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

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) Director Ray Stata sold 1,416 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $398.11, for a total transaction of $563,723.76. Following the transaction, the director owned 118,759 shares in the company, valued at approximately $47,279,145.49. This trade represents a 1.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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, June 9th, Ray Stata sold 1,432 shares of Analog Devices stock. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56.

Analog Devices Stock Performance

Analog Devices stock opened at $417.79 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1 year low of $218.37 and a 1 year high of $439.70. The company has a market cap of $203.50 billion, a PE ratio of 62.08, a PEG ratio of 1.17 and a beta of 1.18. The company’s 50-day moving average is $391.76 and its two-hundred day moving average is $334.69.

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. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. Analog Devices’s revenue for the quarter was up 37.2% on a year-over-year basis. During the same period last year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 12.41 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be paid 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 is Tuesday, June 2nd. Analog Devices’s dividend payout ratio is presently 65.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Banque Transatlantique SA bought a new stake in shares of Analog Devices during the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices during the fourth quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Analog Devices in the fourth quarter worth $27,000. Evolution Wealth Management Inc. purchased a new stake in Analog Devices in the first quarter worth $30,000. Finally, Y.D. More Investments Ltd purchased a new stake in shares of Analog Devices in the third quarter worth $32,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on ADI. JPMorgan Chase & Co. raised their target price on shares of Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Needham & Company LLC upped their price objective on shares of Analog Devices from $400.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Citigroup boosted their target price on Analog Devices from $400.00 to $460.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Analog Devices in a research note on Wednesday, May 20th. Finally, Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Sunday, May 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $432.71.

Get Our Latest Stock Analysis on Analog Devices

Analog Devices News Summary

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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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Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

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