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Artisan Partners Limited Partnership Sells 271,783 Shares of Analog Devices, Inc. $ADI
Artisan Partners Limited Partnership significantly reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by selling 271,783 shares, decreasing their holdings by 52.4% to 247,108 shares. Despite this, several other institutional investors increased their positions in the semiconductor company. The article also highlights Analog Devices’ strong financial performance, increased dividend, positive analyst ratings with an average price target of $366.96, and recent insider selling activity.