USA Financial Formulas Takes $911,000 Position in Analog Devices, Inc. $ADI

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USA Financial Formulas has acquired a new position of 3,358 shares in Analog Devices (ADI) during Q4, valued at approximately $911,000. Analog Devices reported a strong Q4 with higher-than-expected EPS and revenue, and analysts maintain a “Buy” rating with an average target price of $366.96. Despite recent insider selling, including by the CEO, institutional ownership remains high at 86.81%, while the company also increased its quarterly dividend.

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