Vincent Roche Sells 10,000 Shares of Analog Devices (NASDAQ:ADI) Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total value of $3,630,000.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $49,926,294. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vincent Roche also recently made the following trade(s):

• On Wednesday, July 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $389.75, for a total transaction of $3,897,500.00.
• On Tuesday, May 26th, Vincent Roche sold 30,000 shares of Analog Devices stock. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00.
• On Friday, May 22nd, Vincent Roche sold 30,000 shares of Analog Devices stock. The stock was sold at an average price of $396.82, for a total transaction of $11,904,600.00.

Analog Devices Stock Up 5.1%

ADI traded up $18.41 during trading on Tuesday, hitting $380.29. The company had a trading volume of 5,081,682 shares, compared to its average volume of 4,278,528. The company has a market capitalization of $185.24 billion, a PE ratio of 56.51, a PEG ratio of 0.95 and a beta of 1.20. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The firm’s 50-day moving average price is $397.48 and its 200 day moving average price is $364.13.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s revenue for the quarter was up 37.2% on a year-over-year basis. During the same quarter last year, the business posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities analysts expect that Analog Devices, Inc. will post 12.42 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were paid a $1.10 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s payout ratio is presently 65.38%.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently modified their holdings of the business. Contravisory Investment Management Inc. bought a new position in Analog Devices during the second quarter worth about $25,000. Banque Transatlantique SA bought a new stake in Analog Devices in the 4th quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Analog Devices during the 1st quarter worth approximately $30,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices during the fourth quarter worth approximately $26,000. Finally, Gordian Capital Singapore Pte Ltd bought a new position in shares of Analog Devices during the fourth quarter worth approximately $27,000. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ADI. Raymond James Financial restated an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. KeyCorp lifted their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Stifel Nicolaus raised their target price on shares of Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, Oppenheimer lifted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $441.00.

Analog Devices Company Profile

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.