Tritonpoint Wealth 13F: Cuts Analog Devices (ADI) Stake by $665K

Tritonpoint Wealth trimmed its stake in Analog Devices, Inc. ADI by 1,676 shares during the period, lowering its holdings by an 8.24% margin. According to a Form 13F filing with the SEC on October 19, 2026, the firm ended the quarter with 18,649 shares of the semiconductor maker valued at about $7.4 million.

ADI Analog Devices, Inc.

$395.44 ▲ +45.75% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in Tritonpoint Wealth's Analog Devices Position

The fund adjusted its position by shedding 1,676 shares from a prior total of 20,325 shares. The remaining holdings carry a reported value of $7,398,195 as of the filing date.

Other Institutional Activity in Analog Devices

Other major fund managers also adjusted their positions in the semiconductor firm. Auto-Owners Insurance closed out its entire position by selling 1,275 shares. Gotham Asset Management reduced its holdings by 9,537 shares, ending with 108,399 shares worth about $47.9 million. D1 Capital Partners L.P. held 292,444 shares valued at roughly $116.2 million. Brevan Howard Capital Management grew its holdings by 9,856 shares for a 60.5% increase, ending with 26,145 shares worth about $10.4 million. Waverly Advisors trimmed its position by 2,928 shares, leaving it with 49,736 shares valued at roughly $19.8 million.

Analog Devices, Inc. Stock Down 0.3%

Analog Devices closed at $394.35 on October 19, 2026, and recently traded around $394.26 as of October 20, 2026. The stock trades above both its 50-day moving average of $383.40 and its 200-day moving average of $366.80. Shares sit 11.6% below their 52-week high of $445.91 and 76.4% above their 52-week low of $223.47.

Recent Earnings

Analog Devices posted trailing-twelve-month revenue of $13.88 billion and earnings of $8.42 per share. The company reported a net profit margin of 29.8% and a return on equity of 12.2%. Year-over-year revenue growth reached 39.6%. The company's next earnings report is scheduled for November 24, 2026.

Dividend

The company pays an annual dividend rate of $4.40 per share with a dividend yield of 1.12%. The payout ratio stands at 49.6% of earnings.

Insider Buying and Selling at Analog Devices, Inc.

Company insiders executed several sales prior to the filing. Officer Katsufumi Nakamura sold 1,200 shares on October 2, 2026, at an average price of $415.02 for a total of $498,029. Chief Operating Officer Vivek Jain sold 2,000 shares on October 2, 2026, at $416.98 per share for a total value of $833,962. Chief Financial Officer Richard C. Puccio Jr. sold 1,500 shares on October 6, 2026, at $421.08 per share, totaling $631,620. Director Raymond S. Stata sold 2,832 shares on October 7, 2026, valued at $1,171,631.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on the stock ahead of the filing. On August 20, 2026, JP Morgan maintained an overweight rating and raised its target from $450.00 to $500.00. Morgan Stanley maintained an overweight rating on August 20, 2026, lifting its target from $428.00 to $458.00. BMO Capital initiated coverage on August 21, 2026, with an outperform rating and a $430.00 price target. Baird maintained an outperform rating on August 24, 2026, raising its target from $450.00 to $675.00. TD Cowen reiterated a buy rating on September 8, 2026, with a $460.00 price target. Across 32 analyst opinions, the stock holds a consensus strong buy rating with a mean price target of $472.44.

About Analog Devices

Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits, software, and subsystems products globally. Headquartered in Wilmington, Massachusetts, the semiconductor maker serves customers across industrial, automotive, consumer, and communications markets.

Bottom Line

Investors continue to monitor institutional portfolio shifts alongside upcoming corporate earnings reports. The company's next financial update is slated for late November 2026.