Analog Devices (NASDAQ:ADI) CEO Sells $12,453,900.00 in Stock

Key Points

• CEO Vincent Roche sold 30,000 shares of Analog Devices stock on May 26 for about $12.45 million, cutting his ownership by 17.91%. The filing noted he still held 137,538 shares valued at roughly $57.1 million afterward.
• Analog Devices posted strong quarterly results, with EPS of $3.09 topping estimates and revenue of $3.62 billion beating forecasts. Revenue rose 37.2% year over year, and the company issued Q3 guidance of $3.15 to $3.45 EPS.
• Analyst sentiment remains bullish, with firms like JPMorgan, Bank of America, and Citigroup raising price targets, and the stock carrying an average target of $432.71. The company also announced a quarterly dividend of $1.10 per share, payable June 16.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 30,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $415.13, for a total transaction of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at approximately $57,096,149.94. The trade was a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, May 22nd, Vincent Roche sold 30,000 shares of Analog Devices stock. The shares were sold at an average price of $396.82, for a total transaction of $11,904,600.00.
• 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 Trading Down 0.7%

Shares of NASDAQ:ADI traded down $3.06 during mid-day trading on Wednesday, reaching $416.88. The stock had a trading volume of 3,653,130 shares, compared to its average volume of 3,991,832. The firm has a market cap of $203.06 billion, a PE ratio of 61.94, a price-to-earnings-growth ratio of 1.14 and a beta of 1.19. The firm has a 50 day simple moving average of $365.70 and a two-hundred day simple moving average of $318.85. 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 twelve month low of $210.80 and a twelve month high of $435.72.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.51 billion. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. Analog Devices's revenue for the quarter was up 37.2% on a year-over-year basis. During the same period last year, the company posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, research analysts predict that Analog Devices, Inc. will post 12.06 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 2nd. Analog Devices's dividend payout ratio (DPR) is currently 65.38%.

Key Analog Devices News

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 increased confidence in the company’s upside. Read More
• Positive Sentiment: Recent earnings call coverage highlighted strong first-quarter performance, with revenue and non-GAAP earnings beating Wall Street expectations and management pointing to robust demand in industrial, automation, aerospace, and AI-driven infrastructure.
• Positive Sentiment: Articles focused on Analog Devices’ AI data center momentum said related revenue surged 90%, driven by strong demand for optical and power solutions, which is supporting record sales and margin expansion. Article Title
• Positive Sentiment: Zacks noted that ADI shares may be poised for further gains as earnings estimate revisions have turned more favorable, a common bullish signal for stock performance. Article Title
• Neutral Sentiment: Other recent pieces, including a discussion of whether ADI is an opportune stock to examine and a look back at long-term returns, were more informational than market-moving, but they reinforce investor interest in the stock.
• Neutral Sentiment: Broader market commentary showed tech strength helping the Nasdaq 100 hit record highs, which may be providing a favorable backdrop for semiconductor names like ADI.
• Negative Sentiment: The main offset is valuation: after a strong run and a stock price near its 52-week high, some investors may question how much upside remains unless earnings growth continues to justify the premium.

Institutional Trading of Analog Devices

A number of hedge funds and other institutional investors have recently made changes to their positions in ADI. Banque Transatlantique SA acquired a new stake in shares of Analog Devices in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Analog Devices in the fourth quarter valued at approximately $26,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Analog Devices in the fourth quarter valued at approximately $27,000. Evolution Wealth Management Inc. acquired a new stake in shares of Analog Devices in the first quarter valued at approximately $30,000. Finally, Y.D. More Investments Ltd acquired a new stake in shares of Analog Devices in the third quarter valued at approximately $32,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group increased their price target on shares of Analog Devices from $400.00 to $430.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Bank of America increased their price target on shares of Analog Devices from $425.00 to $460.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Susquehanna increased their price target on shares of Analog Devices from $360.00 to $400.00 and gave the company a "positive" rating in a research report on Thursday, February 19th. Weiss Ratings upgraded shares of Analog Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday. Finally, Citigroup raised their target price on shares of Analog Devices from $400.00 to $460.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company 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.

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