Analog Devices (NASDAQ:ADI) CFO Richard Puccio, Jr. Sells 1,500 Shares

Analog Devices, Inc. (NASDAQ:ADI) CFO Richard Puccio, Jr. sold 1,500 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $363.65, for a total transaction of $545,475.00. Following the sale, the chief financial officer directly owned 52,677 shares in the company, valued at $19,155,991.05. This trade represents a 2.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Stock Performance

Shares of ADI stock opened at $365.07 on Thursday. The business has a fifty day moving average of $375.42 and a 200 day moving average of $374.60. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The firm has a market capitalization of $176.90 billion, a price-to-earnings ratio of 43.31, a price-to-earnings-growth ratio of 1.12 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The company’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is currently 52.19%.

Institutional Trading of Analog Devices

Several institutional investors have recently modified their holdings of ADI. Bouchey Financial Group Ltd. acquired a new stake in Analog Devices in the 2nd quarter worth about $205,000. Sequoia Financial Advisors LLC lifted its position in shares of Analog Devices by 5.1% in the second quarter. Sequoia Financial Advisors LLC now owns 21,450 shares of the semiconductor company’s stock valued at $8,519,000 after acquiring an additional 1,041 shares in the last quarter. IPG Investment Advisors LLC purchased a new position in shares of Analog Devices in the second quarter valued at approximately $1,922,000. Cidel Asset Management Inc. boosted its stake in shares of Analog Devices by 45.0% in the second quarter. Cidel Asset Management Inc. now owns 7,331 shares of the semiconductor company’s stock worth $2,912,000 after acquiring an additional 2,276 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in shares of Analog Devices by 17.8% during the second quarter. Integrated Wealth Concepts LLC now owns 12,432 shares of the semiconductor company’s stock worth $4,938,000 after purchasing an additional 1,876 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Key Stories Impacting Analog Devices

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

• Positive Sentiment: Strategic Alif Semiconductor acquisition: ADI agreed to acquire Alif for approximately $1.35 billion in cash. Alif’s AI-native fusion processors would complement ADI’s analog technology and support local, real-time processing in industrial equipment, robotics, energy, defense, data-center infrastructure, digital health and wearable devices. The transaction could broaden ADI’s total addressable market and strengthen its edge-AI offering. Analog Devices to Acquire Alif Semiconductor
• Positive Sentiment: Growth extends beyond AI: Recent fiscal third-quarter results showed strong industrial and automotive demand, indicating ADI’s growth is not dependent solely on data-center AI spending. Analysts and investors may view the company’s diversified end-market exposure as supportive of longer-term earnings stability. Analog Devices Shows Why AI Is Not the Only Story Driving Chip Demand
• Positive Sentiment: Analyst and options signals: TD Cowen reaffirmed its “buy” rating and maintained a $460 price target, implying substantial upside from recent trading levels. Separately, call-option volume was more than twice its average, suggesting increased bullish speculative interest. Analog Devices to Buy Alif Semiconductor
• Neutral Sentiment: Insider sale: CFO Richard Puccio sold 1,500 shares worth approximately $545,000, reducing his direct holdings by 2.77%. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s outlook.
• Negative Sentiment: Acquisition cost and execution risk: The all-cash purchase will use $1.35 billion of ADI’s resources, and investors will assess whether Alif’s technology can be integrated successfully and generate returns. ADI’s elevated valuation also leaves less room for disappointment if the deal or broader semiconductor recovery underperforms.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Bank of America boosted their target price on shares of Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Piper Sandler set a $460.00 price objective on shares of Analog Devices in a research report on Tuesday. JPMorgan Chase & Co. increased their target price on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Stifel Nicolaus raised their target price on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Finally, Jefferies Financial Group lifted their price target on Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $457.97.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, power-management and radio-frequency integrated circuits. Its technologies help convert real-world signals—such as temperature, pressure, sound, motion and light—into data that electronic systems can process and use.

The company offers data converters, amplifiers, power-management products, sensors, embedded processors, connectivity solutions and other semiconductor components.