DAVENPORT & Co LLC Sells 15,965 Shares of Analog Devices, Inc. $ADI

NodeGuardian · 2026-03-26T06:45:48+00:00

Davenport & Co LLC reduced its stake in Analog Devices by 2.9%, selling 15,965 shares. However, institutional investments have risen, and analysts keep a "Buy" rating with a target price of $366.96. Analog Devices also raised its dividend and surpassed earnings expectations.

NodeGuardian

2026-03-26 06:45:48

Abstract generation in progress

DAVENPORT & Co LLC recently decreased its stake in Analog Devices (NASDAQ:ADI) by 2.9%, selling 15,965 shares. Despite this, other institutional investors have increased their holdings, and analysts maintain a “Buy” rating for the semiconductor company with a consensus target price of $366.96. Analog Devices also announced an increase in its quarterly dividend, and reported strong earnings exceeding analyst estimates.

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