Analog Devices (NASDAQ:ADI) CEO Sells $3,181,400.00 in Stock
by Teresa Graham · The Cerbat GemAnalog Devices, Inc. (NASDAQ:ADI – Get Free Report) CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $318.14, for a total transaction of $3,181,400.00. Following the completion of the sale, the chief executive officer directly owned 167,826 shares in the company, valued at approximately $53,392,163.64. This represents a 5.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Vincent Roche also recently made the following trade(s):
- On Monday, February 2nd, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $306.92, for a total value of $3,069,200.00.
Analog Devices Stock Performance
NASDAQ:ADI remained flat at $318.34 during trading hours on Friday. The company had a trading volume of 2,385,611 shares, compared to its average volume of 3,907,097. The business’s 50 day moving average is $324.96 and its two-hundred day moving average is $281.46. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $363.20. The company has a market cap of $155.41 billion, a PE ratio of 58.20, a price-to-earnings-growth ratio of 1.47 and a beta of 1.05. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.15. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Analog Devices had a return on equity of 12.49% and a net margin of 23.02%.The business’s quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.63 earnings per share. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. Equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.
Analog Devices Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. Analog Devices’s dividend payout ratio (DPR) is presently 80.44%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of ADI. Jones Financial Companies Lllp increased its holdings in Analog Devices by 12.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock worth $41,907,000 after acquiring an additional 19,383 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Analog Devices by 684.6% during the third quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock valued at $211,871,000 after purchasing an additional 752,411 shares during the last quarter. Nordea Investment Management AB boosted its position in Analog Devices by 247.3% during the fourth quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock worth $95,802,000 after purchasing an additional 249,702 shares during the period. Voya Investment Management LLC increased its stake in shares of Analog Devices by 22.3% in the third quarter. Voya Investment Management LLC now owns 1,293,403 shares of the semiconductor company’s stock worth $317,789,000 after purchasing an additional 236,211 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in shares of Analog Devices by 26.4% in the third quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock valued at $10,795,000 after purchasing an additional 9,174 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.
Analyst Ratings Changes
ADI has been the subject of several research analyst reports. Weiss Ratings raised shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 18th. KeyCorp raised their price objective on shares of Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Wall Street Zen raised Analog Devices from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Wells Fargo & Company upped their price target on Analog Devices from $340.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Citigroup reaffirmed a “buy” rating on shares of Analog Devices in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $367.81.
Analog Devices Company Profile
Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.
The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.