4,823 Shares in Analog Devices, Inc. $ADI Bought by Ground Swell Capital LLC

Ground Swell Capital LLC acquired a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,823 shares of the semiconductor company’s stock, valued at approximately $1,913,000. Analog Devices accounts for approximately 4.5% of Ground Swell Capital LLC’s portfolio, making the stock its 2nd largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADI. Pensioenfonds Rail & OV acquired a new stake in shares of Analog Devices in the 3rd quarter worth approximately $9,309,000. IFG Advisory LLC increased its position in Analog Devices by 4.7% during the 3rd quarter. IFG Advisory LLC now owns 17,626 shares of the semiconductor company’s stock worth $6,992,000 after purchasing an additional 796 shares in the last quarter. AlTi Global Inc. raised its position in shares of Analog Devices by 13.9% in the third quarter. AlTi Global Inc. now owns 1,281 shares of the semiconductor company’s stock valued at $508,000 after buying an additional 156 shares during the last quarter. Phoenix Financial Ltd. raised its holdings in Analog Devices by 4.0% in the 3rd quarter. Phoenix Financial Ltd. now owns 6,484 shares of the semiconductor company’s stock valued at $2,573,000 after acquiring an additional 252 shares during the last quarter. Finally, Danske Bank A S increased its stake in Analog Devices by 9.4% in the third quarter. Danske Bank A S now owns 368,498 shares of the semiconductor company’s stock valued at $146,187,000 after purchasing an additional 31,529 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $425.46, for a total transaction of $4,254,600.00. Following the completion of the sale, the chief executive officer directly owned 125,670 shares in the company, valued at $53,467,558.20. This represents a 7.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard Puccio, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total value of $584,190.00. Following the completion of the transaction, the chief financial officer owned 48,177 shares in the company, valued at approximately $18,763,014.42. This trade represents a 3.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,436 shares of company stock valued at $20,681,906 over the last three months. Insiders own 0.36% of the company’s stock.

Analog Devices News Roundup

Here’s some of the latest news about ADI:

• Positive Sentiment: Roth Capital initiated coverage with a Buy rating and a $505 price target, citing Analog Devices’ growing content in AI infrastructure. Roth Capital Buy rating article
• Neutral Sentiment: An article reported fresh ETF buying in ADI, which may provide some demand support, while also raising the question of whether the stock is already expensive. ETF buying and valuation article
• Negative Sentiment: Zacks Research lowered its rating from Strong Buy to Hold, adding to near-term pressure. Zacks Research rating information

Analog Devices Trading Down 2.8%

Shares of NASDAQ ADI traded down $11.32 during trading on Friday, hitting $397.97. 3,114,598 shares of the company traded hands, compared to its average volume of 4,960,515. The firm has a market capitalization of $192.84 billion, a P/E ratio of 47.21, a P/E/G ratio of 0.99 and a beta of 1.24. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average price of $394.80 and a 200-day moving average price of $375.87. Analog Devices, Inc. has a 1 year low of $224.25 and a 1 year high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates 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 last year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts predict that Analog Devices, Inc. will post 12.88 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s payout ratio is 52.19%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ADI shares. JPMorgan Chase & Co. increased their target price on Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Sanford C. Bernstein raised shares of Analog Devices from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $430.00 to $465.00 in a research note on Wednesday, August 19th. Wells Fargo & Company cut their price objective on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a report on Thursday, August 20th. Finally, Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price objective on the stock in a report on Thursday, August 20th. Thirty equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $461.85.

Analog Devices Company Profile

Analog Devices, Inc. designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions. The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.