Analog Devices (NASDAQ:ADI) Director Sells $411,950.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Karen Golz sold 1,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $411.95, for a total value of $411,950.00. Following the completion of the transaction, the director directly owned 12,019 shares of the company’s stock, valued at approximately $4,951,227.05. The trade was a 7.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Price Performance

Shares of Analog Devices stock traded up $9.79 during trading on Monday, hitting $427.58. The stock had a trading volume of 4,529,399 shares, compared to its average volume of 4,091,929. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 1.34. The firm has a market cap of $208.27 billion, a P/E ratio of 63.53, a PEG ratio of 1.17 and a beta of 1.18. The business has a fifty day moving average of $391.76 and a two-hundred day moving average of $335.36. Analog Devices, Inc. has a fifty-two week low of $218.37 and a fifty-two week high of $439.70.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.51 billion. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The company’s revenue was up 37.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, sell-side analysts expect that Analog Devices, Inc. will post 12.41 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be issued a $1.10 dividend. The ex-dividend date is Tuesday, June 2nd. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. Analog Devices’s dividend payout ratio is 65.38%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ADI. Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. UBS Group upped their price objective on Analog Devices from $400.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Wells Fargo & Company upped their price objective on Analog Devices from $470.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. upped their target price on Analog Devices from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Finally, Citigroup upped their target price on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $432.71.

Institutional Investors Weigh In On Analog Devices

Hedge funds have recently modified their holdings of the stock. ING Groep NV grew its holdings in Analog Devices by 45.1% in the 4th quarter. ING Groep NV now owns 222,559 shares of the semiconductor company’s stock valued at $60,358,000 after buying an additional 69,202 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Analog Devices by 247.3% during the 4th quarter. Nordea Investment Management AB now owns 350,692 shares of the semiconductor company’s stock valued at $95,802,000 after acquiring an additional 249,702 shares during the period. HF Advisory Group LLC lifted its position in shares of Analog Devices by 661.6% during the 4th quarter. HF Advisory Group LLC now owns 49,693 shares of the semiconductor company’s stock worth $13,477,000 after buying an additional 43,168 shares during the last quarter. Jones Kertz & Associates Inc. bought a new stake in shares of Analog Devices during the 4th quarter worth $1,480,000. Finally, Covenant Asset Management LLC bought a new stake in shares of Analog Devices during the 4th quarter worth $2,500,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

About Analog Devices

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.