Northwestern Mutual Wealth Management Company Increases Holding in Discovery Communicatns New (DISCK); As Analog Devices (ADI) Valuation Rose, Alecta Pensionsforsakring Omsesidigt Upped Position

May 23, 2018 - By Michael Leger

Analog Devices, Inc. (NASDAQ:ADI) Logo

Alecta Pensionsforsakring Omsesidigt increased its stake in Analog Devices (ADI) by 80.39% based on its latest 2017Q4 regulatory filing with the SEC. Alecta Pensionsforsakring Omsesidigt bought 900,000 shares as the company’s stock rose 2.48% while stock markets declined. The institutional investor held 2.02M shares of the technology company at the end of 2017Q4, valued at $179.86 million, up from 1.12M at the end of the previous reported quarter. Alecta Pensionsforsakring Omsesidigt who had been investing in Analog Devices for a number of months, seems to be bullish on the $35.39B market cap company. The stock increased 0.43% or $0.41 during the last trading session, reaching $95.71. About 1.07 million shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 11.86% since May 23, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

Northwestern Mutual Wealth Management Company increased its stake in Discovery Communicatns New (DISCK) by 872.04% based on its latest 2017Q4 regulatory filing with the SEC. Northwestern Mutual Wealth Management Company bought 17,589 shares as the company’s stock declined 12.19% with the market. The institutional investor held 19,606 shares of the consumer services company at the end of 2017Q4, valued at $415,000, up from 2,017 at the end of the previous reported quarter. Northwestern Mutual Wealth Management Company who had been investing in Discovery Communicatns New for a number of months, seems to be bullish on the $17.08B market cap company. The stock increased 2.61% or $0.56 during the last trading session, reaching $22. About 2.39 million shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since May 23, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.07, from 1.21 in 2017Q3. It improved, as 46 investors sold ADI shares while 224 reduced holdings. 92 funds opened positions while 253 raised stakes. 319.40 million shares or 1.26% more from 315.41 million shares in 2017Q3 were reported. Stephens Inc Ar stated it has 49,103 shares. Notis has invested 2% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Dearborn Partners reported 0.5% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Hartford Invest reported 95,178 shares. Pitcairn Company has invested 0.1% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Australia-based Commonwealth National Bank & Trust Of Aus has invested 0.01% in Analog Devices, Inc. (NASDAQ:ADI). Somerville Kurt F, a Massachusetts-based fund reported 121,357 shares. 3,075 are held by Captrust Finance Advsrs. Schaper Benz Wise Invest Counsel Wi reported 51,446 shares stake. National Pension Serv reported 371,629 shares. The New York-based Jennison Associate Limited Liability has invested 0.16% in Analog Devices, Inc. (NASDAQ:ADI). Sit Invest Assoc invested 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Fmr Lc stated it has 0.1% in Analog Devices, Inc. (NASDAQ:ADI). Ontario – Canada-based Royal State Bank Of Canada has invested 0.02% in Analog Devices, Inc. (NASDAQ:ADI). Illinois-based Blair William & Com Il has invested 0.04% in Analog Devices, Inc. (NASDAQ:ADI).

Since December 14, 2017, it had 0 insider purchases, and 20 insider sales for $13.66 million activity. Another trade for 718 shares valued at $65,259 was made by Jamal Yusuf on Wednesday, January 3. $359,329 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Cotter Martin on Friday, April 13. 7,500 Analog Devices, Inc. (NASDAQ:ADI) shares with value of $685,905 were sold by SICCHITANO KENTON J. Another trade for 5,209 shares valued at $494,136 was sold by Wynne Eileen. $366,080 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Henderson Gregory N.. On Friday, January 5 STATA RAY sold $917,000 worth of Analog Devices, Inc. (NASDAQ:ADI) or 10,000 shares.

Alecta Pensionsforsakring Omsesidigt, which manages about $12.31 billion US Long portfolio, decreased its stake in Vf Corp (NYSE:VFC) by 220,000 shares to 4.77 million shares, valued at $353.01M in 2017Q4, according to the filing. It also reduced its holding in Alphabet Inc by 124,000 shares in the quarter, leaving it with 1.50M shares, and cut its stake in Nielsen Holding Plc.

Another recent and important Analog Devices, Inc. (NASDAQ:ADI) news was published by Finance.Yahoo.com which published an article titled: “At $94.77, Is It Time To Buy Analog Devices Inc (NASDAQ:ADI)?” on May 18, 2018.

Analog Devices, Inc. (NASDAQ:ADI) Institutional Positions Chart

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