Freemont Management S.A. Reduces Stock Holdings in Analog Devices, Inc. $ADI
Freemont Management S.A. significantly reduced its stake in Analog Devices (NASDAQ:ADI) by 88.0% in the third quarter, selling 17,600 shares and retaining 2,400 shares valued at approximately $590,000. Despite this, Analog Devices reported a strong quarterly earnings beat with $2.26 EPS and $3.08 billion in revenue, leading to positive analyst upgrades and a consensus "Moderate Buy" rating. Insider selling has occurred, yet institutional ownership remains high at 86.81%, with the stock showing strong performance and a current dividend yield of 1.2%.
https://www.marketbeat.com/instant-alerts/filing-freemont-management-sa-reduces-stock-holdings-in-analog-devices-inc-adi-2026-02-13/