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Rhumbline Advisers Sells 10,296 Shares of Analog Devices, Inc. $ADI
Rhumbline Advisers reduced its stake in Analog Devices, Inc. by 1.1% in the third quarter, selling 10,296 shares. Despite this, other hedge funds increased their positions, and 86.81% of the stock is held by institutional investors. Analog Devices reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend.