Timucuan Asset Management Increased Analog Devices (ADI) Holding by $21.64 Million; Clark Capital Management Group Increases Holding in Lockheed Martin (LMT)

Analog Devices, Inc. (NASDAQ:ADI) Logo

Timucuan Asset Management Inc increased its stake in Analog Devices Inc (ADI) by 23.54% based on its latest 2019Q2 regulatory filing with the SEC. Timucuan Asset Management Inc bought 193,209 shares as the company’s stock rose 2.41% . The hedge fund held 1.01M shares of the technology company at the end of 2019Q2, valued at $114.43 million, up from 820,650 at the end of the previous reported quarter. Timucuan Asset Management Inc who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $42.00B market cap company. The stock increased 3.44% or $3.79 during the last trading session, reaching $114.04. About 1.71M shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 23.24% since December 4, 2018 and is uptrending. It has outperformed by 23.24% the S&P500. Some Historical ADI News: 02/04/2018 – Fidelity Selector Mid Cap Adds Analog Devices, Exits KBR; 14/05/2018 – Lazard Asset Buys New 1.3% Position in Analog Devices; 09/03/2018 – ANALOG DEVICES INC – TO USE NET PROCEEDS OF OFFERING TO REPAY A PORTION OF AMOUNT OUTSTANDING UNDER ITS FIVE-YEAR TERM LOAN; 08/03/2018 – ARGONAS CORPORATE FINANCE ADVISES SIEMENS AND OTHER SHAREHOLDERS ON THE SALE OF SYMEO GMBH, A COMPANY SPECIALIZED IN INNOVATIVE RADAR TECHNOLOGY FOR INDUSTRIAL & AUTOMOTIVE MARKETS, TO ANALOG; 30/04/2018 – Fidelity Series Growth&Income Adds Analog Devices; 09/03/2018 – ANALOG DEVICES INC – ANNOUNCED IT HAS PRICED AN OFFERING OF $300 MLN AGGREGATE PRINCIPAL AMOUNT OF 2.850% SENIOR UNSECURED NOTES DUE MARCH 12, 2020; 30/05/2018 – ANALOG DEVICES INC- CEO VINCENT ROCHE SAYS ZTE WAS A SMALL AMOUNT OF HEADWIND IN THE SECOND QUARTER – CONF CALL; 08/03/2018 – S&GR Assigns Analog Devices Sr Unscured Notes ‘BBB’ Issue Rtg; 22/03/2018 – Analog Devices Closes Below 50-Day Moving Average: Technicals; 30/05/2018 – ANALOG DEVICES 2Q ADJ REV $1.51B, EST. $1.47B

Clark Capital Management Group Inc increased its stake in Lockheed Martin Corp (LMT) by 1.62% based on its latest 2019Q2 regulatory filing with the SEC. Clark Capital Management Group Inc bought 2,470 shares as the company’s stock rose 9.14% . The institutional investor held 155,237 shares of the military and government and technical company at the end of 2019Q2, valued at $56.44M, up from 152,767 at the end of the previous reported quarter. Clark Capital Management Group Inc who had been investing in Lockheed Martin Corp for a number of months, seems to be bullish on the $109.16B market cap company. The stock increased 1.41% or $5.38 during the last trading session, reaching $387. About 530,379 shares traded. Lockheed Martin Corporation (NYSE:LMT) has risen 13.14% since December 4, 2018 and is uptrending. It has outperformed by 13.14% the S&P500. Some Historical LMT News: 20/04/2018 – Annette Nicholson: – U.S. defense contractor Lockheed Martin Corp plans to offer Japan a stealth fighter design based on its; 01/05/2018 – Ascent Aerospace – Global Tooling Systems an Elite Supplier to Lockheed Martin Aeronautics; 08/03/2018 – A new contract for more F-35 fighter jets will take time, given the focus on cost, Lockheed Martin CEO Marillyn Hewson tells CNBC; 15/05/2018 – Adama Technologies Announces Plan to Pursue Contracts With Boeing, Lockheed Martin and Parker Hannifin; 05/04/2018 – FITCH REVISES LOCKHEED MARTIN’S OUTLOOK TO POSITIVE; 23/03/2018 – BOEING, RAYTHEON, LOCKHEED MARTIN ADD TO GAINS AFTER TRUMP SIGNS BUDGET BILL; 20/04/2018 – Martin Soong: Exclusive: Lockheed Martin to propose stealthy hybrid of F-22 and F-35 for Japan; 07/04/2018 – Japan activates first marines since WW2 to bolster defenses against China; 28/03/2018 – Modernized Lockheed Martin Trident II D5 Missile Test Certifies Submarine for Patrol; 07/03/2018 – EXCLUSIVE-Japan’s new advanced fighter may be based on existing foreign design

Investors sentiment decreased to 1.06 in 2019 Q2. Its down 0.01, from 1.07 in 2019Q1. It dropped, as 46 investors sold ADI shares while 240 reduced holdings. 73 funds opened positions while 230 raised stakes. 315.71 million shares or 2.60% less from 324.13 million shares in 2019Q1 were reported. Markel holds 1.41% or 812,811 shares in its portfolio. 22,356 are owned by Captrust Finance. Moreover, Hyman Charles D has 0.03% invested in Analog Devices, Inc. (NASDAQ:ADI) for 2,302 shares. Ballentine Partners Ltd invested in 8,405 shares or 0.05% of the stock. Goldman Sachs Grp Inc owns 0.09% invested in Analog Devices, Inc. (NASDAQ:ADI) for 2.71M shares. Virginia-based Davenport & Ltd Co has invested 0.01% in Analog Devices, Inc. (NASDAQ:ADI). Gamble Jones Investment Counsel holds 2,590 shares. The Massachusetts-based Fmr Ltd Com has invested 0.14% in Analog Devices, Inc. (NASDAQ:ADI). 3,130 were accumulated by Burke & Herbert Retail Bank & Tru. Rwc Asset Mngmt Limited Liability Partnership invested 0.22% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Lmr Limited Liability Partnership accumulated 24,316 shares. Tdam Usa owns 0.06% invested in Analog Devices, Inc. (NASDAQ:ADI) for 8,199 shares. First Interstate State Bank stated it has 1,436 shares. Schroder Investment Mgmt Grp Inc has invested 0.07% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Texas Cap Commercial Bank Tx has 3,274 shares.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) news were published by: Nasdaq.com which released: “Google Announces Audio Service For Its Assistant – Nasdaq” on November 20, 2019, also Nasdaq.com with their article: “Here’s Why You Need To Hedge Your Stock Investments – Nasdaq” published on November 19, 2019, Nasdaq.com published: “MIDEAST STOCKS-Financials hit most of Gulf, Egypt continues to slide – Nasdaq” on November 21, 2019. More interesting news about Analog Devices, Inc. (NASDAQ:ADI) were released by: Nasdaq.com and their article: “Why Shares of 58.com Soared Today – Nasdaq” published on November 19, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For November 26, 2019 – Benzinga” with publication date: November 26, 2019.

Since August 9, 2019, it had 1 insider buy, and 0 sales for $509,534 activity.

Clark Capital Management Group Inc, which manages about $1.95 billion and $4.74 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 23,542 shares to 299,512 shares, valued at $59.28 million in 2019Q2, according to the filing. It also reduced its holding in Cinemark Holdings Inc (NYSE:CNK) by 356,166 shares in the quarter, leaving it with 806,325 shares, and cut its stake in Philip Morris Intl Inc (NYSE:PM).

Lockheed Martin Corporation (NYSE:LMT) Institutional Positions Chart

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