Raiffeisen Bank International AG increased its stake in Analog Devices (NASDAQ:ADI) by 41.4% during Q3, now owning 12,985 shares valued at $3.179 million. Several other institutional investors also adjusted their holdings in the semiconductor company. Analog Devices recently reported strong Q1 earnings, beating analyst estimates and raising Q2 guidance, driven by demand in data center and AI infrastructure.
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Analog Devices, Inc. $ADI Shares Purchased by Raiffeisen Bank International AG
Raiffeisen Bank International AG increased its stake in Analog Devices (NASDAQ:ADI) by 41.4% during Q3, now owning 12,985 shares valued at $3.179 million. Several other institutional investors also adjusted their holdings in the semiconductor company. Analog Devices recently reported strong Q1 earnings, beating analyst estimates and raising Q2 guidance, driven by demand in data center and AI infrastructure.