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State of New Jersey Common Pension Fund D Purchases 7,177 Shares of Analog Devices, Inc. $ADI
State of New Jersey Common Pension Fund D increased its stake in Analog Devices (NASDAQ:ADI) by 4.3% in Q3, acquiring 7,177 additional shares to hold a total of 172,250 shares valued at approximately $42.32 million. Analog Devices reported strong Q3 earnings, beating estimates with $2.26 EPS and $3.08 billion in revenue. The company maintains a “Moderate Buy” consensus rating from analysts, with several increasing their price targets, despite recent insider share sales.