Analog Devices (NASDAQ:ADI) Shares Unloaded by Sen. Sheldon Whitehouse

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold part of their stake in Analog Devices, Inc. (NASDAQ:ADI). In a filing disclosed on October 1st, the Senator disclosed that they had sold between $1,001 and $15,000 in Analog Devices stock on September 4th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 9/4/2026.
• Sold $15,001 – $50,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 9/4/2026.
• Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/13/2026.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/13/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 8/13/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/12/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 7/20/2026.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $417.15 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $375.29 and its two-hundred day moving average is $379.83. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a market capitalization of $202.14 billion, a PE ratio of 49.48, a price-to-earnings-growth ratio of 1.25 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last released 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 business had revenue of $4.02 billion during 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 business’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period last year, the company earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm 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. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.

Institutional Trading of Analog Devices

A number of hedge funds have recently added to or reduced their stakes in ADI. Banque Transatlantique SA bought a new stake in shares of Analog Devices in the 4th quarter valued at about $25,000. Contravisory Investment Management Inc. bought a new position in shares of Analog Devices during the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC purchased a new position in Analog Devices during the second quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices in the fourth quarter worth approximately $26,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in Analog Devices during the fourth quarter worth $27,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Richard Puccio, Jr. sold 2,683 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the sale, the chief financial officer owned 54,177 shares of the company’s stock, valued at $20,292,537.12. This trade represents a 4.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $356.33, for a total transaction of $3,563,300.00. Following the completion of the sale, the chief executive officer owned 134,660 shares in the company, valued at $47,983,397.80. This represents a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 31,931 shares of company stock valued at $11,663,332. 0.36% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ADI has been the subject of a number of research analyst reports. BMO Capital Markets initiated coverage on shares of Analog Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $430.00 price objective for the company. Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $430.00 to $465.00 in a research note on Wednesday, August 19th. Seaport Research Partners raised shares of Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a research report on Thursday, August 20th. Needham & Company LLC lifted their price target on shares of Analog Devices from $440.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. boosted their price target on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $460.09.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.

Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.