Analog Devices (NASDAQ:ADI) Director Sells $389,830.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction on Monday, July 13th. The stock was sold at an average price of $389.83, for a total transaction of $389,830.00. Following the transaction, the director directly owned 11,019 shares of the company’s stock, valued at $4,295,536.77. The trade was a 8.32% decrease in their ownership of the stock. 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.

Karen Golz also recently made the following trade(s):

• On Friday, June 12th, Karen Golz sold 1,000 shares of Analog Devices stock. The shares were sold at an average price of $411.95, for a total transaction of $411,950.00.

Analog Devices Trading Up 1.7%

Shares of Analog Devices stock traded up $6.69 during trading on Tuesday, hitting $392.70. The stock had a trading volume of 3,135,955 shares, compared to its average volume of 4,281,864. The firm’s fifty day simple moving average is $408.54 and its 200-day simple moving average is $354.50. The stock has a market cap of $191.28 billion, a PE ratio of 58.35, a PEG ratio of 1.11 and a beta of 1.18. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. Analog Devices, Inc. has a 12 month low of $218.37 and a 12 month high of $445.91.

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

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices’s dividend payout ratio is currently 65.38%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Banque Transatlantique SA purchased a new position in Analog Devices during the 4th quarter worth $25,000. Contravisory Investment Management Inc. bought a new position in shares of Analog Devices during the 2nd quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Analog Devices during the 4th quarter worth $26,000. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Analog Devices during the fourth quarter valued at $27,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Analog Devices in the first quarter valued at about $30,000. Institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ADI. Cantor Fitzgerald increased their price target on Analog Devices from $510.00 to $550.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Truist Financial upped their price objective on Analog Devices from $364.00 to $405.00 and gave the company a “hold” rating in a research report on Wednesday, May 20th. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a research note on Sunday, May 24th. Jefferies Financial Group lifted their target price on Analog Devices from $410.00 to $475.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $441.00.

About Analog Devices

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.