Analog Devices (NASDAQ:ADI) CEO Vincent Roche Sells 10,000 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 125,670 shares of the company’s stock, valued at approximately $53,467,558.20. The trade was a 7.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $396.94, for a total value of $3,969,400.00.
• On Tuesday, September 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $356.33, for a total value of $3,563,300.00.

Analog Devices Stock Up 1.7%

Shares of ADI opened at $419.79 on Wednesday. The stock has a market capitalization of $203.42 billion, a price-to-earnings ratio of 49.80, a price-to-earnings-growth ratio of 1.00 and a beta of 1.24. Analog Devices, Inc. has a 1 year low of $223.47 and a 1 year high of $445.91. The business’s 50 day simple moving average is $390.31 and its 200-day simple moving average is $372.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.

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

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Analog Devices’s payout ratio is 52.19%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ADI shares. Arete Research increased their price target on shares of Analog Devices from $487.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, August 20th. TD Cowen boosted their price objective on Analog Devices from $460.00 to $475.00 and gave the stock a “buy” rating in a research note on Monday, October 19th. KeyCorp upped their price objective on Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, BMO Capital Markets began coverage on Analog Devices in a report on Thursday, August 20th. They issued an “outperform” rating and a $430.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $460.55.

Institutional Investors Weigh In On Analog Devices

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Almanack Investment Partners LLC. raised its stake in shares of Analog Devices by 21.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 1,124 shares of the semiconductor company’s stock worth $446,000 after buying an additional 198 shares during the period. M Holdings Securities Inc. acquired a new stake in Analog Devices in the 3rd quarter valued at $375,000. Brighton Jones LLC grew its stake in Analog Devices by 34.3% in the 3rd quarter. Brighton Jones LLC now owns 5,526 shares of the semiconductor company’s stock valued at $2,192,000 after acquiring an additional 1,410 shares during the period. Candriam S.C.A. increased its holdings in Analog Devices by 29.8% in the 3rd quarter. Candriam S.C.A. now owns 384,899 shares of the semiconductor company’s stock worth $153,251,000 after acquiring an additional 88,442 shares in the last quarter. Finally, StoneX Group Inc. increased its holdings in Analog Devices by 1.4% in the 3rd quarter. StoneX Group Inc. now owns 11,829 shares of the semiconductor company’s stock worth $4,684,000 after acquiring an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

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.