Central Securities Corp reduced its stake in Analog Devices (NASDAQ:ADI) by 2.7% (10,000 shares), yet other large institutions increased their holdings, with overall institutional ownership at 86.8%. Despite accelerated insider selling, ADI reported strong quarterly earnings, exceeded revenue estimates, raised its dividend, and received increased price targets from analysts, maintaining a “Moderate Buy” consensus. The company’s AI-driven data center products are a significant growth driver, and it continues to outperform semiconductor peers.
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Analog Devices, Inc. $ADI Position Reduced by Central Securities Corp
Central Securities Corp reduced its stake in Analog Devices (NASDAQ:ADI) by 2.7% (10,000 shares), yet other large institutions increased their holdings, with overall institutional ownership at 86.8%. Despite accelerated insider selling, ADI reported strong quarterly earnings, exceeded revenue estimates, raised its dividend, and received increased price targets from analysts, maintaining a “Moderate Buy” consensus. The company’s AI-driven data center products are a significant growth driver, and it continues to outperform semiconductor peers.