Analog Devices, Inc. $ADI Shares Sold by Fire Capital Management LLC

Fire Capital Management LLC decreased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 10.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,478 shares of the semiconductor company’s stock after selling 178 shares during the period. Fire Capital Management LLC’s holdings in Analog Devices were worth $352,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ADI. RMG Wealth Management LLC purchased a new stake in Analog Devices during the second quarter worth approximately $26,000. Activest Wealth Management grew its stake in 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 buying an additional 127 shares during the period. N.E.W. Advisory Services LLC purchased a new stake in Analog Devices during the first quarter worth approximately $33,000. North Capital Inc. purchased a new stake in Analog Devices during the first quarter worth approximately $36,000. Finally, Saudi Central Bank purchased a new stake in Analog Devices during the first quarter worth 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 the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director owned 5,118 shares in the company, valued at $1,242,343.32. This trade 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.

Analysts Set New Price Targets

Several research firms have issued reports on ADI. Stifel Nicolaus boosted their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Benchmark boosted their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Morgan Stanley boosted their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Citigroup restated a “buy” rating and issued a $290.00 target price (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. 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 company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Stock Down 1.5%

Shares of NASDAQ:ADI opened at $239.35 on Wednesday. The stock has a market capitalization of $117.75 billion, a price-to-earnings ratio of 61.06, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The company’s fifty day moving average is $244.76 and its two-hundred day moving average is $228.98. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32.

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. Equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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.