Analog Devices, Inc.

NASDAQ Global Select
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Bullish +65

Altshuler Shaham Ltd Trims Stock Position in Analog Devices, Inc. $ADI

AI-generated analysis

📉 Altshuler Shaham Ltd decreased its ADI stake by 47.0% in Q1, selling 190,890 shares while retaining 214,990 shares valued at $68.4 million.

📈 Vanguard Group increased its holdings by 1.0% to own over 50.8 million shares worth $13.8 billion in the fourth quarter.

🏦 Bank of America Corp DE significantly boosted its position by 42.8%, purchasing an additional 2.9 million shares valued at $2.6 billion.

🇳🇴 Norges Bank entered the market with a new position in ADI worth approximately $2.2 billion during the fourth quarter.

💰 Insiders sold a total of 103,858 shares worth $42 million over the last quarter, including sales by Director Karen Golz and SVP Martin Cotter.

📊 ADI reported Q1 revenue of $3.62 billion, representing a 37.2% increase compared to the same quarter in the prior year.

💹 The company beat earnings estimates with $3.09 EPS versus a consensus of $2.89 and achieved a net margin of 26.01%.

📅 Analog Devices provided Q3 2026 guidance ranging from $3.15 to $3.45 per share for earnings per share.

💵 The firm paid a quarterly dividend of $1.10 on June 16th, resulting in an annualized yield of 1.2% and a payout ratio of 65.38%.

📉 ADI stock trades at a P/E ratio of 54.36 with a market capitalization of $178.19 billion as of the reporting period.

Bullish Signals
  • ADI reported quarterly revenue of $3.62 billion, which is up 37.2% year-over-year, demonstrating strong top-line growth.
  • The company beat analyst earnings estimates with EPS of $3.09 compared to the consensus expectation of $2.89.
  • Major institutional investors including Vanguard Group, State Street Corp, Morgan Stanley, and Bank of America Corp increased their holdings in Q4.
  • Norges Bank initiated a new position worth approximately $2.2 billion, indicating significant institutional confidence.
  • The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.21 and a current ratio of 1.75.
  • Analysts anticipate full-year EPS of $12.42, suggesting continued positive market expectations for the semiconductor leader.
Risk Factors
  • Insiders sold a total of 103,858 shares worth $42 million in the last quarter, including significant reductions by SVP Martin Cotter and Director Karen Golz.
  • Altshuler Shaham Ltd reduced its stake by 47.0% in Q1, indicating a notable decrease in position from this specific institutional investor.
Full Analysis
Altshuler Shaham Ltd significantly reduced its stake in Analog Devices, Inc. (ADI) by 47.0% in the first quarter, selling 190,890 shares to hold a remaining position of 214,990 shares valued at approximately $68.4 million. This move contrasts with several major institutional investors who increased their holdings in the fourth quarter, including Vanguard Group, State Street Corp, Morgan Stanley, and Bank of America Corp, which collectively boosted their positions ranging from 0.4% to 42.8%. Norges Bank also initiated a new position worth roughly $2.2 billion during this period. Insider trading activity shows mixed signals with Director Karen Golz selling 1,000 shares and SVP Martin Cotter reducing his stake by over 23%, contributing to a total of 103,858 shares sold by insiders worth $42 million in the last quarter. Despite these insider sales, ADI reported strong financial performance in its latest quarterly earnings released on May 20th, beating analyst expectations with revenue of $3.62 billion and EPS of $3.09. The company continues to demonstrate robust growth with quarterly revenue up 37.2% year-over-year and a net margin of 26.01%. Analog Devices has set Q3 2026 guidance between $3.15 and $3.45 per share, while maintaining a healthy balance sheet with a debt-to-equity ratio of 0.21 and paying a quarterly dividend of $1.10 to shareholders.