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Sienna Gestion Acquires Shares of 34,705 Analog Devices, Inc. $ADI
Sienna Gestion recently acquired 34,705 shares of Analog Devices, Inc. (NASDAQ:ADI) in the third quarter, valued at approximately $7.77 million. Despite institutional investors holding 86.81% of the stock, corporate insiders have been net sellers, with CEO Vincent Roche and SVP Martin Cotter selling shares totaling over $5.8 million recently. Analog Devices reported strong Q3 earnings, beating EPS estimates, and increased its quarterly dividend to $1.10.