Analog Devices, Inc. (NASDAQ:ADI) SVP Peter Real sold 4,505 shares of the business’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $89.43, for a total transaction of $402,882.15. Following the sale, the senior vice president now owns 13,531 shares of the company’s stock, valued at approximately $1,210,077.33. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Peter Real also recently made the following trade(s):

  • On Thursday, September 21st, Peter Real sold 4,505 shares of Analog Devices stock. The shares were sold at an average price of $83.52, for a total transaction of $376,257.60.
  • On Wednesday, August 30th, Peter Real sold 4,505 shares of Analog Devices stock. The shares were sold at an average price of $82.13, for a total transaction of $369,995.65.

Analog Devices, Inc. (NASDAQ ADI) traded up 1.70% during midday trading on Tuesday, reaching $90.28. 2,349,761 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $85.64 and its 200-day moving average price is $80.97. The stock has a market cap of $33.19 billion, a PE ratio of 44.94 and a beta of 1.30. Analog Devices, Inc. has a one year low of $62.22 and a one year high of $90.79.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 30th. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.15 by $0.11. Analog Devices had a return on equity of 19.06% and a net margin of 14.77%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the company earned $0.82 EPS. Analog Devices’s revenue for the quarter was up 64.9% on a year-over-year basis. Equities analysts predict that Analog Devices, Inc. will post $4.62 earnings per share for the current year.

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ADI has been the subject of a number of recent research reports. Royal Bank Of Canada restated a “buy” rating and set a $92.00 price target on shares of Analog Devices in a research note on Friday, August 4th. Jefferies Group LLC restated a “buy” rating on shares of Analog Devices in a research note on Monday, July 10th. B. Riley restated a “buy” rating and set a $103.00 price target on shares of Analog Devices in a research note on Tuesday, June 27th. Drexel Hamilton restated a “buy” rating and set a $105.00 price target on shares of Analog Devices in a research note on Wednesday, August 30th. Finally, BidaskClub upgraded shares of Analog Devices from a “hold” rating to a “buy” rating in a research note on Saturday, September 2nd. Eleven research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $93.65.

A number of large investors have recently made changes to their positions in the business. Huntington National Bank boosted its position in Analog Devices by 2.4% in the third quarter. Huntington National Bank now owns 403,735 shares of the semiconductor company’s stock worth $34,790,000 after purchasing an additional 9,458 shares during the last quarter. Tirschwell & Loewy Inc. boosted its position in Analog Devices by 0.5% in the third quarter. Tirschwell & Loewy Inc. now owns 329,856 shares of the semiconductor company’s stock worth $28,424,000 after purchasing an additional 1,541 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in Analog Devices by 30.2% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 14,122 shares of the semiconductor company’s stock worth $1,217,000 after purchasing an additional 3,278 shares during the last quarter. Marathon Asset Management LLP boosted its position in Analog Devices by 12.4% in the third quarter. Marathon Asset Management LLP now owns 708,645 shares of the semiconductor company’s stock worth $61,061,000 after purchasing an additional 77,918 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its position in Analog Devices by 7.4% in the third quarter. Nationwide Fund Advisors now owns 250,791 shares of the semiconductor company’s stock worth $21,611,000 after purchasing an additional 17,262 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.

About Analog Devices

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Insider Buying and Selling by Quarter for Analog Devices (NASDAQ:ADI)

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