First Merchants (FRME) At $41.20 Forms Top; Analog Devices (ADI) Sellers Increased By 1.1% Their Shorts

Analog Devices, Inc. (NASDAQ:ADI) Logo

First Merchants Corporation (FRME) formed multiple top with $44.50 target or 8.00% above today’s $41.20 share price. First Merchants Corporation (FRME) has $2.04 billion valuation. The stock decreased 0.60% or $0.25 during the last trading session, reaching $41.2. About 111,681 shares traded. First Merchants Corporation (NASDAQ:FRME) has risen 8.92% since April 10, 2017 and is uptrending. It has underperformed by 2.63% the S&P500.

Analog Devices Inc (NASDAQ:ADI) had an increase of 1.1% in short interest. ADI’s SI was 8.61 million shares in April as released by FINRA. Its up 1.1% from 8.51M shares previously. With 4.00 million avg volume, 2 days are for Analog Devices Inc (NASDAQ:ADI)’s short sellers to cover ADI’s short positions. The SI to Analog Devices Inc’s float is 2.35%. The stock decreased 0.36% or $0.32 during the last trading session, reaching $87.99. About 2.51M shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 11.86% since April 10, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

Analysts await First Merchants Corporation (NASDAQ:FRME) to report earnings on April, 26. They expect $0.70 EPS, up 25.00% or $0.14 from last year’s $0.56 per share. FRME’s profit will be $34.66M for 14.71 P/E if the $0.70 EPS becomes a reality. After $0.61 actual EPS reported by First Merchants Corporation for the previous quarter, Wall Street now forecasts 14.75% EPS growth.

Among 6 analysts covering First Merchants (NASDAQ:FRME), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. First Merchants had 16 analyst reports since August 18, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, October 3 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12. Keefe Bruyette & Woods maintained First Merchants Corporation (NASDAQ:FRME) on Thursday, June 1 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Buy”. The stock of First Merchants Corporation (NASDAQ:FRME) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm earned “Sell” rating on Tuesday, August 18 by Zacks. The stock has “Buy” rating by DA Davidson on Wednesday, September 28. Sandler O’Neill maintained it with “Hold” rating and $46.0 target in Thursday, January 25 report. Stephens upgraded the stock to “Overweight” rating in Friday, January 29 report. The stock has “Neutral” rating by SunTrust on Wednesday, December 16.

Investors sentiment decreased to 0.81 in Q4 2017. Its down 0.54, from 1.35 in 2017Q3. It fall, as 20 investors sold First Merchants Corporation shares while 64 reduced holdings. 21 funds opened positions while 47 raised stakes. 33.91 million shares or 0.71% more from 33.67 million shares in 2017Q3 were reported. Ameritas Invest Partners holds 0.01% or 3,519 shares. Deutsche Bank Ag reported 143,356 shares or 0% of all its holdings. United Cap Advisers Ltd Liability invested in 6,601 shares or 0% of the stock. Kansas-based Intrust Bancorporation Na has invested 0.35% in First Merchants Corporation (NASDAQ:FRME). Geode Mngmt Ltd owns 375,459 shares for 0.01% of their portfolio. Schroder Inv Mngmt Gp reported 346,394 shares stake. Prudential Fin has 45,965 shares for 0% of their portfolio. California Employees Retirement System holds 0.01% of its portfolio in First Merchants Corporation (NASDAQ:FRME) for 131,665 shares. Victory Capital Mngmt owns 6,437 shares for 0% of their portfolio. Credit Suisse Ag has invested 0% in First Merchants Corporation (NASDAQ:FRME). Price T Rowe Associate Md stated it has 26,772 shares. Teacher Retirement Of Texas invested 0% in First Merchants Corporation (NASDAQ:FRME). Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma has invested 0% in First Merchants Corporation (NASDAQ:FRME). Moreover, Rothschild Asset Mgmt has 0.14% invested in First Merchants Corporation (NASDAQ:FRME) for 304,264 shares. Citadel Advsrs Limited Liability Company owns 13,449 shares.

Since December 15, 2017, it had 7 buys, and 1 insider sale for $47,533 activity. Stewart Michael J had sold 2,219 shares worth $94,529. Shares for $1,665 were bought by Lehman Gary. Shares for $500 were bought by Sherman Patrick A on Saturday, March 31. WALKER TERRY L had bought 3,176 shares worth $135,577 on Friday, December 15.

Among 33 analysts covering Analog Devices (NASDAQ:ADI), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Analog Devices had 129 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Wednesday, May 31. Robert W. Baird maintained Analog Devices, Inc. (NASDAQ:ADI) on Thursday, March 1 with “Buy” rating. On Wednesday, August 30 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. As per Wednesday, January 3, the company rating was maintained by RBC Capital Markets. B. Riley & Co maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, August 19. B. Riley & Co has “Buy” rating and $75 target. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Overweight” rating by PiperJaffray on Tuesday, February 13. The stock of Analog Devices, Inc. (NASDAQ:ADI) has “Outperform” rating given on Tuesday, April 19 by Raymond James. The stock has “Buy” rating by Jefferies on Monday, September 11. The firm earned “Buy” rating on Tuesday, November 21 by Drexel Hamilton. The company was maintained on Wednesday, August 30 by Oppenheimer.

Investors sentiment increased to 1.28 in Q4 2017. Its up 0.07, from 1.21 in 2017Q3. It improved, as 46 investors sold Analog Devices, Inc. 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. Associated Banc has 225,472 shares for 1.08% of their portfolio. Community State Bank Na reported 0.01% stake. 12,154 were accumulated by Cornercap Investment Counsel. Anchor Cap Advsr Ltd Liability Company accumulated 1.79% or 569,982 shares. Vanguard Gru, Pennsylvania-based fund reported 30.37 million shares. Brookmont Management has 2.6% invested in Analog Devices, Inc. (NASDAQ:ADI). M&T Financial Bank Corp has 0.12% invested in Analog Devices, Inc. (NASDAQ:ADI). 409 are owned by Lenox Wealth Management Inc. Tower Cap Ltd Llc (Trc) holds 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 111 shares. Shine Investment Advisory Serv Inc holds 0.01% in Analog Devices, Inc. (NASDAQ:ADI) or 313 shares. Ferguson Wellman Management has invested 0.54% in Analog Devices, Inc. (NASDAQ:ADI). Tdam Usa has invested 0.1% in Analog Devices, Inc. (NASDAQ:ADI). Mcf Advsrs Ltd holds 444 shares. Papp L Roy And Associates owns 38,948 shares for 0.69% of their portfolio. Pennsylvania-based Pitcairn has invested 0.1% in Analog Devices, Inc. (NASDAQ:ADI).

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