Analog Devices (NASDAQ:ADI) CEO Vincent Roche Sells 10,000 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $356.33, for a total transaction of $3,563,300.00. Following the transaction, the chief executive officer directly owned 134,660 shares in the company, valued at $47,983,397.80. The trade was a 6.91% decrease in their ownership of the stock. The transaction 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.

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

• On Monday, August 3rd, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $363.00, for a total value of $3,630,000.00.
• On Wednesday, July 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $389.75, for a total value of $3,897,500.00.

Analog Devices Stock Performance

ADI opened at $355.71 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The company has a market cap of $172.37 billion, a PE ratio of 42.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.20. The stock has a 50-day moving average of $378.90 and a 200-day moving average of $373.85. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91.

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

Analog Devices Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. bought a new position in shares of Analog Devices during the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new stake in shares of Analog Devices in the 2nd quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in shares of Analog Devices during the 2nd quarter worth about $32,000. Cornerstone Financial Management LLC boosted its position in Analog Devices by 54.9% in the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 28 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Analog Devices during the second quarter worth approximately $33,000. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ADI shares. Wells Fargo & Company decreased their price target on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a report on Thursday, August 20th. Bank of America upped their price target on Analog Devices from $425.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Seaport Research Partners upgraded shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price objective on the stock in a research note on Thursday, August 20th. Cantor Fitzgerald reiterated an “overweight” rating and set a $550.00 target price on shares of Analog Devices in a research note on Monday, August 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $454.63.

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.