Vincent Roche Sells 10,000 Shares of Analog Devices (NASDAQ:ADI) Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total value of $2,437,100.00. Following the sale, the chief executive officer owned 140,118 shares in the company, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Vincent Roche also recently made the following trade(s):

• On Wednesday, August 27th, Vincent Roche sold 20,000 shares of Analog Devices stock. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00.

Analog Devices Trading Up 0.1%

ADI opened at $241.99 on Friday. The firm’s 50 day moving average is $240.89 and its 200-day moving average is $223.21. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $119.05 billion, a P/E ratio of 61.73, a P/E/G ratio of 2.04 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the prior year, the firm earned $1.58 earnings per share. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

Analyst Ratings Changes

ADI has been the subject of a number of analyst reports. Evercore ISI increased their price target on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Truist Financial increased their target price on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research note on Thursday, August 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a research note on Saturday, September 27th. Noble Financial upgraded shares of Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. Finally, Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and an average target price of $275.29.

Institutional Trading of Analog Devices

Several institutional investors have recently added to or reduced their stakes in the business. Howard Hughes Medical Institute bought a new position in shares of Analog Devices in the 2nd quarter worth about $25,000. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 127 shares during the period. RMG Wealth Management LLC bought a new position in Analog Devices in the second quarter worth about $26,000. Alpine Bank Wealth Management acquired a new position in Analog Devices in the first quarter valued at approximately $27,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Analog Devices during the first quarter valued at approximately $33,000. Institutional investors own 86.81% of the company’s stock.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.