First National Trust Lowers Stake in Analog Devices (ADI) — Q2 Update

First National Trust trimmed its position in Analog Devices (ADI) by 1.8% in Q2, holding 10,783 shares worth $2.57M. What this means for investors. Now.

First National Trust Co reduced its position in Analog Devices, Inc. (NASDAQ: ADI) by 1.8% during the second quarter, according to data reported by HoldingsChannel.com. The trust sold 198 shares and finished the quarter owning 10,783 shares of the semiconductor company. Those holdings were valued at $2,567,000 at the end of the period.

Why this matters: Analog Devices is a major name in the semiconductor space, and shifts by institutional holders like First National Trust can draw attention from investors tracking insider and institutional activity. While a 1.8% reduction is relatively modest, it adds to the broader picture of how professional investors are adjusting exposure to ADI amid changing market conditions.

Details of the change: The sale of 198 shares reduced the trust's stake to 10,783 shares. Institutional holdings updates are routinely monitored because they can signal portfolio rebalancing, tax-loss harvesting, or a tactical move rather than a change in long-term conviction. HoldingsChannel.com provided the reporting, which reflects the snapshot of holdings at quarter-end.

Investor implications: For individual investors in ADI or those watching semiconductor stocks, the First National Trust move is worth noting but not necessarily cause for immediate action. A small percentage trimming does not equate to a sell signal on its own. Instead, combine institutional activity with company fundamentals, earnings trends, and macro factors affecting the semiconductor industry before making portfolio decisions.

How to respond: If you hold ADI, consider reviewing your investment thesis: Are you invested for long-term growth in semiconductors, dividend income, or shorter-term trading? Monitor subsequent filings and quarterly reports for any pattern of continued selling or increased buying by institutions. Diversifying exposure across semiconductor names or using stop-loss strategies can help manage risk.

Conclusion: First National Trust’s 1.8% reduction in Analog Devices holdings—198 shares sold, leaving a $2.57M stake—serves as a useful data point for investors tracking institutional behavior. Keep an eye on updated filings from institutional investors and official company disclosures, and consult a financial advisor before making changes based solely on a single quarter’s institutional movement.

Back