Analog Devices, Inc. (ADI) Sees Significant Growth in Short Interest

Analog Devices (NASDAQ:ADI) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research note issued on Wednesday, April 4th. In the last quarter, insiders sold 62,511 shares of company stock valued at $5,680,276. 4,375,966 shares of the company were exchanged, compared to its average volume of 3,008,696. Tableau Software, Inc. (NYSE:DATA) has risen 69.12% since April 20, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

RPC, Inc. provides a range of oilfield services and equipment for gas and oil companies involved in the exploration, production, and development of gas and oil properties in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, and the Middle East. Finally, Credit Suisse Group AG began coverage on shares of Analog Devices in a research report on Tuesday, March 14th. ADI's profit will be $506.63 million for 17.34 P/E if the $1.37 EPS becomes a reality. The stock increased 0.40% or $0.31 during the last trading session, reaching $76.04. These shares are worth $359,348 and were traded at $93.41 each. AmTrust Financial Services, Inc. Now we look at the Moving Averages, the 200-day is 3.26%, the 50-day is -0.59% and the 20-day is -1.4%. It has underperformed by 5.56% the S&P500.

Since October 23, 2017, it had 0 insider purchases, and 18 selling transactions for $12.92 million activity. $640,640 worth of Analog Devices, Inc. SEIF MARGARET K sold $640,640 worth of Analog Devices, Inc. After $1.42 actual EPS reported by Analog Devices, Inc. for the previous quarter, Wall Street now forecasts -3.52% negative EPS growth. (NASDAQ:ADI) for 41,336 shs. Neuberger Berman Group LLC now owns 4,303,569 shares of the semiconductor company's stock worth $370,839,000 after purchasing an additional 2,123,268 shares during the period. STATA RAY sold $921,300 worth of stock or 10,000 shares.

Analysts await Analog Devices, Inc. The rating was maintained by UBS with "Neutral" on Friday, January 15. Shares for $366,080 were sold by Henderson Gregory N.

Leader of the Pack becomes co-owner of the Bucks
He's supported the Badgers during their sporting events, attended Bucks games, and has been a fan of the Brewers. Rodgers and Bucks forward Giannis Antetokounmpo are two of the biggest stars in their respective sports.

Broker's Roundup on Crescent Pt Energy (CPG)
It was registered an increase on Crescent Point Energy Corporation Ordinary Shares ( NYSE : CPG)'s shares shorted with 0.3%. Td Asset Mgmt Inc accumulated 8.99 million shs. ( NYSE : CPG ), with 3 analysts believing it is a strong buy. ( NYSE :VZ).

Morgan Stanley (MS) and Coeur Mining, Inc. (CDE) Go Head-to-head
After having $0.08 EPS previously, Coeur Mining, Inc .'s analysts see -150.00% EPS growth . (NYSE: CDE ) for 24,906 shs. The company was upgraded on Tuesday, November 21 by Raymond James. (NYSE: CDE ) on Sunday, January 7 with "Buy" rating.

In total 19 analysts cover Analog Devices (NASDAQ:ADI). Therefore 70% are positive. On Friday, October 20 the stock of Analog Devices, Inc. (NYSE:RES) rating on Wednesday, January 6. (NASDAQ:ADI) on Wednesday, November 23 to "Buy" rating. Cap Rech Glob Investors has 0.02% invested in Analog Devices, Inc. The stock of EKF Diagnostics Holdings plc (LON:EKF) has "Hold" rating given on Thursday, November 26 by N+1 Singer. The company was downgraded on Thursday, August 20 by Nomura. SunTrust maintained the stock with "Hold" rating in Wednesday, January 24 report. The company was initiated on Thursday, June 2 by Goldman Sachs. Eleven analysts have issued estimates for Analog Devices' earnings. The firm has "Buy" rating by BMO Capital Markets given on Wednesday, January 24. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. The rating was maintained by BMO Capital Markets with "Outperform" on Thursday, March 1.

While Analog Devices' investments are aimed at strengthening the product line and countering increasing competition, the policy of returning cash through dividends and share buybacks ensures investor loyalty. P/E is a popular valuation ratio of a company's current share price compared to its per-share earnings (trailing twelve months).

Shares of Analog Devices (NASDAQ:ADI) opened at 79.03 on Thursday. 46 funds opened positions while 83 raised stakes. The hedge fund run by Josh Resnick held 952,495 shares of the technology company at the end of 2017Q4, valued at $65.91 million, up from 889,495 at the end of the previous reported quarter. Fieldpoint Private Securities LLC grew its holdings in shares of Analog Devices by 91.6% during the 3rd quarter. Moreover, Fiduciary Tru has 0.15% invested in Analog Devices, Inc. (NASDAQ:ADI). Boston Family Office Limited Liability has 13,262 shares. Old National Bancorp who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $33.23B market cap company. Finally, Alkeon Capital Management LLC boosted its position in shares of Analog Devices by 25.1% during the 3rd quarter. Oppenheimer Asset Inc reported 131,434 shares or 0.3% of all its holdings. Deltec Asset Mngmt Limited Liability Corporation invested 0.77% in Analog Devices, Inc. (NASDAQ:ADI) for 3,300 shares. Deprince Race And Zollo Incorporated invested 0.44% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) was sold by Hassett Joseph on Thursday, December 14. Btim Corp reported 2,964 shares stake. (NASDAQ:ADI). Exane Derivatives invested in 0.24% or 15,894 shares. Cornerstone Advsrs holds 23,500 shs. Its up 0.29, from 0.94 in 2017Q3. It is positive, as 78 investors sold CTL shares while 110 reduced holdings. 16,431 are owned by Trust Inv Advsr. Fdx Advisors reported 0.01% of its portfolio in RPC, Inc. Gateway Advisers Limited holds 301,614 shares. Comml Bank Of America De holds 0.04% or 2.97M shares in its portfolio. Oakworth Cap holds 0.08% or 3,926 shares. (NASDAQ:ADI). Prudential Public Limited Com accumulated 1.47M shares or 0.4% of the stock. (NYSE:CTL). Davenport Ltd Liability Corporation invested in 17,760 shares or 0% of the stock. Dekabank Deutsche Girozentrale accumulated 33,613 shs. (NYSE:CTL) or 14,740 shares. Advisory Serv Ntwk Ltd Liability Company has 195 shares for 0% of their portfolio. Grandfield Dodd Lc accumulated 292,040 shares.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.