2,810 Shares in Analog Devices, Inc. $ADI Acquired by Pointe Capital Management LLC

Pointe Capital Management LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADIFree Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 2,810 shares of the semiconductor company’s stock, valued at approximately $1,116,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Banque Transatlantique SA acquired a new position in shares of Analog Devices during the fourth quarter worth $25,000. Contravisory Investment Management Inc. purchased a new position in Analog Devices in the second quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new stake in Analog Devices in the second quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices in the fourth quarter valued at $26,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in Analog Devices during the 4th quarter worth about $27,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the completion of the sale, the chief executive officer owned 137,538 shares in the company, valued at $49,926,294. This represents a 6.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the firm’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the transaction, the director directly owned 11,019 shares in the company, valued at $4,295,536.77. The trade was a 8.32% 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. In the last three months, insiders have sold 45,274 shares of company stock valued at $17,889,486. 0.36% of the stock is currently owned by insiders.

Trending Headlines about Analog Devices

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

  • Positive Sentiment: Robert W. Baird raised its price target on Analog Devices to $675 from $450 and maintained an “outperform” rating, implying substantial potential upside based on the referenced price. The aggressive revision may reinforce bullish investor sentiment. Analog Devices To Rally Around 81%? Here Are 10 Top Analyst Forecasts For Monday
  • Positive Sentiment: Analog Devices’ automotive business is reportedly growing faster than the overall vehicle market, helped by demand for advanced driver-assistance systems, infotainment and electric-vehicle powertrains. Continued momentum into the fourth quarter supports the company’s growth outlook. Can ADI’s Automotive Segment Sustain Its Growth Momentum?
  • Positive Sentiment: Coverage highlights Analog Devices as an indirect beneficiary of the artificial-intelligence buildout, with exposure to AI infrastructure without requiring the exceptionally high capital expenditures associated with some semiconductor peers. This 61-Year-Old Tech Stock Silently Became an AI Superstar
  • Positive Sentiment: Analyst-oriented research points to ADI’s solid growth characteristics and argues that growth investors may be underappreciating its return potential. 3 Reasons Why Growth Investors Shouldn’t Overlook Analog Devices
  • Neutral Sentiment: Wall Street analyst coverage remains a key driver of investor decisions, but the article questions how reliably brokerage recommendations predict future performance. Wall Street Analysts Think Analog Devices Is a Good Investment: Is It?
  • Neutral Sentiment: The reported August short-interest data shows zero shares short and a zero-day short-interest ratio, but the accompanying “NaN” change suggests a data-quality or reporting issue rather than a meaningful shift in positioning.
  • Negative Sentiment: Semiconductor stocks broadly sold off as investors reduced risk ahead of Nvidia’s earnings, creating sector-wide pressure that could weigh on ADI despite its company-specific growth catalysts. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

Analog Devices Stock Up 0.7%

ADI opened at $373.66 on Wednesday. The business’s 50-day simple moving average is $386.27 and its 200-day simple moving average is $372.29. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. The stock has a market capitalization of $181.06 billion, a P/E ratio of 44.33, a price-to-earnings-growth ratio of 0.75 and a beta of 1.20.

Analog Devices (NASDAQ:ADIGet Free Report) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The business’s quarterly revenue was up 39.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Analysts Set New Price Targets

A number of research firms have recently commented on ADI. Sanford C. Bernstein upgraded Analog Devices from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $430.00 to $465.00 in a report on Wednesday, August 19th. Jefferies Financial Group upped their price target on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Fundamental Research set a $550.00 price target on shares of Analog Devices in a research note on Monday, June 29th. Raymond James Financial reissued an “outperform” rating and set a $430.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Finally, Morgan Stanley boosted 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. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $454.63.

Read Our Latest Research Report on ADI

Analog Devices Profile

(Free Report)

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.

See Also

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:ADIFree Report).

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

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