Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $389.75, for a total value of $3,897,500.00. Following the completion of the transaction, the chief executive officer owned 137,538 shares in the company, valued at $53,605,435.50. This represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 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 22nd, Vincent Roche sold 30,000 shares of Analog Devices stock. The stock was sold at an average price of $396.82, for a total value of $11,904,600.00.
- On Friday, May 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00.
Analog Devices Stock Performance
Shares of Analog Devices stock opened at $388.83 on Tuesday. The company has a market capitalization of $189.40 billion, a PE ratio of 57.78, a P/E/G ratio of 1.06 and a beta of 1.18. The company has a 50-day simple moving average of $409.39 and a two-hundred day simple moving average of $349.73. Analog Devices, Inc. has a one year low of $218.37 and a one year high of $445.91. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75.
Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data 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. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. During the same quarter in the previous year, the firm earned $1.85 EPS. The company's quarterly 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. Research analysts expect that Analog Devices, Inc. will post 12.41 EPS for the current fiscal year.
Analog Devices Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.10 dividend. 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 (DPR) is presently 65.38%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. The Goldman Sachs Group reiterated a "buy" rating and issued a $450.00 price target on shares of Analog Devices in a research note on Wednesday, May 20th. Wells Fargo & Company upped their price objective on shares of Analog Devices from $470.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, May 21st. Jefferies Financial Group increased their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Truist Financial boosted their target price on shares of Analog Devices from $364.00 to $405.00 and gave the stock a "hold" rating in a research report on Wednesday, May 20th. Finally, Needham & Company LLC upped their price target on shares of Analog Devices from $400.00 to $440.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $439.79.
Check Out Our Latest Analysis on ADI
Institutional Trading of Analog Devices
A number of hedge funds have recently added to or reduced their stakes in the company. Banque Transatlantique SA acquired a new position in shares of Analog Devices in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of Analog Devices in the 4th quarter valued at about $26,000. Gordian Capital Singapore Pte Ltd acquired a new position in Analog Devices in the 4th quarter worth about $27,000. Evolution Wealth Management Inc. acquired a new position in Analog Devices in the 1st quarter worth about $30,000. Finally, Albion Financial Group UT grew its holdings in Analog Devices by 41.4% in the fourth quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 36 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.
Analog Devices Company Profile
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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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