Analog Devices (NASDAQ:ADI) Director Sells $242,740.00 in Stock

Key Points

• Director Edward Frank of Analog Devices sold $242,740 worth of stock, reducing his holdings by 16.35% to 5,118 shares.
• The company reported $2.05 EPS for its last quarter, exceeding estimates and showing a 24.6% increase in revenue year-over-year.
• Analog Devices announced a quarterly dividend of $0.99 per share, representing an annualized yield of 1.7%, although its dividend payout ratio stands at 101.02%.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Edward Frank sold 1,000 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the transaction, the director directly owned 5,118 shares of the company's stock, valued at $1,242,343.32. This trade represents a 16.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Analog Devices Price Performance

Shares of ADI stock traded down $8.75 on Tuesday, reaching $233.75. The company's stock had a trading volume of 3,359,001 shares, compared to its average volume of 3,831,473. The stock's fifty day simple moving average is $241.13 and its 200-day simple moving average is $223.69. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The company has a market capitalization of $114.99 billion, a price-to-earnings ratio of 59.63, a price-to-earnings-growth ratio of 2.04 and a beta of 1.09. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. Analog Devices's dividend payout ratio is currently 101.02%.

Hedge Funds Weigh In On Analog Devices

Several hedge funds and other institutional investors have recently made changes to their positions in the business. China Universal Asset Management Co. Ltd. lifted its holdings in shares of Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock valued at $6,262,000 after purchasing an additional 22,973 shares in the last quarter. Sowell Financial Services LLC bought a new position in Analog Devices in the 1st quarter valued at $296,000. Keybank National Association OH boosted its stake in Analog Devices by 85.8% in the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after acquiring an additional 12,505 shares during the last quarter. Eastern Bank boosted its position in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares in the last quarter. Finally, McLean Asset Management Corp acquired a new position in Analog Devices during the second quarter worth $262,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ADI. Noble Financial raised shares of Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Piper Sandler boosted their price target on shares of Analog Devices from $215.00 to $245.00 and gave the stock a "neutral" rating in a research report on Thursday, August 21st. Keefe, Bruyette & Woods upgraded Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. UBS Group decreased their price objective on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a report on Monday, July 7th. Finally, KeyCorp boosted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, Analog Devices presently has a consensus rating of "Moderate Buy" and a consensus price target of $275.29.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

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