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Exchange Traded Concepts LLC Purchases 9,161 Shares of Analog Devices, Inc. $ADI
Exchange Traded Concepts LLC increased its stake in Analog Devices, Inc. (NASDAQ:ADI) by 17.8% during the fourth quarter, acquiring 9,161 shares to hold a total of 60,567 shares valued at $16.43 million. Analog Devices reported strong Q1 results, exceeding EPS and revenue expectations, and provided optimistic Q2 2026 guidance. The company has received multiple analyst upgrades and price target increases, with a consensus “Buy” rating and an average price target of $366.96.