The Public Sector Pension Investment Board significantly increased its stake in Analog Devices, Inc. (ADI) by 63.8% during the third quarter, making it their 21st largest position. Other institutional investors also adjusted their holdings in the semiconductor company. Insider trading activity included sales by a director and a senior vice president, while several Wall Street analysts have issued “Buy” or “Outperform” ratings for ADI, with a consensus target price of $314.87.
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Public Sector Pension Investment Board Boosts Stock Position in Analog Devices, Inc. $ADI
The Public Sector Pension Investment Board significantly increased its stake in Analog Devices, Inc. (ADI) by 63.8% during the third quarter, making it their 21st largest position. Other institutional investors also adjusted their holdings in the semiconductor company. Insider trading activity included sales by a director and a senior vice president, while several Wall Street analysts have issued “Buy” or “Outperform” ratings for ADI, with a consensus target price of $314.87.