Insider Selling: Analog Devices (NASDAQ:ADI) CFO Sells $545,475.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) CFO Richard Puccio, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $363.65, for a total value of $545,475.00. Following the completion of the transaction, the chief financial officer owned 52,677 shares of the company’s stock, valued at approximately $19,155,991.05. This represents a 2.77% decrease in their position. The transaction 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.

Analog Devices Stock Up 4.9%

Shares of NASDAQ:ADI opened at $378.78 on Friday. The company has a market capitalization of $183.54 billion, a price-to-earnings ratio of 44.93, a price-to-earnings-growth ratio of 1.12 and a beta of 1.20. The company has a 50 day moving average of $375.14 and a two-hundred day moving average of $374.67. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. The business had revenue of $4.02 billion for 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 business’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts forecast that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s dividend payout ratio is presently 52.19%.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System increased its holdings in Analog Devices by 39,170.1% in the second quarter. California State Teachers Retirement System now owns 296,317,813 shares of the semiconductor company’s stock valued at $117,688,546,000 after buying an additional 295,563,249 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Analog Devices in the 2nd quarter worth approximately $18,610,868,000. State Street Corp grew its position in shares of Analog Devices by 0.4% in the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock worth $6,369,833,000 after acquiring an additional 88,538 shares in the last quarter. Morgan Stanley increased its holdings in shares of Analog Devices by 1.9% in the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after acquiring an additional 194,535 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Analog Devices by 5.2% during the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock valued at $3,250,341,000 after acquiring an additional 501,604 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of analyst reports. 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 research report on Thursday, August 20th. Bank of America increased their price target on Analog Devices from $425.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. The Goldman Sachs Group restated a “buy” rating and set a $480.00 price objective on shares of Analog Devices in a research note on Wednesday, August 19th. Weiss Ratings upgraded Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Analog Devices in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $457.97.

Trending Headlines about Analog Devices

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

• Positive Sentiment: Edge-AI growth opportunity: Investors appear encouraged that ADI is adding embedded AI capabilities to its established analog, sensing and power-management portfolio. The acquisition could create cross-selling opportunities and diversify ADI’s AI exposure beyond data-center chips. Analog Devices to Buy Alif Semiconductor
• Positive Sentiment: Strong fundamental backdrop: ADI’s latest quarterly results exceeded expectations, with $3.45 in EPS and $4.02 billion in revenue. Revenue increased 39.2% year over year, and current guidance calls for fourth-quarter EPS of $3.71 to $4.01. TD Cowen has reiterated a Buy rating, while the broader analyst consensus remains positive.
• Neutral Sentiment: Insider selling: Director Ray Stata sold 1,416 shares for about $513,796, following CFO Richard Puccio’s sale of 1,500 shares worth approximately $545,475. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating management confidence.
• Negative Sentiment: Acquisition and valuation risks: The all-cash Alif purchase requires significant capital and carries integration and execution risk. With ADI trading at an elevated earnings multiple, investors may be less tolerant of delays, weak adoption or disappointing financial returns from the edge-AI strategy.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, power-management and radio-frequency integrated circuits. Its technologies help convert real-world signals—such as temperature, pressure, sound, motion and light—into data that electronic systems can process and use.

The company offers data converters, amplifiers, power-management products, sensors, embedded processors, connectivity solutions and other semiconductor components.