Analog Devices (NASDAQ:ADI) CEO Vincent Roche Sells 30,000 Shares of Stock

Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $396.82, for a total transaction of $11,904,600.00. Following the completion of the transaction, the chief executive officer directly owned 137,538 shares of the company’s stock, valued at approximately $54,577,829.16. The trade was a 17.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, May 26th, Vincent Roche sold 30,000 shares of Analog Devices stock. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00.
• On Friday, May 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $397.91, for a total transaction of $3,979,100.00.
• On Wednesday, April 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $318.14, for a total transaction of $3,181,400.00.

Analog Devices Stock Down 0.7%

Shares of NASDAQ ADI opened at $416.88 on Thursday. The stock has a market cap of $203.06 billion, a P/E ratio of 61.94, a PEG ratio of 1.19 and a beta of 1.19. The company has a current ratio of 1.75, a quick ratio of 1.34 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 12-month low of $210.80 and a 12-month high of $435.72. The business’s fifty day simple moving average is $367.82 and its 200-day simple moving average is $320.14.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.20. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 37.2% compared to the same quarter last year. During the same period last year, the firm earned $1.85 earnings per share. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 12.31 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 65.38%.

Institutional Investors Weigh In On Analog Devices

Institutional investors have recently added to or reduced their stakes in the business. Banque Transatlantique SA purchased a new stake in Analog Devices during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in Analog Devices during the fourth quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Analog Devices during the fourth quarter worth approximately $27,000. Evolution Wealth Management Inc. purchased a new stake in Analog Devices during the first quarter worth approximately $30,000. Finally, Y.D. More Investments Ltd acquired a new stake in Analog Devices during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Key Stories Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: JPMorgan raised its price target on Analog Devices to $450 from $400 and kept an overweight rating, signaling confidence in additional upside. Benzinga report on JPMorgan price target increase
• Positive Sentiment: Analyst coverage has turned more favorable, with reports highlighting solid earnings estimate revisions and suggesting ADI could be poised for a near-term surge. Zacks report on earnings estimate revisions
• Positive Sentiment: ADI’s AI/data center business is showing strong momentum, with one report citing 90% growth in AI data center revenue and margin expansion from optical and power solutions. Yahoo Finance article on AI data center momentum
• Positive Sentiment: Management’s latest earnings call commentary emphasized stronger-than-expected industrial and data center demand, along with broad strength in analog and mixed-signal solutions. Yahoo Finance article on earnings call
• Neutral Sentiment: CEO Vincent Roche disclosed two sales of 30,000 shares each, totaling about $24.4 million, which may raise some investor caution but do not by themselves indicate a change in fundamentals.
• Neutral Sentiment: Broader tech-sector strength and record highs in the Nasdaq have also supported investor appetite for semiconductor names like ADI. Barchart market backdrop article

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating and set a $373.00 target price on shares of Analog Devices in a research note on Thursday, February 19th. KeyCorp upped their target price on shares of Analog Devices from $430.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday. Cantor Fitzgerald upped their target price on shares of Analog Devices from $400.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, TD Cowen boosted their target price on shares of Analog Devices from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $432.71.

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.