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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.
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LGT Group Foundation vendió el 34,3% de sus acciones de Analog Devices, mientras que Mitsubishi UFJ Asset Management aumentó su participación.