Analog Devices (NASDAQ:ADI) CFO Sells $631,620.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) CFO Richard Puccio, Jr. sold 1,500 shares of the stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $421.08, for a total value of $631,620.00. Following the transaction, the chief financial officer owned 49,677 shares in the company, valued at $20,917,991.16. This represents a 2.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Stock Up 0.1%

Analog Devices stock opened at $406.19 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The stock has a market capitalization of $196.83 billion, a PE ratio of 48.18, a price-to-earnings-growth ratio of 1.25 and a beta of 1.22. The business has a 50 day simple moving average of $380.02 and a 200-day simple moving average of $383.39. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) 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 return on equity of 16.39% and a net margin of 29.79%. The business’s revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s payout ratio is currently 52.19%.

Institutional Trading of Analog Devices

A number of hedge funds have recently bought and sold shares of the business. RFG Bristol Wealth Advisors LLC lifted its stake in Analog Devices by 233.7% in the 3rd quarter. RFG Bristol Wealth Advisors LLC now owns 3,354 shares of the semiconductor company’s stock worth $1,331,000 after purchasing an additional 2,349 shares in the last quarter. Balefire LLC boosted its holdings in shares of Analog Devices by 13.1% during the 3rd quarter. Balefire LLC now owns 762 shares of the semiconductor company’s stock worth $302,000 after purchasing an additional 88 shares during the last quarter. Avity Investment Management Inc. purchased a new stake in shares of Analog Devices in the third quarter valued at approximately $2,660,000. Riversedge Advisors LLC increased its holdings in shares of Analog Devices by 102.9% in the third quarter. Riversedge Advisors LLC now owns 1,339 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 679 shares during the last quarter. Finally, Wedmont Private Capital increased its holdings in shares of Analog Devices by 6.6% in the third quarter. Wedmont Private Capital now owns 14,194 shares of the semiconductor company’s stock valued at $5,762,000 after purchasing an additional 882 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ADI. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $480.00 price target (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. Sanford C. Bernstein raised Analog Devices from a “market perform” rating to an “outperform” rating and increased their target price for the company from $430.00 to $465.00 in a report on Wednesday, August 19th. JPMorgan Chase & Co. raised their target price on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Piper Sandler set a $460.00 price target on Analog Devices in a research note on Tuesday, September 8th. Finally, Needham & Company LLC boosted their price target on Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $460.09.

Key Analog Devices News

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Analyst outlook remains constructive. TD Cowen maintained a Buy rating and a $460 price target, above ADI’s recent trading level. Wall Street’s broader consensus remains “Moderate Buy,” with an average target near $460. TD Cowen keeps $460 target for Analog Devices
• Positive Sentiment: ADI is expanding its communications technology footprint. India-based Lekha Wireless plans to integrate Analog Devices radio technology into 4G and 5G products. The agreement is unlikely to materially change near-term earnings, but it reinforces ADI’s exposure to communications infrastructure and 5G demand. Lekha Wireless to integrate Analog Devices technology
• Neutral Sentiment: Reported short interest was zero. The October 9 report lists no shares sold short and a 0.0-day short-interest ratio. This could remove a source of bearish pressure, although the unusual figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Neutral Sentiment: Strong fundamentals are balanced by a demanding valuation. ADI’s latest quarter exceeded earnings and revenue expectations, with revenue increasing 39.2% year over year. The stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking if growth or AI-related semiconductor demand disappoints.
• Negative Sentiment: Several insiders have sold shares. Director Ray Stata sold 1,416 shares for approximately $594,777, CFO Richard Puccio sold 1,500 shares for about $631,620, and Vivek Jain sold a combined 5,305 shares worth roughly $2.16 million. The transactions were made under pre-arranged Rule 10b5-1 plans and do not necessarily indicate weakening business prospects, but the cluster of sales may weigh on sentiment. Analog Devices insider buying and selling

Analog Devices Company Profile

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.