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Institutional investors boost stakes in Analog Devices after strong earnings; CEO sells shares.
Institutional investors have increased their stakes in Analog Devices, with several firms like Dogwood Wealth Management and Deutsche Bank purchasing more shares.
The semiconductor company reported strong earnings of $1.85 per share and revenue of $2.64 billion, beating analyst expectations.
Additionally, the CEO sold 10,000 shares, reducing his ownership by 13.35%.
Analog Devices has an average rating of "Moderate Buy" with a target price of $248.63.
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Los inversores institucionales aumentan las participaciones en Analog Devices después de fuertes ganancias; El CEO vende acciones.