Analog DevicesADI
About: Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Employees: 26,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% less call options, than puts
Call options by funds: $1.37B | Put options by funds: $1.4B
4% less repeat investments, than reductions
Existing positions increased: 596 | Existing positions reduced: 621
4% less capital invested
Capital invested by funds: $102B [Q2] → $97.8B (-$4.54B) [Q3]
1% less funds holding
Funds holding: 1,633 [Q2] → 1,614 (-19) [Q3]
4.75% less ownership
Funds ownership: 90.49% [Q2] → 85.74% (-4.75%) [Q3]
12% less first-time investments, than exits
New positions opened: 136 | Existing positions closed: 155
22% less funds holding in top 10
Funds holding in top 10: 58 [Q2] → 45 (-13) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Gary Mobley 41% 1-year accuracy 9 / 22 met price target | 3%upside $220 | Equal-Weight Initiated | 22 Nov 2024 |
Cantor Fitzgerald C J Muse 43% 1-year accuracy 35 / 81 met price target | 17%upside $250 | Neutral Reiterated | 8 Oct 2024 |
Truist Securities William Stein 55% 1-year accuracy 21 / 38 met price target | 9%upside $233 | Hold Downgraded | 23 Sept 2024 |
Financial journalist opinion
Based on 8 articles about ADI published over the past 30 days
