Key Points
- Analog Devices director Ray Stata sold 1,416 shares for approximately $534,356 under a pre-arranged Rule 10b5-1 trading plan, reducing his ownership by 1.22% to 114,511 shares.
- Analog Devices reported strong quarterly results, with $3.09 earnings per share and $3.62 billion in revenue, up 37.2% year over year and above analyst expectations.
- Analysts maintain a positive view of ADI, with a consensus “Moderate Buy” rating and an average price target of $441, while the company continues paying a quarterly dividend of $1.10.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Ray Stata sold 1,416 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $377.37, for a total value of $534,355.92. Following the completion of the sale, the director owned 114,511 shares of the company's stock, valued at approximately $43,213,016.07. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ray Stata also recently made the following trade(s):
- On Tuesday, July 7th, Ray Stata sold 1,416 shares of Analog Devices stock. The shares were sold at an average price of $377.01, for a total value of $533,846.16.
- On Wednesday, June 10th, Ray Stata sold 1,416 shares of Analog Devices stock. The stock was sold at an average price of $398.11, for a total value of $563,723.76.
- On Tuesday, June 9th, Ray Stata sold 1,432 shares of Analog Devices stock. The shares were sold at an average price of $400.83, for a total value of $573,988.56.
Analog Devices Stock Performance
Shares of NASDAQ:ADI opened at $377.31 on Friday. The business's 50-day simple moving average is $395.07 and its 200 day simple moving average is $365.79. The company has a market cap of $183.78 billion, a P/E ratio of 56.06, a PEG ratio of 0.98 and a beta of 1.20. 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, Inc. has a one year low of $221.15 and a one year high of $445.91.
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 for the quarter, topping analysts' consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.51 billion. During the same quarter in the prior year, the business earned $1.85 EPS. Analog Devices'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. On average, sell-side analysts forecast that Analog Devices, Inc. will post 12.42 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a $1.10 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Analog Devices's dividend payout ratio is 65.38%.
More Analog Devices News
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Broad strength across semiconductor stocks, fueled by renewed artificial-intelligence enthusiasm, strong memory demand and anticipation of additional chip-industry earnings, provides a supportive environment for ADI. Semiconductor Rally Powers S&P 500 to Fresh Record High
- Positive Sentiment: Analyst optimism remains a key support. ADI recently exceeded earnings and revenue estimates, posting $3.09 in EPS and $3.62 billion in revenue, while its latest quarterly revenue increased 37.2% year over year. Estimate revisions and the company’s history of earnings beats could keep investor attention focused on its next report. Analog Devices Could Be 16% Undervalued After Fresh Earnings Optimism
- Neutral Sentiment: ADI director Ray Stata sold 1,416 shares for approximately $534,000, reducing his direct ownership by 1.22%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which limits its value as a signal about the company’s outlook. SEC Form 4: Ray Stata Transaction
- Negative Sentiment: CEO Vincent Roche recently sold 10,000 shares for $3.63 million, cutting his direct ownership by 6.78%. Although the sale also occurred under a 10b5-1 plan and does not necessarily indicate weakening confidence, repeated insider selling can create near-term investor caution. SEC Form 4: Vincent Roche Transaction
Hedge Funds Weigh In On Analog Devices
A number of hedge funds have recently added to or reduced their stakes in ADI. Vanguard Group Inc. lifted its position in shares of Analog Devices by 1.0% in the 4th 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 grew its position in shares of Analog Devices by 0.4% during the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company's stock valued at $6,369,833,000 after buying an additional 88,538 shares during the last quarter. Morgan Stanley grew its position in shares of Analog Devices by 1.9% during the 4th quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company's stock valued at $2,834,210,000 after buying an additional 194,535 shares during the last quarter. Bank of America Corp DE raised its stake in Analog Devices by 5.2% during the first quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company's stock worth $3,250,341,000 after acquiring an additional 501,604 shares during the period. Finally, Norges Bank acquired a new stake in Analog Devices during the fourth quarter worth about $2,215,516,000. Institutional investors and hedge funds own 86.81% of the company's stock.
Analyst Ratings Changes
Several research firms recently issued reports on ADI. Barclays lifted their price target on shares of Analog Devices from $430.00 to $450.00 and gave the stock an "overweight" rating in a research note on Thursday, May 21st. KeyCorp upped their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. Citigroup raised their target price on Analog Devices from $400.00 to $460.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. 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, Fundamental Research set a $550.00 price target on Analog Devices in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Analog Devices has a consensus rating of "Moderate Buy" and an average price target of $441.00.
Check Out Our Latest Stock Analysis on Analog Devices
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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