Analog Devices (NASDAQ:ADI) SVP Sells $7,354,292.00 in Stock

Analog Devices, Inc. (NASDAQ:ADI) SVP Martin Cotter sold 17,594 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the completion of the transaction, the senior vice president owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. This trade represents a 23.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $428.93 on Friday. Analog Devices, Inc. has a fifty-two week low of $217.02 and a fifty-two week high of $439.70. The firm’s 50-day simple moving average is $380.81 and its 200 day simple moving average is $328.01. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. The stock has a market cap of $208.93 billion, a P/E ratio of 63.73, a P/E/G ratio of 1.23 and a beta of 1.18.

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

Analog Devices Dividend Announcement

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

Hedge Funds Weigh In On Analog Devices

Institutional investors have recently bought and sold shares of the stock. Banque Transatlantique SA purchased a new position in Analog Devices in the 4th quarter worth about $25,000. Evolution Wealth Management Inc. acquired a new stake in Analog Devices during the 1st quarter worth about $30,000. Hilton Head Capital Partners LLC acquired a new stake in Analog Devices during the 4th quarter worth about $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Analog Devices during the 4th quarter worth about $27,000. Finally, Entrust Financial LLC acquired a new stake in Analog Devices during the 4th quarter worth about $33,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent analyst reports. Argus set a $460.00 price objective on shares of Analog Devices in a research note on Tuesday, May 26th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Benchmark lifted their target price on Analog Devices from $285.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Barclays lifted their target price on Analog Devices from $430.00 to $450.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, Robert W. Baird lifted their target price on Analog Devices from $365.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $432.71.

Analog Devices Company Profile

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.