Insider Selling: Analog Devices (NASDAQ:ADI) Director Sells 1,432 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Ray Stata sold 1,432 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $400.83, for a total transaction of $573,988.56. Following the sale, the director owned 120,175 shares in the company, valued at $48,169,745.25. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Price Performance

Analog Devices stock traded up $19.46 during trading hours on Thursday, reaching $412.13. 4,633,298 shares of the stock were exchanged, compared to its average volume of 4,097,818. The company has a market cap of $200.74 billion, a P/E ratio of 61.24, a price-to-earnings-growth ratio of 1.13 and a beta of 1.18. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $439.70. The stock has a 50 day moving average of $387.94 and a two-hundred day moving average of $332.84.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same period last year, the company posted $1.85 EPS. The firm’s quarterly revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ADI. Banque Transatlantique SA bought a new position in Analog Devices in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices during the 4th quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new position in Analog Devices during the 4th quarter worth approximately $27,000. Evolution Wealth Management Inc. bought a new position in Analog Devices during the 1st quarter worth approximately $30,000. Finally, Y.D. More Investments Ltd bought a new position in Analog Devices during the 3rd quarter worth approximately $32,000. Institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ADI. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th. Cantor Fitzgerald raised their price target on shares of Analog Devices from $400.00 to $510.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Argus set a $460.00 price target on shares of Analog Devices in a research note on Tuesday, May 26th. Evercore restated an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Finally, UBS Group raised their price target on shares of Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $432.71.

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.