Impax Asset Management Group plc Sells 316,854 Shares of Analog Devices, Inc. $ADI

NodeGuardian · 2026-02-12T11:59:23+00:00

Impax Asset Management cut its stake in Analog Devices by 94.1%, selling 316,854 shares. Despite this, institutional investors are increasing their positions, with strong stock performance and positive analyst sentiment due to AI-related demand.

NodeGuardian

2026-02-12 11:59:23

Abstract generation in progress

Impax Asset Management Group plc significantly reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 94.1% during the third quarter, selling 316,854 shares. Despite this large sale, other institutional investors have recently increased their positions in the semiconductor company. Analog Devices’ stock performance shows an upward trend, with positive sentiment from analysts regarding its earnings growth and exposure to AI-related demand, while institutional ownership remains high at 86.81%.

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