Analog Devices (NASDAQ:ADI) Director Ray Stata Sells 1,416 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $407.28, for a total value of $576,708.48. Following the transaction, the director owned 106,015 shares of the company’s stock, valued at $43,177,789.20. The trade was a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 Tuesday, October 6th, Ray Stata sold 1,416 shares of Analog Devices stock. The shares were sold at an average price of $420.04, for a total value of $594,776.64.
• On Tuesday, September 8th, Ray Stata sold 1,416 shares of Analog Devices stock. The shares were sold at an average price of $362.85, for a total transaction of $513,795.60.

Analog Devices Stock Up 0.7%

NASDAQ:ADI opened at $363.56 on Friday. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The stock has a market capitalization of $176.17 billion, a P/E ratio of 43.13, a P/E/G ratio of 1.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The company’s 50-day simple moving average is $390.52 and its 200-day simple moving average is $373.48.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 13.00 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s payout ratio is presently 52.19%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ADI. BlackRock Inc. bought a new stake in Analog Devices during the second quarter valued at $18,610,868,000. Bank of America Corp DE bought a new stake in Analog Devices during the second quarter valued at approximately $3,573,081,000. Van ECK Associates Corp lifted its stake in shares of Analog Devices by 24.7% during the 2nd quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company’s stock valued at $3,345,316,000 after buying an additional 1,670,957 shares in the last quarter. Amundi lifted its position in shares of Analog Devices by 5.3% in the first quarter. Amundi now owns 5,044,271 shares of the semiconductor company’s stock worth $1,604,771,000 after buying an additional 254,632 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in Analog Devices during the second quarter valued at approximately $1,525,167,000. 86.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ADI has been the topic of several research analyst reports. BMO Capital Markets assumed coverage on Analog Devices in a research note on Thursday, August 20th. They issued an “outperform” rating and a $430.00 price objective on the stock. Evercore lowered their target price on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $480.00 price objective (up from $450.00) on shares of Analog Devices in a report on Wednesday, August 19th. Finally, Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $430.00 to $465.00 in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $460.55.

Analog Devices Company Profile

Analog Devices, Inc designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions.

The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.