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Czech National Bank has increased its stake in the semiconductor company, Analog Devices, Inc. by 46.4% in the third quarter. The bank now owns 87,638 shares worth $15,345,000. Other investors with changed positions in the stock include Concord Wealth Partners, Halpern Financial Inc., Duncker Streett & Co. Inc., Magellan Asset Management Ltd, and Archer Investment Corp. Together, institutional investors own 85.55% of the company’s stock.

Analog Devices stocks traded down $0.04 during midday trading on Wednesday but has a 1-year low of $154.99 and a 1-year high of $202.77. The company recently reported $2.01 earnings per share for the quarter, which is slightly below the consensus estimate. EVP Vivek Jain sold 17,038 shares of the firm’s stock at an average price of $183.66.

The company also disclosed a quarterly dividend of $0.86 and several research analysts weighed in on the stock. Analog Devices currently has a “Moderate Buy” rating among analysts.



Read more: Czech National Bank Buys 27,756 Shares of Analog Devices, Inc. (NASDAQ:ADI)