Analog Devices, Inc. $ADI Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 38.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 683,138 shares of the semiconductor company’s stock after selling 424,244 shares during the quarter. Assenagon Asset Management S.A. owned about 0.14% of Analog Devices worth $185,267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howard Hughes Medical Institute purchased a new position in Analog Devices in the second quarter worth approximately $25,000. Clayton Financial Group LLC purchased a new stake in Analog Devices in the third quarter valued at $31,000. Y.D. More Investments Ltd purchased a new stake in Analog Devices in the third quarter valued at $32,000. LFA Lugano Financial Advisors SA lifted its stake in shares of Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Analog Devices in the 3rd quarter valued at $38,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Price Performance

ADI opened at $312.19 on Tuesday. The stock’s 50-day moving average price is $322.58 and its 200 day moving average price is $278.10. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $363.20. The firm has a market cap of $152.41 billion, a price-to-earnings ratio of 57.07, a PEG ratio of 1.42 and a beta of 1.00. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.Analog Devices’s revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd were issued a dividend of $1.10 per share. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

Analyst Ratings Changes

A number of analysts recently issued reports on ADI shares. Oppenheimer reissued an “outperform” rating and set a $400.00 price objective (up from $350.00) on shares of Analog Devices in a research report on Thursday, February 19th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $410.00 target price on shares of Analog Devices in a research report on Thursday, February 19th. UBS Group increased their target price on shares of Analog Devices from $400.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Cfra reiterated a “buy” rating and set a $280.00 price target on shares of Analog Devices in a research report on Tuesday, November 25th. Finally, Bank of America boosted their price target on shares of Analog Devices from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Analog Devices currently has an average rating of “Buy” and an average price target of $366.96.

Insider Activity at Analog Devices

In related news, CAO Michael Sondel sold 4,199 shares of Analog Devices stock in a transaction 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 transaction, the chief accounting officer directly owned 14,740 shares in the company, valued at approximately $5,321,434.80. This trade represents a 22.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 500 shares of the business’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the transaction, the senior vice president directly owned 12,710 shares of the company’s stock, valued at $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,449 shares of company stock worth $12,336,069 over the last 90 days. 0.36% of the stock is currently owned by corporate insiders.

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.