State of Alaska Department of Revenue Trims Stock Position in Analog Devices, Inc. $ADI

13 Apr 2026, 07:36 by Amy Steele · The Cerbat Gem

State of Alaska Department of Revenue lessened its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 9.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,914 shares of the semiconductor company’s stock after selling 5,325 shares during the period. State of Alaska Department of Revenue’s holdings in Analog Devices were worth $13,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Clayton Financial Group LLC purchased a new position in Analog Devices in the third quarter valued at $31,000. Y.D. More Investments Ltd purchased a new position in Analog Devices in the third quarter valued at $32,000. LFA Lugano Financial Advisors SA increased its holdings in Analog Devices by 92.9% in the third 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 in the last quarter. Albion Financial Group UT increased its holdings in Analog Devices by 41.4% in the fourth 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 in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its holdings in Analog Devices by 61.3% in the fourth 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 in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the subject of a number of recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price objective (up from $350.00) on shares of Analog Devices in a report on Thursday, February 19th. The Goldman Sachs Group lifted their price objective on shares of Analog Devices from $300.00 to $370.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Arete Research upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $389.00 target price on the stock in a research report on Monday, March 30th. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, KeyCorp lifted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $367.81.

Check Out Our Latest Report on Analog Devices

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total value of $991,562.50. Following the transaction, the director directly owned 123,821 shares in the company, valued at $39,288,403.30. The trade was a 2.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the completion of the transaction, the chief executive officer owned 155,688 shares in the company, valued at $47,783,760.96. The trade was a 6.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 30,449 shares of company stock worth $9,687,054. 0.36% of the stock is owned by insiders.

Analog Devices Stock Performance

ADI opened at $350.14 on Monday. The firm has a market capitalization of $170.94 billion, a PE ratio of 64.01, a PEG ratio of 1.61 and a beta of 1.05. Analog Devices, Inc. has a twelve month low of $167.20 and a twelve month high of $363.20. The firm’s 50-day moving average price is $328.16 and its 200 day moving average price is $285.76. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI – Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. Analog Devices’s quarterly revenue was up 30.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, March 3rd. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.

Analog Devices Company Profile

(Free Report)

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.