Voleon Capital Management LP Cuts Stock Holdings in Analog Devices, Inc. $ADI

Voleon Capital Management LP lessened its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 73.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,470 shares of the semiconductor company’s stock after selling 6,948 shares during the period. Voleon Capital Management LP’s holdings in Analog Devices were worth $498,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ADI. China Universal Asset Management Co. Ltd. boosted its position in Analog Devices by 284.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after acquiring an additional 22,973 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in shares of Analog Devices during the 1st quarter worth $296,000. Keybank National Association OH boosted its position in Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock valued at $5,461,000 after purchasing an additional 12,505 shares in the last quarter. Eastern Bank grew its stake in Analog Devices by 6.0% in the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock valued at $39,664,000 after purchasing an additional 11,101 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its holdings in Analog Devices by 4.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company’s stock worth $1,224,000 after purchasing an additional 251 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the sale, the director owned 167,571 shares of the company’s stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock worth $9,529,113 in the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

Shares of ADI opened at $248.18 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The company’s fifty day moving average price is $238.91 and its 200-day moving average price is $220.15. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The firm has a market capitalization of $122.09 billion, a PE ratio of 63.31, a price-to-earnings-growth ratio of 2.12 and a beta of 1.08.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the business posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices’s payout ratio is 101.02%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ADI. Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Benchmark raised their target price on shares of Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Cowen reiterated a “buy” rating on shares of Analog Devices in a report on Friday, May 23rd. Finally, The Goldman Sachs Group initiated coverage on Analog Devices in a research note on Thursday, July 10th. They set a “buy” rating and a $285.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $273.53.

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.