Analog Devices Inc. (NASDAQ: ADI) shows a mixed bag of highpoints and lowpoints in the industry. Institutional ownership is strong with 89% control of the company. Its partnership with TSMC has bolstered capacity and resilience. Even more, the company's FDA clearance and commercial launch of Sensinel marks a significant milestone. However, market observers note continued sales weakness due to excess supply issues. Moreover, potential caution is signaled by insiders selling a substantial amount of stock. On the brighter side, the company is expanding its BMS portfolio, boosting AI efforts and strengthening its foothold in the automotive segment with BMW Group - all indicative of growth potential.
Analog Devices ADI News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Wed, 08 May 2024 13:24:49 GMT -
