devices radio technology into 4G and 5G products. The agreement is unlikely to materially change near-term earnings, but it reinforces ADI’s exposure to communications infrastructure and 5G demand. Lekha Wireless to integrate Analog Devices technology
• Neutral Sentiment: Reported short interest was zero. The October 9 report lists no shares sold short and a 0.0-day short-interest ratio. This could remove a source of bearish pressure, although the unusual figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Neutral Sentiment: Strong fundamentals are balanced by a demanding valuation. ADI’s latest quarter exceeded earnings and revenue expectations, with revenue increasing 39.2% year over year. The stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking if growth or AI-related semiconductor demand disappoints.
• Negative Sentiment: Several insiders have sold shares. Director Ray Stata sold 1,416 shares for approximately $594,777, CFO Richard Puccio sold 1,500 shares for about $631,620, and Vivek Jain sold a combined 5,305 shares worth roughly $2.16 million. The transactions were made under pre-arranged Rule 10b5-1 plans and do not necessarily indicate weakening business prospects, but the cluster of sales may weigh on sentiment. Analog Devices insider buying and selling

Analog Devices Stock Performance

ADI stock traded up $0.26 during trading on Friday, hitting $406.19. The company had a trading volume of 2,004,449 shares, compared to its average volume of 4,039,902. The firm has a 50-day moving average price of $379.24 and a 200-day moving average price of $383.23. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The firm has a market cap of $196.83 billion, a PE ratio of 48.18, a price-to-earnings-growth ratio of 1.27 and a beta of 1.22. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91.

Analog Devices (NASDAQ:ADI) last released its 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 analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The business’s revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts expect that Analog Devices, Inc. will post 12.96 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 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Analog Devices 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.