Key Points
- CEO Vincent Roche sold 30,000 shares of Analog Devices at an average price of $396.82, totaling about $11.9 million, and reducing his ownership by 17.91%.
- Analog Devices reported strong quarterly results, with EPS of $3.09 versus $2.89 expected and revenue of $3.62 billion, up 37.2% from a year earlier.
- The company also announced a quarterly dividend of $1.10 per share, while analysts remain broadly positive with a consensus “Moderate Buy” rating and an average price target of $432.71.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 30,000 shares of Analog Devices stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $396.82, for a total transaction of $11,904,600.00. Following the sale, the chief executive officer owned 137,538 shares in the company, valued at $54,577,829.16. This represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Vincent Roche also recently made the following trade(s):
- On Tuesday, May 26th, Vincent Roche sold 30,000 shares of Analog Devices stock. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00.
- On Friday, May 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $397.91, for a total value of $3,979,100.00.
- On Wednesday, April 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $318.14, for a total value of $3,181,400.00.
Analog Devices Trading Down 0.7%
NASDAQ:ADI opened at $416.88 on Thursday. The stock's 50 day moving average price is $367.82 and its 200 day moving average price is $320.14. The company has a market capitalization of $203.06 billion, a PE ratio of 61.94, a P/E/G ratio of 1.19 and a beta of 1.19. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 52-week low of $210.80 and a 52-week high of $435.72.
Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $0.20. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm's quarterly revenue was up 37.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 12.31 EPS for the current year.
Analog Devices Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices's dividend payout ratio is currently 65.38%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on ADI shares. Sanford C. Bernstein reiterated a "market perform" rating and set a $430.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Weiss Ratings raised Analog Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, May 22nd. Wall Street Zen raised Analog Devices from a "hold" rating to a "buy" rating in a research note on Sunday. Wolfe Research reaffirmed an "outperform" rating and set a $475.00 price objective on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Arete Research raised Analog Devices from a "neutral" rating to a "buy" rating and set a $389.00 price objective for the company in a research note on Monday, March 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Analog Devices presently has an average rating of "Moderate Buy" and a consensus price target of $432.71.
Check Out Our Latest Stock Report on Analog Devices
Hedge Funds Weigh In On Analog Devices
Several institutional investors have recently bought and sold shares of ADI. Jones Financial Companies Lllp grew its holdings in shares of Analog Devices by 12.9% during the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company's stock worth $41,907,000 after buying an additional 19,383 shares in the last quarter. Nordea Investment Management AB grew its holdings in shares of Analog Devices by 247.3% during the fourth quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company's stock worth $95,802,000 after buying an additional 249,702 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in shares of Analog Devices by 18.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 20,734 shares of the semiconductor company's stock worth $5,094,000 after buying an additional 3,286 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of Analog Devices by 26.4% during the third quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company's stock worth $10,795,000 after buying an additional 9,174 shares in the last quarter. Finally, National Pension Service grew its holdings in shares of Analog Devices by 1.8% during the third quarter. National Pension Service now owns 1,347,535 shares of the semiconductor company's stock worth $331,089,000 after buying an additional 24,392 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.
More Analog Devices News
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: JPMorgan raised its price target on Analog Devices to $450 from $400 and kept an overweight rating, signaling confidence in additional upside. Benzinga report on JPMorgan price target increase
- Positive Sentiment: Analyst coverage has turned more favorable, with reports highlighting solid earnings estimate revisions and suggesting ADI could be poised for a near-term surge. Zacks report on earnings estimate revisions
- Positive Sentiment: ADI’s AI/data center business is showing strong momentum, with one report citing 90% growth in AI data center revenue and margin expansion from optical and power solutions. Yahoo Finance article on AI data center momentum
- Positive Sentiment: Management’s latest earnings call commentary emphasized stronger-than-expected industrial and data center demand, along with broad strength in analog and mixed-signal solutions. Yahoo Finance article on earnings call
- Neutral Sentiment: CEO Vincent Roche disclosed two sales of 30,000 shares each, totaling about $24.4 million, which may raise some investor caution but do not by themselves indicate a change in fundamentals.
- Neutral Sentiment: Broader tech-sector strength and record highs in the Nasdaq have also supported investor appetite for semiconductor names like ADI. Barchart market backdrop article
Analog Devices Company Profile
(
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.
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