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Mattern Capital Management LLC Has $12.86 Million Stake in Analog Devices, Inc. $ADI
Mattern Capital Management LLC reduced its stake in Analog Devices (ADI) by 8.0% during the fourth quarter, now owning 47,419 shares valued at $12.86 million, making it their 7th largest position. Other institutional investors like Jones Financial Companies Lllp, SG Americas Securities LLC, and Nordea Investment Management AB significantly increased their holdings in ADI. Corporate insiders have also sold shares totaling over $8.7 million in the last three months, while analysts have largely maintained “buy” ratings with an average price target of $370.69.