Key Points
- Analog Devices director Ray Stata sold 1,416 shares for about $576,700 at an average price of $407.28 under a pre-arranged Rule 10b5-1 plan, reducing his direct stake by 1.32% to 106,015 shares.
- The company reported quarterly EPS of $3.45 and revenue of $4.02 billion, beating analyst expectations; revenue rose 39.2% year over year.
- Analysts maintain a “Moderate Buy” consensus, with an average price target of $460.55; the stock pays an annualized dividend of $4.40 per share.
Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Ray Stata sold 1,416 shares of the firm's stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $407.28, for a total transaction of $576,708.48. Following the completion of the sale, the director directly owned 106,015 shares in the company, valued at approximately $43,177,789.20. This trade represents a 1.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ray Stata also recently made the following trade(s):
- On Tuesday, October 6th, Ray Stata sold 1,416 shares of Analog Devices stock. The stock was sold at an average price of $420.04, for a total transaction of $594,776.64.
- On Tuesday, September 8th, Ray Stata sold 1,416 shares of Analog Devices stock. The stock was sold at an average price of $362.85, for a total value of $513,795.60.
Analog Devices Stock Up 0.7%
NASDAQ ADI opened at $363.56 on Friday. 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, Inc. has a fifty-two week low of $223.47 and a fifty-two week high of $445.91. The business has a 50 day moving average price of $390.52 and a two-hundred day moving average price of $373.48. The stock has a market cap of $176.17 billion, a PE ratio of 43.13, a P/E/G ratio of 1.00 and a beta of 1.24.
Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion during the quarter, compared to analysts' expectations of $3.92 billion. During the same quarter in the prior year, the firm earned $2.05 EPS. 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. As a group, sell-side analysts predict that Analog Devices, Inc. will post 13.00 EPS for the current fiscal year.
Analog Devices Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors 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 dividend yield of 1.2%. The ex-dividend date was Tuesday, September 1st. Analog Devices's dividend payout ratio (DPR) is presently 52.19%.
Institutional Trading of Analog Devices
Several large investors have recently modified their holdings of ADI. Ullmann Wealth Partners Group LLC grew its position in Analog Devices by 4.4% in the third quarter. Ullmann Wealth Partners Group LLC now owns 592 shares of the semiconductor company's stock valued at $235,000 after acquiring an additional 25 shares in the last quarter. Quest 10 Wealth Builders Inc. grew its stake in Analog Devices by 23.8% in the third quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the semiconductor company's stock valued at $52,000 after purchasing an additional 25 shares in the last quarter. Petros Family Wealth LLC lifted its position in shares of Analog Devices by 0.8% during the 3rd quarter. Petros Family Wealth LLC now owns 3,377 shares of the semiconductor company's stock worth $1,340,000 after purchasing an additional 26 shares during the last quarter. Bridgewater Advisors Inc. increased its stake in Analog Devices by 1.5% in the first quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company's stock valued at $574,000 after acquiring an additional 27 shares during the period. Finally, Silicon Valley Capital Partners increased its stake in shares of 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. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on ADI shares. Seaport Research Partners raised shares of Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 price target for the company in a research note on Thursday, August 20th. Robert W. Baird raised their price target on shares of Analog Devices from $450.00 to $675.00 and gave the stock an "outperform" rating in a report on Monday, August 24th. Morgan Stanley lifted their target price on Analog Devices from $428.00 to $458.00 and gave the stock an "overweight" rating in a report on Thursday, August 20th. Needham & Company LLC increased their price objective on shares of Analog Devices from $440.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, August 20th. Finally, Arete Research upped their price objective on Analog Devices from $487.00 to $490.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Analog Devices currently has a consensus rating of "Moderate Buy" and an average price target of $460.55.
View Our Latest Stock Report on ADI
Analog Devices Company Profile
(
Get Free Report)
Analog Devices, Inc designs and manufactures semiconductor products that help customers sense, measure, interpret and process real-world signals. Its offerings include analog and mixed-signal integrated circuits, power management products, radio-frequency technology, sensors and digital signal processing solutions.
The company's products are used in industrial automation, automotive systems, communications infrastructure, healthcare equipment, consumer devices and aerospace and defense applications.
Further Reading
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