Rep. Rick Larsen Buys Shares of Analog Devices, Inc. (NASDAQ:ADI)

Representative Rick Larsen (Democratic-Washington) recently bought shares of Analog Devices, Inc. (NASDAQ:ADI). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Analog Devices stock on October 8th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 10/8/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Williams-Sonoma (NYSE:WSM) on 10/8/2026.

Analog Devices Stock Up 2.1%

NASDAQ:ADI opened at $414.70 on Wednesday. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91. 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 company has a market cap of $200.95 billion, a PE ratio of 49.19, a P/E/G ratio of 1.25 and a beta of 1.22. The firm’s 50 day simple moving average is $381.59 and its 200 day simple moving average is $385.14.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company’s revenue was up 39.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ADI. IPG Investment Advisors LLC bought a new position in shares of Analog Devices during the 2nd quarter valued at about $1,922,000. Patriot Financial Group Insurance Agency LLC grew its position in shares of Analog Devices by 108.5% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company’s stock valued at $6,511,000 after purchasing an additional 10,648 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Analog Devices by 6.3% in the first quarter. Lazard Asset Management LLC now owns 1,708,858 shares of the semiconductor company’s stock worth $543,656,000 after buying an additional 101,298 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Analog Devices during the second quarter valued at approximately $500,414,000. Finally, Ieq Capital LLC bought a new position in Analog Devices during the second quarter valued at approximately $19,643,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ADI. Seaport Research Partners raised Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a report on Thursday, August 20th. KeyCorp increased their price target on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Stifel Nicolaus lifted their price objective on Analog Devices from $450.00 to $498.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 target price (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. Finally, TD Cowen reissued a “buy” rating and set a $460.00 target price (up from $450.00) on shares of Analog Devices in a research report on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $460.09.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CFO Richard Puccio, Jr. sold 2,683 shares of Analog Devices stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $374.56, for a total value 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. The trade was a 4.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the company’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total value of $1,343,746.90. Following the sale, the insider directly owned 40,428 shares in the company, valued at $16,437,216.24. This trade represents a 7.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 50,936 shares of company stock worth $19,430,764 in the last quarter. 0.36% of the stock is owned by corporate insiders.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.