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Explain this story: CX Institutional Grows Stock Position in Analog Devices, Inc. $ADI
CX Institutional significantly increased its stake in Analog Devices (NASDAQ:ADI) by 521.8% in the third quarter, holding 29,958 shares valued at $11.9 million. Analog Devices reported strong quarterly earnings, surpassing analyst estimates with EPS of $3.45 and revenue of $4.02 billion, a 39.2% year-over-year increase. The company also declared a quarterly dividend of $1.10 and maintains a "Moderate Buy" consensus rating from analysts.
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CX Institutional significantly increased its stake in Analog Devices (NASDAQ:ADI) by 521.8% in the third quarter, holding 29,958 shares valued at $11.9 million. Analog Devices reported strong quarterly earnings, surpassing analyst estimates with EPS of $3.45 and revenue of $4.02 billion, a 39.2% year-over-year increase. The company also declared a quarterly dividend of $1.10 and maintains a "Moderate Buy" consensus rating from analysts.
Article tone: Positive This describes the words the journalist used. It is not a prediction, and not advice.
Published Oct 2, 2026, 19:20 ET · on this site +1h 38m