Analog Devices (NASDAQ:ADI) Director Sells $242,740.00 in Stock

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) Director Edward Frank sold 1,000 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Analog Devices Trading Down 0.0%

ADI opened at $237.88 on Friday. The firm has a market cap of $117.03 billion, a P/E ratio of 60.68, a P/E/G ratio of 2.00 and a beta of 1.09. The business has a fifty day simple moving average of $241.59 and a 200-day simple moving average of $224.03. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

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

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

Institutional Trading of Analog Devices

A number of hedge funds and other institutional investors have recently made changes to their positions in ADI. Brighton Jones LLC increased its position in shares of Analog Devices by 39.5% during the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Analog Devices by 17.8% during the first quarter. Sivia Capital Partners LLC now owns 1,288 shares of the semiconductor company’s stock worth $260,000 after purchasing an additional 195 shares in the last quarter. Clean Yield Group increased its position in shares of Analog Devices by 86.7% during the first quarter. Clean Yield Group now owns 196 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 91 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in shares of Analog Devices by 11.0% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 6,322 shares of the semiconductor company’s stock worth $1,275,000 after purchasing an additional 627 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of Analog Devices by 8.9% during the first quarter. Capital Investment Advisors LLC now owns 1,111 shares of the semiconductor company’s stock worth $224,000 after purchasing an additional 91 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Stifel Nicolaus lifted their target price on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a report on Friday, July 18th. Noble Financial upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Finally, Barclays lifted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a report 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 company. According to data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Read Our Latest Research Report on ADI

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.

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