Cidel Asset Management cut its stake in Analog Devices, which beat Q4 earnings forecasts.

Cidel Asset Management Inc. significantly reduced its stake in Analog Devices, Inc. (ADI), ending up with 7,145 shares valued at $1.52 million. Several other major investors also adjusted their holdings in the company. Analog Devices reported a Q4 EPS of $1.67, slightly surpassing analysts' expectations, with revenue of $2.44 billion also exceeding forecasts. Meanwhile, AMD faced adjustments from institutional investors and mixed analyst ratings, while Micron Technology saw positive earnings and increased institutional investment.

1 month ago
17 Articles