Analog Devices, Inc. (ADI) Shares Bought by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC raised its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 76.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,095 shares of the semiconductor company’s stock after acquiring an additional 2,215 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Analog Devices were worth $454,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ADI. Sit Investment Associates Inc. grew its stake in shares of Analog Devices by 381.1% in the 4th quarter. Sit Investment Associates Inc. now owns 1,275 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 1,010 shares in the last quarter. WFG Advisors LP grew its stake in shares of Analog Devices by 26.4% in the 2nd quarter. WFG Advisors LP now owns 1,579 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 330 shares in the last quarter. Fieldpoint Private Securities LLC grew its stake in shares of Analog Devices by 91.6% in the 3rd quarter. Fieldpoint Private Securities LLC now owns 1,475 shares of the semiconductor company’s stock valued at $127,000 after buying an additional 705 shares in the last quarter. Clear Perspective Advisors LLC grew its stake in shares of Analog Devices by 3,884.2% in the 3rd quarter. Clear Perspective Advisors LLC now owns 1,514 shares of the semiconductor company’s stock valued at $130,000 after buying an additional 1,476 shares in the last quarter. Finally, NEXT Financial Group Inc grew its stake in shares of Analog Devices by 64.4% in the 3rd quarter. NEXT Financial Group Inc now owns 1,532 shares of the semiconductor company’s stock valued at $136,000 after buying an additional 600 shares in the last quarter. 86.98% of the stock is currently owned by institutional investors.

Analog Devices, Inc. (ADI) opened at $91.19 on Friday. Analog Devices, Inc. has a 1-year low of $71.00 and a 1-year high of $93.99. The company has a market capitalization of $33,620.00, a P/E ratio of 46.06, a PEG ratio of 1.70 and a beta of 1.29. The company has a current ratio of 1.47, a quick ratio of 1.13 and a debt-to-equity ratio of 0.74.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Tuesday, November 21st. The semiconductor company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.09. Analog Devices had a return on equity of 18.78% and a net margin of 14.22%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. equities research analysts anticipate that Analog Devices, Inc. will post 5.2 EPS for the current year.

Several equities research analysts recently commented on ADI shares. Jefferies Group boosted their price target on Analog Devices to $110.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. BidaskClub raised Analog Devices from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. Stifel Nicolaus lowered their price target on Analog Devices from $100.00 to $98.00 and set a “buy” rating for the company in a research note on Wednesday, November 22nd. B. Riley boosted their price target on Analog Devices from $110.00 to $113.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $103.00 price target (up previously from $98.00) on shares of Analog Devices in a research note on Wednesday, November 22nd. Twelve equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Analog Devices has an average rating of “Buy” and a consensus target price of $97.21.

In related news, SVP Peter Real sold 4,505 shares of the company’s stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $89.43, for a total value of $402,882.15. Following the completion of the transaction, the senior vice president now directly owns 13,531 shares in the company, valued at $1,210,077.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 10,000 shares of the company’s stock in a transaction on Friday, January 5th. The shares were sold at an average price of $91.70, for a total value of $917,000.00. Following the completion of the transaction, the director now owns 179,481 shares of the company’s stock, valued at $16,458,407.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 178,566 shares of company stock valued at $15,473,748. Corporate insiders own 1.10% of the company’s stock.

WARNING: “Analog Devices, Inc. (ADI) Shares Bought by Jaffetilchin Investment Partners LLC” was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.themarketsdaily.com/2018/01/12/analog-devices-inc-adi-shares-bought-by-jaffetilchin-investment-partners-llc.html.

About Analog Devices

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Want to see what other hedge funds are holding ADI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analog Devices, Inc. (NASDAQ:ADI).

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

Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply