Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 25,908 Shares of Analog Devices, Inc. $ADI

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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.

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