Analog Devices: Relational Investors Discloses 'Confidential' 5.1M Shares Stake

In an amended 12/31/06 13F filing, activist investors Relational Investors disclosed a 5.1 million shares stake in Analog Devices Inc. (ADI). The firm requested confidential treatment of the position and it was not disclosed with the firm's original 12/31/06 13F which was released on 02/14/07.

Relational maintained its 5.1 million share stake in ADI from 12/31/06 to 03/31/07, according to its new 13F.

In the firm's new 13F for the quarter ended 03/31/07 , Relational Investors also disclosed a new 14.2 million share stake in Sprint-Nextel (S) (WSJ report in April noted the position). The firm also closed out its stake in Ceridian (CEN).

Relational Investors is best known for its push to remove Home Depot's (HD) CEO Bob Nardelli.