Global Trust Asset Management LLC Has $365,000 Stock Position in Analog Devices, Inc. $ADI

Global Trust Asset Management LLC cut its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,533 shares of the semiconductor company’s stock after selling 150 shares during the quarter. Global Trust Asset Management LLC’s holdings in Analog Devices were worth $365,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ADI. Activest Wealth Management raised its position in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 127 shares during the last quarter. Alpine Bank Wealth Management bought a new position in Analog Devices during the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC bought a new position in Analog Devices during the 1st quarter worth approximately $33,000. North Capital Inc. bought a new stake in shares of Analog Devices in the 1st quarter valued at $36,000. Finally, Wolff Wiese Magana LLC boosted its stake in shares of Analog Devices by 209.8% in the 1st quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 128 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Citigroup restated a “buy” rating and issued a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Raymond James Financial raised Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, June 18th. JPMorgan Chase & Co. lifted their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Noble Financial raised Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. Finally, Barclays raised their target price on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average target price of $273.53.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 20,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares of the company’s stock, valued at $5,979,629.35. This represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the transaction, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. This represents a 16.55% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,240 shares of company stock valued at $10,300,738. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Up 0.0%

Shares of NASDAQ:ADI opened at $247.56 on Monday. The business’s 50 day simple moving average is $239.79 and its two-hundred day simple moving average is $222.25. The firm has a market cap of $121.79 billion, a P/E ratio of 63.15, a PEG ratio of 2.09 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the prior year, the company earned $1.58 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently declared 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. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Analog Devices Profile

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.