Analog Devices, Inc. $ADI Shares Sold by North Star Asset Management Inc.

North Star Asset Management Inc. decreased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 110,598 shares of the semiconductor company’s stock after selling 3,053 shares during the period. Analog Devices comprises approximately 1.2% of North Star Asset Management Inc.’s holdings, making the stock its 24th largest position. North Star Asset Management Inc.’s holdings in Analog Devices were worth $29,994,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ADI. Y.D. More Investments Ltd acquired a new position in Analog Devices during the 3rd quarter valued at about $32,000. LFA Lugano Financial Advisors SA increased its stake in Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 65 shares during the period. Albion Financial Group UT increased its stake in Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 36 shares during the period. Entrust Financial LLC acquired a new position in Analog Devices during the 4th quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC increased its stake in Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 49 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

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

Trending Headlines about Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analog Devices reported fiscal Q2 results that beat expectations, with revenue up 37.2% year over year and guidance for next quarter coming in above Wall Street estimates, reinforcing momentum in industrial, data center, and power products.
• Positive Sentiment: Several analysts raised price targets after the earnings beat, including Baird and Needham, signaling higher confidence in ADI’s execution and growth outlook.
• Positive Sentiment: ADI announced a $1.5 billion all-cash acquisition of Empower Semiconductor, a move aimed at strengthening its AI power solutions business as demand for AI infrastructure accelerates. Analog Devices Expands AI Power Strategy with $1.5B Empower Acquisition
• Positive Sentiment: Management also highlighted surging AI infrastructure demand, suggesting ADI is increasingly tied to the buildout of hyperscale and data center power/optical systems. Analog Devices CEO drops bombshell message on exploding AI infrastructure demand
• Neutral Sentiment: Analog Devices said CFO Richard Puccio will speak at the Bank of America Global Technology Conference on June 2, which could offer more color on business trends but is not a major fundamental event. Analog Devices to Participate in the Bank of America Global Technology Conference

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Piper Sandler raised their target price on shares of Analog Devices from $250.00 to $360.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Susquehanna raised their target price on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a research note on Thursday, February 19th. Sanford C. Bernstein reissued a “market perform” rating and set a $430.00 target price on shares of Analog Devices in a research note on Thursday. Finally, Benchmark raised their target price on shares of Analog Devices from $285.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average target price of $429.85.

Analog Devices Stock Performance

Shares of ADI opened at $397.07 on Friday. The firm’s 50 day moving average is $361.62 and its 200-day moving average is $315.79. The stock has a market capitalization of $193.41 billion, a P/E ratio of 59.00, a P/E/G ratio of 1.32 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.35. Analog Devices, Inc. has a 12-month low of $206.00 and a 12-month high of $435.72.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. During the same period last year, the company posted $1.85 earnings per share. The business’s revenue for the quarter was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 12.06 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

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.