Analog Devices, Inc. $ADI Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. lowered its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,195 shares of the semiconductor company’s stock after selling 1,267 shares during the period. Bessemer Group Inc.’s holdings in Analog Devices were worth $5,759,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Activest Wealth Management raised its position in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Analog Devices in the second quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices in the first quarter valued at approximately $33,000. North Capital Inc. acquired a new position in shares of Analog Devices in the first quarter valued at approximately $36,000. Finally, Saudi Central Bank acquired a new position in shares of Analog Devices in the first quarter valued at approximately $39,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Transactions at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director directly owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,115 shares of company stock worth $12,232,985 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Evercore ISI boosted their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. KeyCorp upped their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research report on Wednesday, October 8th. Citigroup reaffirmed a “buy” rating and set a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Finally, Truist Financial upped their price target on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Trading Down 1.8%

Shares of NASDAQ:ADI opened at $235.04 on Thursday. The company has a market cap of $115.63 billion, a PE ratio of 59.96, a P/E/G ratio of 2.02 and a beta of 1.09. The company’s 50-day moving average price is $244.56 and its 200 day moving average price is $229.37. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.7%. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Analog Devices 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.