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: 24,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
15% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 120
0% less funds holding
Funds holding: 1,634 [Q2] → 1,629 (-5) [Q3]
2% less call options, than puts
Call options by funds: $1.38B | Put options by funds: $1.41B
4% less repeat investments, than reductions
Existing positions increased: 602 | Existing positions reduced: 626
5% less capital invested
Capital invested by funds: $108B [Q2] → $103B (-$5.27B) [Q3]
5.43% less ownership
Funds ownership: 95.67% [Q2] → 90.24% (-5.43%) [Q3]
21% less funds holding in top 10
Funds holding in top 10: 58 [Q2] → 46 (-12) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Truist Securities William Stein 51% 1-year accuracy 20 / 39 met price target | 5%upside $230 | Hold Maintained | 10 Jan 2025 |
Piper Sandler Harsh Kumar 53% 1-year accuracy 19 / 36 met price target | 1%upside $220 | Neutral Maintained | 27 Nov 2024 |
Morgan Stanley Joseph Moore 63% 1-year accuracy 36 / 57 met price target | 14%upside $248 | Overweight Maintained | 27 Nov 2024 |
TD Cowen Joshua Buchalter 13% 1-year accuracy 1 / 8 met price target | 19%upside $260 | Buy Maintained | 27 Nov 2024 |
Wells Fargo Gary Mobley 36% 1-year accuracy 8 / 22 met price target | 1%upside $220 | Equal-Weight Initiated | 22 Nov 2024 |
Financial journalist opinion
Based on 5 articles about ADI published over the past 30 days
