Analog Devices (NASDAQ:ADI) Stock Sold by Sen. Sheldon Whitehouse

Key Points

• Sen. Sheldon Whitehouse sold $1,001–$15,000 of Analog Devices stock on September 4, alongside sales of holdings in Visa, JPMorgan, NVIDIA, Lam Research, Amgen and Lowe’s.
• Analog Devices reported strong quarterly results, with 39.2% year-over-year revenue growth to $4.02 billion and EPS of $3.45, exceeding analyst expectations. The company also pays a $1.10 quarterly dividend, equivalent to a 1.1% yield.
• Analysts maintain a broadly positive view of ADI, with a “Moderate Buy” consensus and an average price target of $460.09; the stock recently traded at $417.15.

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold part of their stake in Analog Devices, Inc. NASDAQ: ADI. In a filing disclosed on October 1st, the Senator disclosed that they had sold between $1,001 and $15,000 in Analog Devices stock on September 4th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 9/4/2026.
• Sold $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 9/4/2026.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/13/2026.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 8/13/2026.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 8/13/2026.
• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 8/12/2026.
• Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/20/2026.

Analog Devices Stock Performance

Analog Devices stock opened at $417.15 on Friday. The firm has a 50 day simple moving average of $375.29 and a 200-day simple moving average of $379.83. The stock has a market cap of $202.14 billion, a price-to-earnings ratio of 49.48, a price-to-earnings-growth ratio of 1.25 and a beta of 1.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the previous year, the company earned $2.05 EPS. The business's revenue for the quarter was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, analysts expect that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Analog Devices's dividend payout ratio is 52.19%.

Hedge Funds Weigh In On Analog Devices

A number of institutional investors have recently modified their holdings of ADI. Contravisory Investment Management Inc. acquired a new stake in shares of Analog Devices in the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new position in Analog Devices in the 2nd quarter worth approximately $25,000. Dunhill Financial LLC acquired a new position in Analog Devices during the 2nd quarter worth $32,000. Cornerstone Financial Management LLC boosted its position in Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 28 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of Analog Devices in the second quarter worth $33,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Analog Devices

In other news, Director Karen Golz sold 1,000 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $374.50, for a total value of $374,500.00. Following the completion of the sale, the director owned 10,019 shares of the company's stock, valued at $3,752,115.50. This trade represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard C. Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $382.19, for a total transaction of $573,285.00. Following the sale, the chief financial officer directly owned 51,177 shares of the company's stock, valued at $19,559,337.63. This trade represents a 2.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 31,931 shares of company stock worth $11,663,332 in the last three months. 0.36% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on ADI. Piper Sandler set a $460.00 target price on Analog Devices in a research report on Tuesday, September 8th. KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Stifel Nicolaus boosted their price objective on shares of Analog Devices from $450.00 to $498.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Evercore dropped their target price on shares of Analog Devices from $474.00 to $462.00 and set an "outperform" rating for the company in a report on Thursday, August 20th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $480.00 price objective (up from $450.00) on shares of Analog Devices in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $460.09.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031. Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

About Analog Devices

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company's product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.

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