Ray Stata Sells 1,432 Shares of Analog Devices (NASDAQ:ADI) Stock

Analog Devices, Inc. (NASDAQ:ADIGet Free Report) Director Ray Stata sold 1,432 shares of Analog Devices stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total value of $573,988.56. Following the completion of the sale, the director directly owned 120,175 shares in the company, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 Wednesday, June 10th, Ray Stata sold 1,416 shares of Analog Devices stock. The shares were sold at an average price of $398.11, for a total value of $563,723.76.

Analog Devices Price Performance

NASDAQ:ADI opened at $417.79 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. The stock’s 50-day simple moving average is $391.76 and its 200 day simple moving average is $334.69. The company has a market cap of $203.50 billion, a P/E ratio of 62.08, a P/E/G ratio of 1.15 and a beta of 1.18. Analog Devices, Inc. has a 52-week low of $218.37 and a 52-week high of $439.70.

Analog Devices (NASDAQ:ADIGet Free Report) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the previous year, the business earned $1.85 earnings per share. Analog Devices’s quarterly revenue was up 37.2% on a year-over-year basis. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a dividend of $1.10 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Institutional Investors Weigh In On Analog Devices

A number of institutional investors have recently made changes to their positions in ADI. Banque Transatlantique SA bought a new stake in shares of Analog Devices during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices during the fourth quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Analog Devices during the fourth quarter worth approximately $27,000. Evolution Wealth Management Inc. bought a new stake in shares of Analog Devices during the first quarter worth approximately $30,000. Finally, Y.D. More Investments Ltd bought a new stake in shares of Analog Devices during the third quarter worth approximately $32,000. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on ADI shares. TD Cowen lifted their price target on Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Robert W. Baird lifted their price target on Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Piper Sandler lifted their price target on Analog Devices from $250.00 to $360.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Argus set a $460.00 price target on Analog Devices in a report on Tuesday, May 26th. Finally, Jefferies Financial Group lifted their price target on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $432.71.

View Our Latest Stock Report on ADI

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Analog Devices Company Profile

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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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