Investors Purchase High Volume of Analog Devices Call Options (NASDAQ:ADI)

Analog Devices, Inc. (NASDAQ:ADI) saw unusually large options trading activity on Monday. Stock traders purchased 96,100 call options on the stock. This is an increase of 1,046% compared to the average daily volume of 8,385 call options.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ADI. Wells Fargo & Company increased their price objective on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Needham & Company LLC raised shares of Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research report on Thursday, February 19th. KeyCorp lifted their price target on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. TD Cowen reaffirmed a “buy” rating on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Benchmark boosted their target price on shares of Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $366.96.

Analog Devices Stock Down 0.9%

NASDAQ:ADI traded down $3.38 on Monday, hitting $352.41. 3,323,427 shares of the company’s stock traded hands, compared to its average volume of 4,213,651. The company has a market cap of $172.05 billion, a PE ratio of 64.43, a price-to-earnings-growth ratio of 1.63 and a beta of 1.00. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $310.48 and a 200-day moving average price of $269.80. Analog Devices has a 1 year low of $158.65 and a 1 year high of $363.20.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the prior year, the business posted $1.63 earnings per share. The business’s quarterly revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities analysts anticipate that Analog Devices will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, March 3rd will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is 72.39%.

Insiders Place Their Bets

In other news, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president directly owned 12,710 shares in the company, valued at approximately $3,831,556.60. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $278.44, for a total transaction of $2,784,400.00. Following the completion of the transaction, the senior vice president directly owned 49,664 shares of the company’s stock, valued at $13,828,444.16. This trade represents a 16.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 57,743 shares of company stock worth $16,836,340 over the last ninety days. 0.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On Analog Devices

Several hedge funds have recently modified their holdings of the stock. Howard Hughes Medical Institute bought a new stake in Analog Devices in the second quarter valued at $25,000. Banque Transatlantique SA bought a new position in shares of Analog Devices during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices during the 4th quarter worth $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices during the 4th quarter worth approximately $27,000. Finally, Clayton Financial Group LLC purchased a new position in shares of Analog Devices during the 3rd quarter valued at $31,000. Institutional investors own 86.81% of the company’s stock.

About Analog Devices

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.