Key Points
- Analog Devices CFO Richard Puccio sold 1,500 shares for approximately $631,620 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct holdings by 2.93% to 49,677 shares.
- ADI reported strong quarterly results, with EPS of $3.45 beating estimates and revenue rising 39.2% year over year to $4.02 billion. The company also maintains a $1.10 quarterly dividend, equivalent to a 1.1% yield.
- Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $460.09, although the stock’s elevated valuation of about 49 times earnings could increase sensitivity to slower growth.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CFO Richard Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $421.08, for a total transaction of $631,620.00. Following the completion of the sale, the chief financial officer directly owned 49,677 shares of the company's stock, valued at approximately $20,917,991.16. The trade was a 2.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Analog Devices Stock Performance
Shares of Analog Devices stock opened at $410.08 on Thursday. The company has a market cap of $198.71 billion, a PE ratio of 48.65, a price-to-earnings-growth ratio of 1.30 and a beta of 1.22. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The business has a 50 day moving average price of $378.46 and a 200-day moving average price of $382.55. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.
Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The company had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $3.92 billion. During the same quarter in the previous year, the firm earned $2.05 earnings per share. Analog Devices's quarterly revenue was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities analysts anticipate that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.
Analog Devices Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices's payout ratio is currently 52.19%.
Hedge Funds Weigh In On Analog Devices
A number of hedge funds and other institutional investors have recently made changes to their positions in ADI. Iowa State Bank grew its position in Analog Devices by 1.9% during the third quarter. Iowa State Bank now owns 10,041 shares of the semiconductor company's stock valued at $3,983,000 after buying an additional 185 shares during the period. Rosenberg Matthew Hamilton raised its position in Analog Devices by 29.4% in the third quarter. Rosenberg Matthew Hamilton now owns 639 shares of the semiconductor company's stock worth $253,000 after acquiring an additional 145 shares during the period. Ferguson Wellman Capital Management Inc. boosted its stake in Analog Devices by 0.8% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 139,336 shares of the semiconductor company's stock valued at $55,276,000 after acquiring an additional 1,048 shares during the last quarter. Polaris Financial Partners purchased a new position in Analog Devices in the third quarter valued at about $102,000. Finally, Boltwood Capital Management grew its position in shares of Analog Devices by 1.4% during the 3rd quarter. Boltwood Capital Management now owns 2,935 shares of the semiconductor company's stock valued at $1,164,000 after acquiring an additional 40 shares during the period. 86.81% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. Seaport Research Partners raised shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 price target on the stock in a research report on Thursday, August 20th. TD Cowen reaffirmed a "buy" rating and issued a $460.00 price objective (up from $450.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Wells Fargo & Company decreased their price objective on shares of Analog Devices from $515.00 to $500.00 and set an "overweight" rating for the company in a research note on Thursday, August 20th. Cantor Fitzgerald reissued an "overweight" rating and set a $510.00 target price (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. boosted their target price on Analog Devices from $450.00 to $500.00 and gave the stock an "overweight" rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $460.09.
Check Out Our Latest Research Report on ADI
Trending Headlines about Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Analyst support remains strong. Bank of America identified Analog Devices, along with STMicroelectronics and Texas Instruments, as among the strongest analog semiconductor performers. ADI has a “Moderate Buy” consensus rating, with a reported average price target of $460.09 versus the recent share price. Analog Devices, STMicro and TI seen as strongest analog performers: BofA
- Positive Sentiment: Industry growth and AI exposure remain catalysts. Global semiconductor sales reportedly surpassed $1 trillion, with AI investment supporting demand and placing ADI among the stocks highlighted for potential gains. The company also continues to benefit from applications beyond AI, including industrial, communications and automotive electronics. 4 Semiconductor Stocks to Grab as Sales Hit $1 Trillion for First Time
- Positive Sentiment: New technology adoption adds strategic upside. Lekha Wireless is integrating ADI technology into its 5G radio-access-network portfolio, while ADI also joined Moët Hennessy and UC Davis on an AI-enabled chemical-signature detection project. These initiatives are unlikely to materially affect near-term earnings but demonstrate broader applications for ADI’s sensing and signal-processing technology. Lekha Wireless 5G RAN portfolio integrates ADI technology
- Neutral Sentiment: Recent fundamentals remain solid. ADI’s latest reported quarter exceeded earnings and revenue estimates, with revenue up 39.2% year over year. However, its approximately 49 times earnings valuation leaves the stock sensitive to profit-taking or any slowdown in growth expectations.
- Negative Sentiment: Multiple insiders have recently sold shares. CFO Richard Puccio sold 1,500 shares under a pre-arranged Rule 10b5-1 plan, while other insiders, including Vincent Roche, Vivek Jain and Katsufumi Nakamura, also reported sales. Planned transactions do not necessarily signal deteriorating business prospects, but the cluster of sales may weigh on sentiment. SEC insider transaction filing
About Analog Devices
(
Get Free Report)
Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.
The company's product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.
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