Analog Devices, Inc. $ADI Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 281,085 shares of the semiconductor company’s stock after acquiring an additional 29,086 shares during the period. Handelsbanken Fonder AB’s holdings in Analog Devices were worth $76,230,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in Analog Devices by 12.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock worth $41,907,000 after purchasing an additional 19,383 shares in the last quarter. Nordea Investment Management AB boosted its position in Analog Devices by 247.3% during the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock worth $95,802,000 after acquiring an additional 249,702 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Analog Devices by 18.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company’s stock worth $5,094,000 after acquiring an additional 3,286 shares during the period. AE Wealth Management LLC boosted its position in Analog Devices by 26.4% during the 3rd quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after acquiring an additional 9,174 shares during the period. Finally, National Pension Service boosted its position in Analog Devices by 1.8% during the 3rd quarter. National Pension Service now owns 1,347,535 shares of the semiconductor company’s stock worth $331,089,000 after acquiring an additional 24,392 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ADI. Arete Research upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 price objective for the company in a research report on Monday, March 30th. Citigroup restated a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Bank of America raised their price objective on Analog Devices from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. The Goldman Sachs Group raised their price objective on Analog Devices from $300.00 to $370.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Cantor Fitzgerald raised their price objective on Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.27.

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $361.02, for a total value of $1,515,922.98. Following the completion of the sale, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. The trade was a 22.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00. Following the completion of the sale, the chief executive officer owned 187,538 shares of the company’s stock, valued at approximately $74,623,245.58. This trade represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 24,199 shares of company stock valued at $8,676,423. Corporate insiders own 0.36% of the company’s stock.

Analog Devices Stock Up 0.3%

Shares of Analog Devices stock opened at $418.58 on Tuesday. The firm has a market cap of $204.35 billion, a price-to-earnings ratio of 76.52, a P/E/G ratio of 1.68 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. Analog Devices, Inc. has a 52-week low of $206.00 and a 52-week high of $435.72. The stock has a 50-day simple moving average of $355.22 and a 200-day simple moving average of $311.74.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.15. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The firm’s revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 11.35 earnings per share for the current fiscal year.

About Analog Devices

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.