Analog Devices, Inc. (NASDAQ:ADI) SVP Peter Real sold 4,505 shares of the firm’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $82.13, for a total value of $369,995.65. Following the transaction, the senior vice president now directly owns 13,531 shares of the company’s stock, valued at $1,111,301.03. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Peter Real also recently made the following trade(s):

  • On Friday, July 21st, Peter Real sold 4,505 shares of Analog Devices stock. The stock was sold at an average price of $80.07, for a total value of $360,715.35.

Analog Devices, Inc. (NASDAQ:ADI) traded down 0.06% during trading on Thursday, reaching $83.67. The company’s stock had a trading volume of 5,136,053 shares. Analog Devices, Inc. has a one year low of $59.01 and a one year high of $90.49. The company has a 50-day moving average of $79.22 and a 200 day moving average of $79.94. The firm has a market cap of $30.71 billion, a PE ratio of 32.05 and a beta of 1.30.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 30th. The semiconductor company reported $1.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.15 by $0.11. Analog Devices had a net margin of 20.88% and a return on equity of 19.39%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the firm earned $0.82 earnings per share. The business’s revenue for the quarter was up 64.9% on a year-over-year basis. Analysts expect that Analog Devices, Inc. will post $4.37 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Friday, September 8th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date is Thursday, September 7th. Analog Devices’s dividend payout ratio is 67.92%.

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ADI has been the subject of several analyst reports. Jefferies Group LLC reaffirmed a “buy” rating on shares of Analog Devices in a research report on Monday, July 10th. BidaskClub lowered Analog Devices from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Raymond James Financial, Inc. initiated coverage on Analog Devices in a research report on Friday, June 16th. They set a “market perform” rating for the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $92.00 target price on shares of Analog Devices in a research report on Friday, August 4th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $100.00 target price (up from $98.00) on shares of Analog Devices in a research report on Thursday. Twelve analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Analog Devices presently has a consensus rating of “Buy” and a consensus price target of $91.50.

Institutional investors have recently made changes to their positions in the stock. Nationwide Fund Advisors increased its stake in shares of Analog Devices by 14.0% in the first quarter. Nationwide Fund Advisors now owns 153,484 shares of the semiconductor company’s stock valued at $12,578,000 after buying an additional 18,794 shares during the period. Waldron LP increased its stake in shares of Analog Devices by 40.9% in the first quarter. Waldron LP now owns 4,166 shares of the semiconductor company’s stock valued at $341,000 after buying an additional 1,210 shares during the period. Strs Ohio increased its stake in shares of Analog Devices by 83.6% in the first quarter. Strs Ohio now owns 8,063 shares of the semiconductor company’s stock valued at $660,000 after buying an additional 3,671 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Analog Devices by 35.1% in the first quarter. Russell Investments Group Ltd. now owns 314,367 shares of the semiconductor company’s stock valued at $25,781,000 after buying an additional 81,722 shares during the period. Finally, DUPONT CAPITAL MANAGEMENT Corp increased its stake in shares of Analog Devices by 7.1% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 10,791 shares of the semiconductor company’s stock valued at $884,000 after buying an additional 714 shares during the period. 86.88% of the stock is owned by institutional investors and hedge funds.

Analog Devices Company Profile

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

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