Deutsche Bank AG Acquires Shares of 1,690,609 Analog Devices, Inc. $ADI

Deutsche Bank AG acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,690,609 shares of the semiconductor company’s stock, valued at approximately $671,459,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Banque Transatlantique SA bought a new position in Analog Devices in the 4th quarter valued at about $25,000. Contravisory Investment Management Inc. bought a new stake in Analog Devices during the 2nd quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices during the 4th quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices in the fourth quarter worth approximately $27,000. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Analog Devices in the first quarter worth approximately $30,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total transaction of $534,355.92. Following the sale, the director directly owned 114,511 shares in the company, valued at $43,213,016.07. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at $49,926,294. This trade represents a 6.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 105,274 shares of company stock valued at $42,247,986. 0.36% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Oppenheimer lifted their target price on Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research report on Wednesday, May 20th. Raymond James Financial reissued an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Stifel Nicolaus raised their price objective on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings downgraded shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $441.00.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $390.28 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $190.10 billion, a PE ratio of 57.99, a PEG ratio of 1.01 and a beta of 1.20. The stock’s 50 day moving average price is $390.93 and its 200-day moving average price is $369.88. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period last year, the company posted $1.85 earnings per share. Analog Devices’s quarterly revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 12.42 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.