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 that occurred on Tuesday, July 7th. The shares were sold at an average price of $377.01, for a total transaction of $533,846.16. Following the sale, the director directly owned 117,343 shares of the company’s stock, valued at $44,239,484.43. This represents a 1.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 value of $563,723.76.
• On Tuesday, June 9th, Ray Stata sold 1,432 shares of Analog Devices stock. The stock was sold at an average price of $400.83, for a total value of $573,988.56.

Analog Devices Trading Up 2.1%

Shares of NASDAQ ADI opened at $393.64 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $408.74 and a two-hundred day simple moving average of $352.89. The firm has a market cap of $191.74 billion, a PE ratio of 58.49, a price-to-earnings-growth ratio of 1.08 and a beta of 1.18. Analog Devices, Inc. has a twelve month low of $218.37 and a twelve month high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.20. The business 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 business’s revenue was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were 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 was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is presently 65.38%.

Key Headlines Impacting Analog Devices

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

• Positive Sentiment: Analog Devices secured a new 364-day revolving credit facility of up to $3.0 billion, giving it additional financial flexibility for operations, capital spending, and potential shareholder returns. Analog Devices (ADI) Could Be 16% Undervalued As It Secures A $3.0b Credit Facility
• Positive Sentiment: The company’s planned Oregon semiconductor facility expansion of more than $1 billion supports long-term manufacturing capacity and could strengthen its position in a supply-constrained industry. Analog Devices Invests More Than $1 Billion in Semiconductor Facility Expansion in Oregon
• Neutral Sentiment: Recent market commentary said Analog Devices has generally surpassed market returns, reflecting relatively strong investor sentiment and helping explain the stock’s upward bias. Analog Devices (ADI) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Another report said the stock underperformed competitors on Thursday despite daily gains, suggesting the move was solid but not as strong as peers in the semiconductor group. Analog Devices Inc. stock underperforms Thursday when compared to competitors despite daily gains
• Negative Sentiment: Director Ray Stata sold 1,416 shares in a pre-arranged Rule 10b5-1 transaction, which may weigh slightly on sentiment even though it was disclosed in advance and appears routine. SEC Form 4 for Ray Stata transaction

Analyst Ratings Changes

Several equities research analysts have recently commented on ADI shares. Raymond James Financial restated an “outperform” rating and issued a $430.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Oppenheimer lifted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Wells Fargo & Company upped their target price on Analog Devices from $470.00 to $515.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, Robert W. Baird increased their target price on Analog Devices from $365.00 to $450.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $439.79.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Analog Devices by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company’s stock valued at $13,802,256,000 after acquiring an additional 503,970 shares in the last quarter. State Street Corp grew its holdings in Analog Devices by 0.4% in the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock worth $6,369,833,000 after purchasing an additional 88,538 shares during the last quarter. Morgan Stanley increased its position in shares of Analog Devices by 1.9% during the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock worth $2,834,210,000 after purchasing an additional 194,535 shares in the last quarter. Bank of America Corp DE increased its position in shares of Analog Devices by 5.2% during the first quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock worth $3,250,341,000 after purchasing an additional 501,604 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Analog Devices during the 4th quarter valued at $2,215,516,000. Institutional investors own 86.81% of the company’s stock.

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.