Analog Devices (NASDAQ:ADI) CEO Sells $4,254,600.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $425.46, for a total value of $4,254,600.00. Following the completion of the sale, the chief executive officer directly owned 125,670 shares in the company, valued at $53,467,558.20. This trade represents a 7.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vincent Roche also recently made the following trade(s):

• On Thursday, October 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $396.94, for a total transaction of $3,969,400.00.
• On Tuesday, September 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $356.33, for a total transaction of $3,563,300.00.

Analog Devices Price Performance

Shares of Analog Devices stock traded up $6.94 during midday trading on Tuesday, hitting $419.79. 4,480,020 shares of the company traded hands, compared to its average volume of 4,049,833. The stock has a market cap of $203.42 billion, a price-to-earnings ratio of 49.80, a PEG ratio of 1.32 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The firm’s fifty day moving average price is $389.34 and its 200-day moving average price is $371.71. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company’s quarterly revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the business posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently declared 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 1.0%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in Analog Devices by 1.2% during the third quarter. Parallel Advisors LLC now owns 16,353 shares of the semiconductor company’s stock worth $6,487,000 after buying an additional 197 shares during the last quarter. Plancorp LLC increased its position in shares of Analog Devices by 22.5% during the third quarter. Plancorp LLC now owns 916 shares of the semiconductor company’s stock worth $382,000 after acquiring an additional 168 shares in the last quarter. May Hill Capital LLC increased its position in shares of Analog Devices by 20.4% during the third quarter. May Hill Capital LLC now owns 767 shares of the semiconductor company’s stock worth $304,000 after acquiring an additional 130 shares in the last quarter. LightSquare Wealth Management LLC raised its holdings in shares of Analog Devices by 9.0% in the 3rd quarter. LightSquare Wealth Management LLC now owns 1,124 shares of the semiconductor company’s stock worth $446,000 after acquiring an additional 93 shares during the last quarter. Finally, Alps Advisors Inc. raised its holdings in shares of Analog Devices by 492.5% in the 3rd quarter. Alps Advisors Inc. now owns 17,758 shares of the semiconductor company’s stock worth $7,045,000 after acquiring an additional 14,761 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $430.00 to $465.00 in a research report on Wednesday, August 19th. The Goldman Sachs Group reissued a “buy” rating and issued a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research report on Wednesday, August 19th. KeyCorp upped their target price on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Robert W. Baird raised their target price on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Finally, Seaport Research Partners upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price for the company in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $460.55.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.