Insider Selling: Analog Devices (NASDAQ:ADI) CEO Sells $2,437,100.00 in Stock

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the transaction, the chief executive officer owned 140,118 shares of the company’s stock, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Wednesday, August 27th, Vincent Roche sold 20,000 shares of Analog Devices stock. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00.

Analog Devices Stock Performance

Shares of ADI opened at $241.99 on Friday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a 50-day moving average of $240.89 and a two-hundred day moving average of $223.30. The stock has a market cap of $119.05 billion, a price-to-earnings ratio of 61.73, a PEG ratio of 2.04 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

Analog Devices (NASDAQ:ADIGet Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Institutional Trading of Analog Devices

A number of institutional investors have recently added to or reduced their stakes in ADI. Iowa State Bank raised its position in shares of Analog Devices by 4.7% in the third quarter. Iowa State Bank now owns 9,699 shares of the semiconductor company’s stock valued at $2,383,000 after purchasing an additional 431 shares during the period. Aaron Wealth Advisors LLC raised its position in shares of Analog Devices by 118.2% in the third quarter. Aaron Wealth Advisors LLC now owns 6,643 shares of the semiconductor company’s stock valued at $1,632,000 after purchasing an additional 3,599 shares during the period. First Citizens Financial Corp bought a new position in shares of Analog Devices in the third quarter valued at approximately $234,000. GAMMA Investing LLC raised its position in shares of Analog Devices by 6.6% in the third quarter. GAMMA Investing LLC now owns 12,335 shares of the semiconductor company’s stock valued at $3,031,000 after purchasing an additional 760 shares during the period. Finally, Park National Corp OH raised its position in shares of Analog Devices by 1.3% in the third quarter. Park National Corp OH now owns 194,566 shares of the semiconductor company’s stock valued at $47,805,000 after purchasing an additional 2,589 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADI has been the subject of several research reports. Morgan Stanley raised their price target on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Benchmark raised their price target on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Finally, KeyCorp lifted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $275.29.

Read Our Latest Stock Report on Analog Devices

About Analog Devices

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Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

Further Reading

Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

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