ADI · News · 20261014N
Acquisition / Partnership / Divestiture
ANALOG DEVICES INC · 2026-10-14 · Importance 31 · Surprise 42
Analog Devices collaborated with Moët Hennessy and UC Davis to deploy an AI-driven chemical-sensing platform for wine-quality monitoring. The initiative applies ADI’s analog, power, signal-processing, and AI-related technologies to the wine industry. The reported partnership expands ADI’s cross-industry applications, although the coverage does not disclose contract value, revenue contribution, or implementation timing.
Key facts
- First Citizens Bank & Trust Co. reduced its stake in Analog Devices (NASDAQ:ADI) by 29% in the third quarter, selling over 15,000 shares but still holding 37,224 shares worth $14.77 million. source
- Insiders have sold shares of Analog Devices totaling $19.4 million over the last three months. source
- Analog Devices Inc. (ADI) stock fell by 2.68% to $403.57, ending a three-day winning streak. source
- Analog Devices reported a $1.10 quarterly dividend. source
- Institutional investors collectively own 86.81% of Analog Devices' stock. source
- Analysts generally maintain a "Moderate Buy" rating for Analog Devices with an average price target of $460.09. source