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

Key Points

• CEO Vincent Roche sold 30,000 Analog Devices shares on May 22 at an average price of $396.82, totaling about $11.9 million. After the sale, his direct stake fell 17.91% to 137,538 shares.
• Analog Devices beat quarterly expectations, reporting EPS of $3.09 versus $2.89 expected and revenue of $3.62 billion versus $3.51 billion expected. Revenue was up 37.2% year over year, and the company issued Q3 guidance of $3.15 to $3.45 EPS.
• Analysts remain broadly bullish on ADI, with a consensus rating of “Moderate Buy” and an average price target of $432.71. Several firms recently raised targets, including Bank of America to $460 and Evercore to $474.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 30,000 shares of the firm's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $396.82, for a total value of $11,904,600.00. Following the transaction, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $54,577,829.16. This represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 value 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 value 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 value of $3,181,400.00.

Analog Devices Price Performance

Shares of NASDAQ ADI traded down $3.06 during trading hours on Wednesday, reaching $416.88. 3,653,130 shares of the stock traded hands, compared to its average volume of 3,991,832. The company has a market capitalization of $203.06 billion, a P/E ratio of 61.94, a price-to-earnings-growth ratio of 1.14 and a beta of 1.19. The company has a quick ratio of 1.34, a current ratio of 1.75 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 52-week low of $210.80 and a 52-week high of $435.72. The company's 50-day simple moving average is $365.70 and its two-hundred day simple moving average is $318.85.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced 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. The company 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%.Analog Devices's revenue for the quarter was up 37.2% compared to the same quarter last year. During the same period last year, the firm posted $1.85 EPS. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 12.06 EPS for the current year.

Analog Devices Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Piper Sandler lifted their price target on Analog Devices from $250.00 to $360.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. Bank of America lifted their price target on Analog Devices from $425.00 to $460.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Argus set a $460.00 price target on Analog Devices in a research note on Tuesday. UBS Group lifted their price target on Analog Devices from $400.00 to $430.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $432.71.

Institutional Investors Weigh In On Analog Devices

Large investors have recently made changes to their positions in the business. Banque Transatlantique SA bought a new stake in shares of Analog Devices in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices in the 4th quarter worth approximately $26,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Analog Devices in the 4th quarter worth approximately $27,000. Evolution Wealth Management Inc. bought a new stake in shares of Analog Devices in the 1st quarter worth approximately $30,000. Finally, Y.D. More Investments Ltd bought a new stake in shares of Analog Devices in the 3rd quarter worth approximately $32,000. 86.81% of the stock is currently owned by institutional investors.

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 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.

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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