Insider Selling: Analog Devices (NASDAQ:ADI) Director Sells $573,988.56 in Stock

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) Director Ray Stata sold 1,432 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ray Stata also recently made the following trade(s):

  • On Wednesday, June 10th, Ray Stata sold 1,416 shares of Analog Devices stock. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76.

Analog Devices Stock Up 1.4%

Shares of NASDAQ:ADI opened at $417.79 on Friday. The stock has a market cap of $203.50 billion, a P/E ratio of 62.08, a P/E/G ratio of 1.17 and a beta of 1.18. The firm has a fifty day moving average price of $391.76 and a 200 day moving average price of $334.69. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. Analog Devices, Inc. has a 1-year low of $218.37 and a 1-year high of $439.70.

Analog Devices (NASDAQ:ADIGet Free Report) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 EPS for the quarter, topping the consensus estimate of $2.89 by $0.20. The company had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The business’s revenue was up 37.2% on a year-over-year basis. During the same quarter last year, the business earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 12.41 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is 65.38%.

Analog Devices News Summary

Here are the key news stories impacting Analog Devices this week:

Institutional Investors Weigh In On Analog Devices

Hedge funds have recently modified their holdings of the company. Banque Transatlantique SA acquired a new stake in shares of Analog Devices during the 4th quarter worth about $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Analog Devices during the 1st quarter worth about $30,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices during the 4th quarter worth about $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices during the 4th quarter worth about $27,000. Finally, Entrust Financial LLC acquired a new stake in shares of Analog Devices in the fourth quarter worth approximately $33,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ADI shares. Barclays raised their target price on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Susquehanna raised their target price on shares of Analog Devices from $360.00 to $400.00 and gave the company a “positive” rating in a report on Thursday, February 19th. Truist Financial raised their target price on shares of Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a report on Wednesday, May 20th. Argus set a $460.00 target price on shares of Analog Devices in a report on Tuesday, May 26th. Finally, Bank of America raised their price target on shares of Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $432.71.

View Our Latest Stock Analysis on ADI

About Analog Devices

(Get Free Report)

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.

Featured Articles

Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.