Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 38.9% in the third quarter, selling 25,908 shares. Despite this, other institutional investors like Vanguard Group Inc. and State Street Corp increased their holdings. The article also details Analog Devices’ strong Q1 earnings, raised Q2 guidance, dividend increase, and positive analyst sentiment, emphasizing its growth driven by AI/data-center demand.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 25,908 Shares of Analog Devices, Inc. $ADI
Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 38.9% in the third quarter, selling 25,908 shares. Despite this, other institutional investors like Vanguard Group Inc. and State Street Corp increased their holdings. The article also details Analog Devices’ strong Q1 earnings, raised Q2 guidance, dividend increase, and positive analyst sentiment, emphasizing its growth driven by AI/data-center demand.