Key Points
- Analog Devices CFO Richard Puccio sold 1,500 shares for approximately $584,190, reducing his direct ownership by 3.02% to 48,177 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- ADI reported quarterly earnings of $3.45 per share and revenue of $4.02 billion, surpassing analyst estimates of $3.34 EPS and $3.92 billion in revenue; revenue increased 39.2% year over year.
- Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and a $460.55 average price target. Institutional investors own approximately 86.81% of the company.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CFO Richard Puccio, Jr. sold 1,500 shares of the stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total transaction of $584,190.00. Following the sale, the chief financial officer directly owned 48,177 shares in the company, valued at approximately $18,763,014.42. The trade was a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Analog Devices Price Performance
NASDAQ:ADI opened at $405.96 on Thursday. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $196.72 billion, a PE ratio of 48.16, a price-to-earnings-growth ratio of 1.22 and a beta of 1.22. The stock's 50-day moving average price is $383.63 and its 200-day moving average price is $388.80.
Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during 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%. Analog Devices's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, equities analysts expect that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.
Analog Devices Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. Analog Devices's dividend payout ratio (DPR) is presently 52.19%.
Trending Headlines about Analog Devices
Here are the key news stories impacting Analog Devices this week:
- Positive Sentiment: TD Cowen raised its price target for Analog Devices (ADI) from $460 to $475 and reiterated a “buy” rating, signaling continued confidence in the company’s earnings outlook and potential upside. Benzinga analyst price target report
- Positive Sentiment: Analog Devices disclosed that Tutanota LLC is seeking to purchase up to 100,000 ADI shares for $525 each in an unsolicited mini-tender offer. Although ADI recommended that shareholders reject the offer, the premium price drew investor attention and may reinforce perceptions that the stock is valuable. Analog Devices mini-tender offer announcement
- Neutral Sentiment: Exchange-traded funds were reported to be buying Analog Devices shares on October 19, suggesting continued institutional demand, though the report did not identify the size or strategic significance of the purchases. ETF purchases of Analog Devices
- Negative Sentiment: Chief Financial Officer Richard Puccio sold 1,500 shares valued at approximately $584,000. The transaction reduced his direct holdings by 3.02%, but it was executed under a pre-arranged Rule 10b5-1 plan, making it a relatively limited signal about management’s view of ADI’s prospects. Richard Puccio insider transaction
Analysts Set New Price Targets
A number of analysts have recently commented on ADI shares. Fundamental Research set a $550.00 price objective on Analog Devices in a research report on Monday, June 29th. Seaport Research Partners raised Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 target price for the company in a research note on Thursday, August 20th. Wells Fargo & Company decreased their target price on Analog Devices from $515.00 to $500.00 and set an "overweight" rating on the stock in a research report on Thursday, August 20th. Robert W. Baird lifted their price target on shares of Analog Devices from $450.00 to $675.00 and gave the company an "outperform" rating in a research note on Monday, August 24th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $510.00 price target (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $460.55.
Read Our Latest Report on ADI
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of ADI. Pinnacle Bancorp Inc. raised its holdings in Analog Devices by 28.2% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 391 shares of the semiconductor company's stock valued at $155,000 after buying an additional 86 shares during the period. Foster Victor Wealth Advisors LLC lifted its position in Analog Devices by 46.8% in the third quarter. Foster Victor Wealth Advisors LLC now owns 31,566 shares of the semiconductor company's stock valued at $12,448,000 after buying an additional 10,068 shares during the last quarter. Vest Financial LLC lifted its position in Analog Devices by 45.7% in the third quarter. Vest Financial LLC now owns 53,026 shares of the semiconductor company's stock valued at $21,036,000 after buying an additional 16,626 shares during the last quarter. Arwa LLC purchased a new position in Analog Devices during the third quarter worth about $1,122,000. Finally, Axecap Investments LLC boosted its stake in Analog Devices by 9.1% during the third quarter. Axecap Investments LLC now owns 12,271 shares of the semiconductor company's stock worth $4,868,000 after buying an additional 1,022 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.
About Analog Devices
(
Get Free Report)
Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.
The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.
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