Analog Devices (NASDAQ:ADI) Stock: Insider Ray Stata Sells 1,416 Shares

Analog Devices, Inc. (NASDAQ:ADI) Director Ray Stata sold 1,416 shares of the stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $407.28, for a total value of $576,708.48. Following the completion of the sale, the director owned 106,015 shares of the company’s stock, valued at approximately $43,177,789.20. This represents a 1.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ray Stata also recently made the following trade(s):

• On Tuesday, October 6th, Ray Stata sold 1,416 shares of Analog Devices stock. The shares were sold at an average price of $420.04, for a total value of $594,776.64.
• On Tuesday, September 8th, Ray Stata sold 1,416 shares of Analog Devices stock. The stock was sold at an average price of $362.85, for a total value of $513,795.60.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $363.56 on Friday. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The business has a 50-day moving average of $390.52 and a 200-day moving average of $373.48. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a market capitalization of $176.17 billion, a price-to-earnings ratio of 43.13, a PEG ratio of 0.88 and a beta of 1.24.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate 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 was up 39.2% on a year-over-year basis. During the same period last year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices’s dividend payout ratio (DPR) is 52.19%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. BlackRock Inc. bought a new position in shares of Analog Devices during the second quarter worth about $18,610,868,000. Bank of America Corp DE bought a new stake in Analog Devices in the 2nd quarter valued at about $3,573,081,000. Legal & General Group Plc bought a new stake in Analog Devices in the 2nd quarter valued at about $1,525,167,000. Bank of New York Mellon Corp acquired a new position in Analog Devices during the 2nd quarter valued at about $1,326,066,000. Finally, Primecap Management Co. CA acquired a new position in Analog Devices during the 2nd quarter valued at about $1,242,479,000. 86.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADI. Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Wall Street Zen downgraded shares of Analog Devices from a “buy” rating to a “hold” rating in a research note on Saturday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 price target (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. Needham & Company LLC raised their price target on shares of Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Finally, TD Cowen lifted their price target on shares of Analog Devices from $460.00 to $475.00 and gave the stock a “buy” rating in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $460.55.

Analog Devices Company Profile

Analog Devices, Inc designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions.

The company’s products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.