NewEdge Advisors LLC Buys 5,322 Shares of Analog Devices, Inc. $ADI
MarketBeat
NewEdge Advisors LLC increased its stake in Analog Devices, Inc. by 2.2%, acquiring an additional 5,322 shares, bringing their total holdings to 250,858 shares valued at approximately $99.6 million. This move is part of broader institutional interest, with 86.81% of Analog Devices stock owned by institutional investors. Analysts maintain a "Buy" rating for Analog Devices, with an average price target of $457.97, following strong quarterly earnings and a declared dividend.
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