LGT Group Foundation sold 34.3% of its Analog Devices stock, while Mitsubishi UFJ Asset Management increased its stake.

LGT Group Foundation reduced its Analog Devices, Inc. stock holdings by 34.3%, leaving it with 3,651 shares worth $833,000. Conversely, Mitsubishi UFJ Asset Management increased its stake by 4.3%. Analog Devices reported Q2 earnings of $1.58 per share, surpassing estimates, with revenue of $2.31 billion. The company announced a quarterly dividend of $0.92, payable September 17. Institutional investors collectively own 86.81% of the stock.

September 10, 2024
5 Articles

Further Reading