Stephens Inc. AR decreased its holdings in Adeia Inc. (NASDAQ:ADEA – Free Report) by 15.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 565,167 shares of the company’s stock after selling 106,442 shares during the period. Stephens Inc. AR owned about 0.51% of Adeia worth $13,581,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its stake in Adeia by 447.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,444 shares of the company’s stock valued at $25,000 after buying an additional 1,180 shares during the last quarter. IFP Advisors Inc purchased a new position in shares of Adeia during the 3rd quarter valued at about $28,000. Quarry LP boosted its position in shares of Adeia by 245.5% in the third quarter. Quarry LP now owns 1,586 shares of the company’s stock worth $27,000 after purchasing an additional 1,127 shares during the period. GHP Investment Advisors Inc. purchased a new stake in Adeia in the 1st quarter worth $58,000. Finally, Osaic Holdings Inc. grew its position in shares of Adeia by 714.9% during the second quarter. Osaic Holdings Inc. now owns 2,632 shares of the company’s stock worth $37,000 after purchasing an additional 2,309 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of analysts have issued reports on ADEA shares. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price target on shares of Adeia in a report on Tuesday, May 5th. Roth Capital restated a “buy” rating and issued a $43.00 price target on shares of Adeia in a research report on Tuesday, May 5th. Zacks Research lowered Adeia from a “hold” rating to a “strong sell” rating in a research report on Friday. BWS Financial restated a “buy” rating and issued a $30.00 price target on shares of Adeia in a report on Tuesday, May 5th. Finally, Weiss Ratings lowered Adeia from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Adeia presently has an average rating of “Moderate Buy” and an average price target of $33.60.
Adeia Stock Down 5.4%
Shares of ADEA traded down $1.59 during trading hours on Tuesday, hitting $27.74. The company had a trading volume of 314,541 shares, compared to its average volume of 1,540,312. The company has a current ratio of 3.44, a quick ratio of 3.44 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $3.06 billion, a PE ratio of 25.70 and a beta of 1.36. Adeia Inc. has a one year low of $11.61 and a one year high of $34.34. The company’s fifty day moving average price is $30.05 and its two-hundred day moving average price is $24.19.
Adeia (NASDAQ:ADEA – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.36 by $0.02. Adeia had a net margin of 26.50% and a return on equity of 39.49%. The firm had revenue of $104.77 million during the quarter, compared to analyst estimates of $99.72 million. As a group, equities analysts forecast that Adeia Inc. will post 1.15 earnings per share for the current fiscal year.
Adeia Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Tuesday, May 26th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, May 26th. Adeia’s payout ratio is presently 18.52%.
Adeia Company Profile
Adeia Inc (NASDAQ: ADEA) is a technology licensing company that focuses on acquiring, managing and monetizing intellectual property assets in the electronics and communications sectors. The company’s core business involves the strategic purchase of patent portfolios followed by the negotiation of licensing agreements, collaborative partnerships and, where necessary, enforcement actions to generate revenue from those assets. Adeia’s technology coverage spans semiconductor design, data communications, wireless networking, imaging systems and other advanced electronics applications.
By assembling a diversified collection of high-value patent families, Adeia works closely with original equipment manufacturers, semiconductor suppliers and service providers across North America, Europe and Asia.
Featured Stories
- Five stocks we like better than Adeia
- Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
- Silicon Starvation: Amazon Feasts on Legacy GPUs
- GE Vernova’s Power Surge Turns the Grid Into an AI Trade
- Orbiting Capital: Lawmakers Buy SpaceX Ahead of Index Inclusion
Receive News & Ratings for Adeia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adeia and related companies with MarketBeat.com's FREE daily email newsletter.
