Lansdowne Partners UK LLP Purchases 4,913 Shares of Analog Devices, Inc. $ADI

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Lansdowne Partners UK LLP increased its stake in Analog Devices (NASDAQ:ADI) by 3.4% in the third quarter, acquiring 4,913 additional shares and bringing its total holdings to 151,401 shares valued at approximately $37.2 million. This move positions Analog Devices as the fund’s 10th largest holding, representing 2.4% of its portfolio. The report also highlights Analog Devices’ strong financial performance, including beating earnings expectations, raising its dividend, and receiving multiple analyst price target upgrades, despite recent insider share sales.

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