Key Points
- CEO Vincent Roche sold 10,000 shares on April 1 at an average price of $318.14 for about $3.18M, cutting his stake to 167,826 shares (a 5.62% ownership decrease) as disclosed in an SEC filing.
- Strong quarterly results and guidance: ADI reported $2.46 EPS (vs. $2.31 expected) and $3.16B revenue (up 30.4% YoY), set Q2 EPS guidance of $2.73–$3.03, and raised its quarterly dividend to $1.10 ($4.40 annual).
- Analyst optimism: The consensus rating is "Buy" with an average target of $367.81 after several firms raised price targets (UBS and KeyCorp to $430, Jefferies $410).
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $318.14, for a total value of $3,181,400.00. Following the completion of the sale, the chief executive officer directly owned 167,826 shares of the company's stock, valued at approximately $53,392,163.64. This represents a 5.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Vincent Roche also recently made the following trade(s):
- On Monday, February 2nd, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00.
Analog Devices Price Performance
Shares of ADI opened at $318.34 on Friday. The business's 50-day moving average is $325.21 and its 200-day moving average is $281.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.76 and a quick ratio of 1.35. The company has a market capitalization of $155.41 billion, a price-to-earnings ratio of 58.20, a P/E/G ratio of 1.46 and a beta of 1.05. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $363.20.
Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.31 by $0.15. The business had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm's quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the company posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.
Analog Devices Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Analog Devices's previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Tuesday, March 3rd. Analog Devices's dividend payout ratio (DPR) is currently 80.44%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Analog Devices by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 50,893,276 shares of the semiconductor company's stock worth $13,802,256,000 after buying an additional 503,970 shares during the last quarter. State Street Corp lifted its position in Analog Devices by 0.4% during 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 during the last quarter. Morgan Stanley boosted its holdings in Analog Devices by 1.9% during the fourth 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 period. Bank of America Corp DE grew its position in shares of Analog Devices by 42.8% in the fourth quarter. Bank of America Corp DE now owns 9,715,095 shares of the semiconductor company's stock valued at $2,634,734,000 after purchasing an additional 2,912,666 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Analog Devices in the fourth quarter worth about $2,215,516,000. Institutional investors and hedge funds own 86.81% of the company's stock.
Wall Street Analysts Forecast Growth
ADI has been the topic of a number of recent research reports. TD Cowen restated a "buy" rating on shares of Analog Devices in a research note on Thursday, February 19th. Jefferies Financial Group reissued a "buy" rating and issued a $410.00 price target on shares of Analog Devices in a research note on Thursday, February 19th. UBS Group raised their price objective on shares of Analog Devices from $400.00 to $430.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. KeyCorp lifted their target price on shares of Analog Devices from $375.00 to $430.00 and gave the company an "overweight" rating in a research note on Thursday, February 19th. Finally, Benchmark boosted their target price on shares of Analog Devices from $285.00 to $400.00 and gave the stock a "buy" rating in a research report on Thursday, February 19th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Analog Devices presently has a consensus rating of "Buy" and a consensus target price of $367.81.
Get Our Latest Stock Analysis on ADI
About Analog Devices
(
Get Free Report)
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.
Further Reading
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