Bailard Inc. Cuts Stake in Analog Devices, Inc. $ADI

Bailard Inc. decreased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 22.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 990 shares of the semiconductor company’s stock after selling 287 shares during the period. Bailard Inc.’s holdings in Analog Devices were worth $236,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Activest Wealth Management lifted 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 purchasing an additional 127 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Analog Devices during the 2nd quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new position in Analog Devices in the 1st quarter worth $33,000. Saudi Central Bank purchased a new position in Analog Devices in the 1st quarter valued at about $39,000. Finally, Nova Wealth Management Inc. acquired a new stake in shares of Analog Devices during the first quarter valued at about $42,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total value of $719,406.25. Following the sale, the director owned 142,571 shares of the company’s stock, valued at approximately $32,821,269.91. The trade was a 2.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward H. Frank sold 1,000 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 62,240 shares of company stock valued at $15,301,891. 0.33% of the stock is currently owned by insiders.

Analog Devices Stock Down 1.1%

Shares of Analog Devices stock opened at $234.89 on Monday. The stock has a market capitalization of $115.56 billion, a price-to-earnings ratio of 59.92, a PEG ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The business’s 50 day simple moving average is $240.54 and its 200-day simple moving average is $233.89.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the business earned $1.58 EPS. The firm’s 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. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is currently 101.02%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Wells Fargo & Company boosted their price target on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Piper Sandler increased their target price on Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Cantor Fitzgerald raised their price target on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Evercore ISI upped their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Finally, Zacks Research lowered shares of Analog Devices from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight 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 price target of $277.89.

Analog Devices Company 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.