Key Points
- Analog Devices CEO Vincent Roche sold 10,000 shares for about $4.25 million at an average price of $425.46 under a pre-arranged Rule 10b5-1 plan. He retained 125,670 shares after the sale, a 7.37% reduction in his direct holdings.
- Roche also sold 10,000 shares in each of September and October, at progressively lower prices of $356.33 and $396.94, respectively.
- Analog Devices reported quarterly EPS of $3.45 and revenue of $4.02 billion, beating analyst estimates; its shares had a consensus “Moderate Buy” rating and an average price target of $460.55.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $425.46, for a total transaction of $4,254,600.00. Following the completion of the transaction, the chief executive officer directly owned 125,670 shares in the company, valued at $53,467,558.20. This represents a 7.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 Thursday, October 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00.
- On Tuesday, September 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $356.33, for a total value of $3,563,300.00.
Analog Devices Price Performance
Shares of Analog Devices stock opened at $419.79 on Wednesday. The business has a 50 day simple moving average of $390.31 and a two-hundred day simple moving average of $372.32. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The stock has a market capitalization of $203.42 billion, a P/E ratio of 49.80, a PEG ratio of 1.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91.
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 for the quarter, beating the consensus estimate of $3.34 by $0.11. The business 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 quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, analysts predict that Analog Devices, Inc. will post 13.00 EPS 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 $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices's dividend payout ratio (DPR) is presently 52.19%.
Analyst Ratings Changes
ADI has been the subject of a number of research reports. Seaport Research Partners raised shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 target price for the company in a report on Thursday, August 20th. Arete Research raised their price target on shares of Analog Devices from $487.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. JPMorgan Chase & Co. boosted their price target on shares of Analog Devices from $450.00 to $500.00 and gave the stock an "overweight" rating in a research report on Thursday, August 20th. Sanford C. Bernstein raised shares of Analog Devices from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $430.00 to $465.00 in a research note on Wednesday, August 19th. Finally, Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Sunday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $460.55.
Read Our Latest Analysis on Analog Devices
Institutional Trading of Analog Devices
Several large investors have recently added to or reduced their stakes in ADI. Quest 10 Wealth Builders Inc. increased its position in Analog Devices by 23.8% during the third quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the semiconductor company's stock worth $52,000 after purchasing an additional 25 shares during the last quarter. Ullmann Wealth Partners Group LLC boosted its holdings in Analog Devices by 4.4% in the 3rd quarter. Ullmann Wealth Partners Group LLC now owns 592 shares of the semiconductor company's stock valued at $235,000 after purchasing an additional 25 shares during the last quarter. Petros Family Wealth LLC boosted its holdings in Analog Devices by 0.8% in the 3rd quarter. Petros Family Wealth LLC now owns 3,377 shares of the semiconductor company's stock valued at $1,340,000 after purchasing an additional 26 shares during the last quarter. Bridgewater Advisors Inc. grew its stake in shares of Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company's stock valued at $574,000 after buying an additional 27 shares during the period. Finally, Silicon Valley Capital Partners grew its stake in shares of Analog Devices by 4.2% in the 1st 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 during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.
Analog Devices Company Profile
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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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