Analog Devices (NASDAQ:ADI) Director Sells $771,625.00 in Stock

Key Points

• Analog Devices Director Ray Stata sold 3,125 shares for $771,625, reducing his position by 1.98% to 155,071 shares.
• The company recently announced a quarterly dividend of $0.99 per share, with a payout ratio of 101.02% and a yield of 1.6%.
• Analog Devices reported $2.05 EPS for the last quarter, exceeding estimates and showing a 24.6% increase in revenue year-over-year.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Ray Stata sold 3,125 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Ray Stata also recently made the following trade(s):

• On Wednesday, July 16th, Ray Stata sold 3,125 shares of Analog Devices stock. The shares were sold at an average price of $239.23, for a total value of $747,593.75.

Analog Devices Trading Down 1.5%

Analog Devices stock traded down $3.72 during trading on Friday, reaching $245.33. 5,159,830 shares of the company were exchanged, compared to its average volume of 3,893,862. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company has a market capitalization of $120.69 billion, a P/E ratio of 62.58, a PEG ratio of 2.08 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The stock's 50 day simple moving average is $239.17 and its two-hundred day simple moving average is $220.95.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. The company 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 firm's quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's payout ratio is presently 101.02%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Morgan Stanley boosted their target price on Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Benchmark boosted their target price on Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Truist Financial boosted their target price on Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a research note on Thursday, August 21st. Finally, KGI Securities assumed coverage on Analog Devices in a research note on Friday, May 23rd. They set a "buy" rating for the company. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $273.53.

Institutional Trading of Analog Devices

Institutional investors and hedge funds have recently made changes to their positions in the company. Howard Hughes Medical Institute purchased a new stake in shares of Analog Devices in the 2nd quarter valued at about $25,000. RMG Wealth Management LLC purchased a new stake in Analog Devices during the 2nd quarter valued at approximately $26,000. Orion Capital Management LLC purchased a new stake in Analog Devices during the 4th quarter valued at approximately $27,000. Menard Financial Group LLC purchased a new stake in Analog Devices during the 4th quarter valued at approximately $27,000. Finally, Activest Wealth Management raised its stake in Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after acquiring an additional 127 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

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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