Analog Devices, Inc. (ADI): Analyzing Basic Trading Data

In the past 52-week period, shares of Analog Devices, Inc. (NASDAQ:ADI) have moved within the range of $70.26 to $93.99. On the stock’s most recent trading day, the company’s shares ended the regular session at $85.41, which is 9.13% lower than its 52-week high.

Analog Devices, Inc. (ADI) has demonstrated a 20-day simple moving average (SMA) of -3.82%, and a 50-day SMA of -3.75%. This public company’s current market capitalization stands at $31.32 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When thinking about buying shares in a public company, it is useful to gauge the average enthusiasm level of Wall Street analysts for that specific stock. According to the latest data, the consensus recommendation for Analog Devices, Inc. (ADI) is Outperform.

When it comes to quarterly financial results, publicly-traded companies usually post earnings and revenue figures that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Oct. 2017, Analog Devices, Inc. (ADI) delivered a 2.54% surprise with its net revenue. Sales reached $1.54 billion during the three-month period, compared to the average analyst estimate of $1.5 billion.

Meanwhile, during the same quarter Analog Devices, Inc. (ADI) delivered a 6.35% earnings surprise. Net earnings for the quarter were posted at $1.45 per share, whereas Wall Street had forecast $1.36 per share.

Ownership at Analog Devices, Inc. (ADI), According to Most Recent SEC Filings

Investors can gain useful insight on institutional ownership within a public company by taking a look at the organization’s most recent 13F filings. Analog Devices, Inc. (ADI) has 0 billion shares outstanding currently, 88.43% of which belong to institutional investors. Those institutional holdings amount to $27.65 billion.

Additionally, according to the most recent 13F filing from Analog Devices, Inc. (ADI), there were 101 new positions totaling 2,347,212 shares of the company’s stock. There were 59 sold out positions, on the other hand, totaling 1,287,460 shares.

Short, Medium and Long Term Indicators

By looking at a stock’s average trade volume – in the short, medium, and long terms – we can gain a better understanding of investor sentiment and trading activity. Analog Devices, Inc. (ADI) has had a 20-day average volume of 3,317,260 shares, with an average of 60% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,379,774 shares, with an average of 50% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,382,620 shares with 67% of long-term indicators pointing to Buy.