Analog Devices (NASDAQ:ADI) CEO Sells $3,897,500.00 in Stock

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $389.75, for a total value of $3,897,500.00. Following the sale, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $53,605,435.50. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

  • On Tuesday, May 26th, Vincent Roche sold 30,000 shares of Analog Devices stock. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00.
  • On Friday, May 22nd, Vincent Roche sold 30,000 shares of Analog Devices stock. The shares were sold at an average price of $396.82, for a total value of $11,904,600.00.
  • On Friday, May 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00.

Analog Devices Stock Up 1.7%

ADI opened at $385.40 on Thursday. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $445.91. The firm has a 50 day moving average price of $408.53 and a 200 day moving average price of $352.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The company has a market cap of $187.72 billion, a PE ratio of 57.27, a price-to-earnings-growth ratio of 1.06 and a beta of 1.18.

Analog Devices (NASDAQ:ADIGet Free Report) last announced 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 firm had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.51 billion. During the same period in the previous year, the company posted $1.85 earnings per share. Analog Devices’s 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. Sell-side analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 2nd. Analog Devices’s dividend payout ratio is 65.38%.

More Analog Devices News

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

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wolfe Research restated an “outperform” rating and set a $475.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Barclays raised their target price on Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Cantor Fitzgerald boosted their price target on Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Truist Financial upped their price target on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a report on Wednesday, May 20th. Finally, Citigroup increased their price objective on shares of Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $439.79.

Read Our Latest Research Report on ADI

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Banque Transatlantique SA purchased a new stake in Analog Devices during the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. purchased a new position in shares of Analog Devices during the 1st quarter valued at approximately $30,000. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices during the 4th quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices during the fourth quarter worth approximately $27,000. Finally, Entrust Financial LLC acquired a new stake in shares of Analog Devices during the fourth quarter worth approximately $33,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

About Analog Devices

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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.

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