Were Analysts Bearish Analog Devices, Inc. (NASDAQ:ADI) This Week?

November 15, 2017 - By Dolores Ford

 Were Analysts Bearish Analog Devices, Inc. (NASDAQ:ADI) This Week?
Investors sentiment decreased to 1.14 in 2017 Q2. Its down 1.62, from 2.76 in 2017Q1. It fall, as 66 investors sold Analog Devices, Inc. shares while 222 reduced holdings. 79 funds opened positions while 248 raised stakes. 313.75 million shares or 0.35% less from 314.84 million shares in 2017Q1 were reported.
Lpl Llc holds 0.01% or 21,870 shares in its portfolio. Caisse De Depot Et Placement Du Quebec holds 110,883 shares. Smithfield reported 39 shares. Schmidt P J Investment Mgmt invested in 0.82% or 34,780 shares. Thompson Inv Mngmt accumulated 0.04% or 3,066 shares. 25.19M are owned by Cap World Invsts. Gateway Investment Advisers Llc reported 0.28% stake. Louisiana State Employees Retirement Systems holds 0.09% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 22,800 shares. Envestnet Asset Mngmt accumulated 290,119 shares or 0.06% of the stock. Oakbrook Invests Limited Liability reported 13,481 shares. Silvercrest Asset Gru Limited Liability has 6,222 shares. Private Advisors reported 5,000 shares. 18,800 were reported by Marlowe Ltd Partnership. Page Arthur B stated it has 27,375 shares. Van Eck Associates Corp reported 292,588 shares.

Since May 22, 2017, it had 0 insider buys, and 4 insider sales for $4.60 million activity. 81 shares valued at $6,538 were sold by CHAMPY JAMES on Wednesday, June 7. SEIF MARGARET K sold $244,620 worth of stock. ROCHE VINCENT also sold $4.11M worth of Analog Devices, Inc. (NASDAQ:ADI) shares.

Analog Devices, Inc. (NASDAQ:ADI) Ratings Coverage

Among 28 analysts covering Analog Devices (NASDAQ:ADI), 17 have Buy rating, 0 Sell and 11 Hold. Therefore 61% are positive. Analog Devices had 98 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 30. The firm earned “Neutral” rating on Monday, January 18 by Nomura. As per Wednesday, July 27, the company rating was maintained by Barclays Capital. SunTrust maintained the stock with “Buy” rating in Wednesday, October 11 report. The firm earned “Buy” rating on Monday, January 18 by Stifel Nicolaus. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Reduce” rating given on Friday, June 2 by Nomura. The firm earned “Buy” rating on Wednesday, August 19 by SunTrust. Evercore upgraded the stock to “Buy” rating in Wednesday, July 27 report. On Monday, November 23 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Buy” rating on Wednesday, September 30 by Citigroup. Below is a list of Analog Devices, Inc. (NASDAQ:ADI) latest ratings and price target changes.

20/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $100.0 Maintain
19/10/2017 Broker: Jefferies Rating: Buy New Target: $105.0 Maintain
11/10/2017 Broker: SunTrust Rating: Buy New Target: $106.0 Maintain
02/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $95.0 Maintain
25/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $97.0 Maintain
11/09/2017 Broker: Jefferies Rating: Buy New Target: $100.0 Maintain
30/08/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $100.0 Maintain
30/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $100.0 Maintain
31/08/2017 Broker: Nomura Rating: Hold New Target: $80.0 Upgrade
30/08/2017 Broker: Oppenheimer Rating: Buy New Target: $100.0 Maintain

It closed at $90.44 lastly. It is down 45.85% since November 15, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Analog Devices, Inc. designs, makes and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. The company has market cap of $33.25 billion. The Company’s products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products. It has a 45.15 P/E ratio. The Firm is a supplier of data converter products.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) news were published by: Fool.com which released: “1 Big Reason to Buy Analog Devices” on October 29, 2017, also Streetinsider.com with their article: “Analog Devices (ADI) Announces Pact with China Mobile IoT” published on October 30, 2017, Nasdaq.com published: “Associated Banc-corp Buys Boston Scientific Corp, Analog Devices Inc …” on November 13, 2017. More interesting news about Analog Devices, Inc. (NASDAQ:ADI) were released by: Prnewswire.com and their article: “Lifshitz & Miller LLP Announces Investigation of Analog Devices, Inc …” published on November 11, 2017 as well as Businesswire.com‘s news article titled: “Analog Devices, Inc. to Report Fourth Quarter and Fiscal Year 2017 Financial …” with publication date: November 02, 2017.

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