Insider Selling: Analog Devices (NASDAQ:ADI) Director Sells $374,500.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) Director Karen Golz sold 1,000 shares of Analog Devices stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $374.50, for a total value of $374,500.00. Following the completion of the sale, the director owned 10,019 shares in the company, valued at approximately $3,752,115.50. This represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karen Golz also recently made the following trade(s):

• On Monday, July 13th, Karen Golz sold 1,000 shares of Analog Devices stock. The shares were sold at an average price of $389.83, for a total value of $389,830.00.
• On Friday, June 12th, Karen Golz sold 1,000 shares of Analog Devices stock. The stock was sold at an average price of $411.95, for a total value of $411,950.00.

Analog Devices Stock Performance

Shares of ADI stock opened at $361.78 on Monday. The firm has a market capitalization of $175.31 billion, a price-to-earnings ratio of 42.92, a PEG ratio of 0.74 and a beta of 1.20. The stock has a fifty day moving average of $382.77 and a 200 day moving average of $373.30. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. 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 (NASDAQ:ADI) 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. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same period last year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s dividend payout ratio is presently 52.19%.

Institutional Investors Weigh In On Analog Devices

Hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its position in shares of Analog Devices by 39,170.1% in the 2nd quarter. California State Teachers Retirement System now owns 296,317,813 shares of the semiconductor company’s stock worth $117,688,546,000 after purchasing an additional 295,563,249 shares in the last quarter. BlackRock Inc. bought a new position in Analog Devices during the 2nd quarter valued at approximately $18,610,868,000. State Street Corp raised its stake in Analog Devices by 0.4% during the fourth quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company’s stock valued at $6,369,833,000 after buying an additional 88,538 shares during the last quarter. Morgan Stanley raised its stake in Analog Devices by 1.9% during the fourth quarter. Morgan Stanley now owns 10,450,624 shares of the semiconductor company’s stock valued at $2,834,210,000 after buying an additional 194,535 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Analog Devices by 5.2% in the first quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company’s stock worth $3,250,341,000 after acquiring an additional 501,604 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ADI. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Wolfe Research restated an “outperform” rating and issued a $475.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. Wells Fargo & Company dropped their price target on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research report on Thursday, August 20th. Evercore reaffirmed an “outperform” rating and issued a $474.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Analog Devices has an average rating of “Buy” and a consensus target price of $454.63.

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.