Analog Devices (NASDAQ:ADI) SVP Sells $617,594.70 in Stock

Key Points

• Katsufumi Nakamura, Senior Vice President of Analog Devices, sold 2,490 shares of the company’s stock for a total of $617,594.70, decreasing their ownership by 15.52%.
• Analog Devices reported $2.05 EPS for the last quarter, surpassing estimates by $0.10 and achieving a 24.6% year-over-year revenue growth with total revenue of $2.88 billion.
• The company announced a quarterly dividend of $0.99 per share, which will be paid on September 16 and represents a 1.6% dividend yield.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) SVP Katsufumi Nakamura sold 2,490 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the sale, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Analog Devices Trading Up 0.9%

ADI traded up $2.29 on Monday, hitting $254.49. The company had a trading volume of 3,418,415 shares, compared to its average volume of 3,980,399. The business's fifty day simple moving average is $234.80 and its 200 day simple moving average is $217.47. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $257.21. The company has a market cap of $125.20 billion, a PE ratio of 64.92, a PEG ratio of 2.14 and a beta of 1.05.

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

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.99 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices's dividend payout ratio is currently 101.02%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ADI. Vanguard Group Inc. raised its stake in Analog Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 50,227,231 shares of the semiconductor company's stock worth $11,955,086,000 after buying an additional 761,861 shares in the last quarter. State Street Corp increased its holdings in shares of Analog Devices by 2.2% in the 2nd quarter. State Street Corp now owns 23,317,256 shares of the semiconductor company's stock valued at $5,549,973,000 after acquiring an additional 506,507 shares during the period. Geode Capital Management LLC raised its position in shares of Analog Devices by 5.7% in the 2nd quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company's stock worth $2,770,448,000 after acquiring an additional 633,425 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Analog Devices by 26.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock worth $2,304,098,000 after purchasing an additional 2,407,460 shares during the last quarter. Finally, Norges Bank bought a new stake in Analog Devices during the second quarter valued at about $1,803,377,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on ADI shares. KeyCorp lifted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday. Truist Financial raised their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a research note on Thursday. UBS Group cut their target price on Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a research note on Monday, July 7th. Wall Street Zen raised Analog Devices from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, Oppenheimer boosted their price objective on Analog Devices from $225.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Analog Devices currently has a consensus rating of "Moderate Buy" and an average price target of $273.53.

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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