Key Points
- Analog Devices CEO Vincent Roche sold 10,000 shares at an average price of $356.33, generating $3.56 million. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by 6.91%.
- Analog Devices recently exceeded quarterly expectations, reporting $3.45 in EPS versus a $3.34 consensus estimate and $4.02 billion in revenue, up 39.2% year over year.
- Analysts remain broadly optimistic, with the stock carrying a consensus “Buy” rating and an average price target of $454.63. The company also declared a quarterly dividend of $1.10 per share, equivalent to a 1.2% annualized yield.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of the company's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $356.33, for a total transaction of $3,563,300.00. Following the transaction, the chief executive officer owned 134,660 shares in the company, valued at approximately $47,983,397.80. This trade represents a 6.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vincent Roche also recently made the following trade(s):
- On Monday, August 3rd, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $363.00, for a total transaction of $3,630,000.00.
- On Wednesday, July 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $389.75, for a total transaction of $3,897,500.00.
Analog Devices Price Performance
ADI opened at $355.71 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The stock has a market capitalization of $172.37 billion, a P/E ratio of 42.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.20. The company's 50 day simple moving average is $378.90 and its 200-day simple moving average is $373.85. Analog Devices, Inc. has a one year low of $223.47 and a one year high of $445.91.
Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The business's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.
Analog Devices Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices's dividend payout ratio is presently 52.19%.
Institutional Investors Weigh In On Analog Devices
Hedge funds have recently modified their holdings of the business. ING Groep NV raised its holdings in shares of Analog Devices by 45.1% in the fourth quarter. ING Groep NV now owns 222,559 shares of the semiconductor company's stock valued at $60,358,000 after purchasing an additional 69,202 shares during the last quarter. MGO One Seven LLC boosted its holdings in Analog Devices by 17.7% during the fourth quarter. MGO One Seven LLC now owns 45,547 shares of the semiconductor company's stock worth $12,352,000 after purchasing an additional 6,846 shares during the last quarter. Natixis Advisors LLC grew its position in Analog Devices by 2.4% in the fourth quarter. Natixis Advisors LLC now owns 1,002,286 shares of the semiconductor company's stock valued at $271,791,000 after purchasing an additional 23,531 shares in the last quarter. National Pension Service increased its stake in Analog Devices by 0.5% in the 4th quarter. National Pension Service now owns 1,354,027 shares of the semiconductor company's stock valued at $367,212,000 after buying an additional 6,492 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in Analog Devices by 108.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 20,464 shares of the semiconductor company's stock valued at $6,511,000 after buying an additional 10,648 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. BMO Capital Markets assumed coverage on shares of Analog Devices in a research report on Thursday, August 20th. They set an "outperform" rating and a $430.00 target price for the company. Citigroup upped their price target on Analog Devices from $400.00 to $460.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. TD Cowen reiterated a "buy" rating and issued a $460.00 price target on shares of Analog Devices in a research report on Thursday, August 20th. Oppenheimer boosted their price objective on shares of Analog Devices from $400.00 to $450.00 and gave the company an "outperform" rating in a report on Tuesday, May 12th. Finally, Truist Financial upped their target price on shares of Analog Devices from $364.00 to $405.00 and gave the company a "hold" rating in a research note on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Analog Devices has an average rating of "Buy" and an average target price of $454.63.
View Our Latest 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.
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