Key Points
- Analog Devices insider Vivek Jain sold 2,000 shares for approximately $819,580 at an average price of $409.79, reducing his direct holdings by 4.37% to 43,733 shares. He also recently sold an additional 5,305 shares in separate transactions.
- ADI reported strong quarterly results, with revenue rising 39.2% year over year to $4.02 billion and EPS of $3.45, exceeding analyst expectations. The company also pays an annualized $4.40 dividend, yielding about 1.1%.
- Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $460.09 versus a recent share price near $406, though the stock’s valuation of roughly 48 times earnings remains demanding.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) insider Vivek Jain sold 2,000 shares of the business's stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $409.79, for a total transaction of $819,580.00. Following the transaction, the insider directly owned 43,733 shares of the company's stock, valued at approximately $17,921,346.07. This represents a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Vivek Jain also recently made the following trade(s):
- On Thursday, October 8th, Vivek Jain sold 3,305 shares of Analog Devices stock. The shares were sold at an average price of $406.58, for a total value of $1,343,746.90.
- On Friday, October 2nd, Vivek Jain sold 2,000 shares of Analog Devices stock. The stock was sold at an average price of $416.98, for a total value of $833,960.00.
Analog Devices Price Performance
Shares of NASDAQ:ADI opened at $406.19 on Friday. The business has a 50 day moving average price of $380.02 and a 200 day moving average price of $383.39. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91. The company has a market cap of $196.83 billion, a price-to-earnings ratio of 48.18, a PEG ratio of 1.25 and a beta of 1.22. 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 released its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company's revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts predict that Analog Devices, Inc. will post 12.96 earnings per share for the current year.
Analog Devices Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Analog Devices's dividend payout ratio is 52.19%.
Analyst Upgrades and Downgrades
ADI has been the subject of several research reports. Sanford C. Bernstein upgraded shares of Analog Devices from a "market perform" rating to an "outperform" rating and increased their target price for the company from $430.00 to $465.00 in a research note on Wednesday, August 19th. Fundamental Research set a $550.00 price target on Analog Devices in a report on Monday, June 29th. Wells Fargo & Company reduced their price objective on Analog Devices from $515.00 to $500.00 and set an "overweight" rating for the company in a research report on Thursday, August 20th. Morgan Stanley lifted their price objective on Analog Devices from $428.00 to $458.00 and gave the stock an "overweight" rating in a report on Thursday, August 20th. Finally, TD Cowen restated a "buy" rating and set a $460.00 price objective (up from $450.00) on shares of Analog Devices in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $460.09.
Read Our Latest Report on Analog Devices
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ADI. Riverbend Wealth Management LLC lifted its holdings in shares of Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company's stock valued at $396,000 after purchasing an additional 27 shares in the last quarter. Bridgewater Advisors Inc. raised its holdings in Analog Devices by 1.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company's stock worth $574,000 after buying an additional 27 shares during the period. Silicon Valley Capital Partners lifted its stake in Analog Devices by 4.2% in the first quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company's stock valued at $214,000 after buying an additional 27 shares in the last quarter. Cornerstone Financial Management LLC increased its position in shares of Analog Devices by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 28 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in shares of Analog Devices by 12.0% during the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company's stock worth $90,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.
Key Stories Impacting Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: Analyst outlook remains constructive. TD Cowen maintained a Buy rating and a $460 price target, above ADI’s recent trading level. Wall Street’s broader consensus remains “Moderate Buy,” with an average target near $460. TD Cowen keeps $460 target for Analog Devices
- Positive Sentiment: ADI is expanding its communications technology footprint. India-based Lekha Wireless plans to integrate Analog Devices radio technology into 4G and 5G products. The agreement is unlikely to materially change near-term earnings, but it reinforces ADI’s exposure to communications infrastructure and 5G demand. Lekha Wireless to integrate Analog Devices technology
- Neutral Sentiment: Reported short interest was zero. The October 9 report lists no shares sold short and a 0.0-day short-interest ratio. This could remove a source of bearish pressure, although the unusual figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
- Neutral Sentiment: Strong fundamentals are balanced by a demanding valuation. ADI’s latest quarter exceeded earnings and revenue expectations, with revenue increasing 39.2% year over year. The stock trades at roughly 48 times earnings, leaving it vulnerable to profit-taking if growth or AI-related semiconductor demand disappoints.
- Negative Sentiment: Several insiders have sold shares. Director Ray Stata sold 1,416 shares for approximately $594,777, CFO Richard Puccio sold 1,500 shares for about $631,620, and Vivek Jain sold a combined 5,305 shares worth roughly $2.16 million. The transactions were made under pre-arranged Rule 10b5-1 plans and do not necessarily indicate weakening business prospects, but the cluster of sales may weigh on sentiment. Analog Devices insider buying and selling
Analog Devices Company Profile
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
