Analog Devices, Inc. $ADI Shares Sold by Beacon Investment Advisory Services Inc.

Key Points

• Beacon Investment Advisory Services cut its Analog Devices position by 13.2% in the second quarter, selling 17,012 shares and retaining 111,445 shares valued at $44.3 million. Institutional investors and hedge funds collectively own 86.81% of ADI.
• Analog Devices exceeded quarterly expectations with $3.09 in EPS and $3.62 billion in revenue, up 37.2% year over year, and guided for fiscal third-quarter EPS of $3.15 to $3.45. The company also pays a $1.10 quarterly dividend, yielding approximately 1.1%.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and a $441 price target, although ADI trades at a relatively high price-to-earnings ratio of about 58. CEO Vincent Roche and Director Ray Stata both sold shares under pre-arranged Rule 10b5-1 plans.

Beacon Investment Advisory Services Inc. lessened its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 13.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,445 shares of the semiconductor company's stock after selling 17,012 shares during the period. Analog Devices makes up 1.6% of Beacon Investment Advisory Services Inc.'s portfolio, making the stock its 18th biggest position. Beacon Investment Advisory Services Inc.'s holdings in Analog Devices were worth $44,263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ADI. Brighton Jones LLC grew its holdings in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after buying an additional 529 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Analog Devices by 36.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,752 shares of the semiconductor company's stock valued at $417,000 after acquiring an additional 464 shares in the last quarter. Ieq Capital LLC boosted its position in Analog Devices by 38.0% during the 2nd quarter. Ieq Capital LLC now owns 44,576 shares of the semiconductor company's stock worth $10,610,000 after acquiring an additional 12,276 shares during the period. HUB Investment Partners LLC acquired a new position in Analog Devices during the 2nd quarter worth $644,000. Finally, Peapack Gladstone Financial Corp grew its stake in shares of Analog Devices by 2.4% in the second quarter. Peapack Gladstone Financial Corp now owns 60,169 shares of the semiconductor company's stock worth $14,322,000 after purchasing an additional 1,406 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Trading Up 3.3%

Shares of Analog Devices stock opened at $389.93 on Friday. The business has a fifty day simple moving average of $394.59 and a 200-day simple moving average of $365.96. Analog Devices, Inc. has a fifty-two week low of $221.15 and a fifty-two week high of $445.91. The firm has a market cap of $189.93 billion, a price-to-earnings ratio of 57.94, a price-to-earnings-growth ratio of 0.98 and a beta of 1.20. 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 (NASDAQ:ADI - Get Free Report) last released its earnings results on Wednesday, May 20th. The semiconductor company reported $3.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $0.20. Analog Devices had a return on equity of 14.37% and a net margin of 26.01%.The firm had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.51 billion. During the same period in the previous year, the company earned $1.85 earnings per share. Analog Devices's revenue was up 37.2% compared to the same quarter last year. Analog Devices has set its Q3 2026 guidance at 3.150-3.450 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 12.42 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, June 2nd. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices's dividend payout ratio is currently 65.38%.

Insider Buying and Selling at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $363.00, for a total transaction of $3,630,000.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares of the company's stock, valued at $49,926,294. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of Analog Devices stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the completion of the transaction, the director owned 114,511 shares in the company, valued at $43,213,016.07. The trade was a 1.22% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 105,274 shares of company stock valued at $42,247,986. 0.36% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on ADI. Oppenheimer raised their price target on Analog Devices from $400.00 to $450.00 and gave the company an "outperform" rating in a report on Tuesday, May 12th. Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a research report on Sunday, May 24th. Sanford C. Bernstein reissued a "market perform" rating and set a $430.00 target price on shares of Analog Devices in a research note on Thursday, May 21st. KeyCorp upped their price target on shares of Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Finally, Wells Fargo & Company increased their price objective on shares of Analog Devices from $470.00 to $515.00 and gave the company an "overweight" rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $441.00.

Trending Headlines about Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: Renewed optimism about artificial-intelligence demand is supporting semiconductor stocks, including analog-chip makers such as ADI. Industry sales growth and expectations for continued chip demand are providing a favorable environment for the shares. Semiconductor Sales Continue to Grow on AI Optimism
• Positive Sentiment: Wall Street’s average brokerage recommendation for Analog Devices is equivalent to a Buy. The company’s latest quarter also exceeded expectations, with earnings per share of $3.09 versus the $2.89 consensus and revenue of $3.62 billion versus $3.51 billion. Revenue rose 37.2% year over year, while fiscal third-quarter EPS guidance is $3.15 to $3.45. Analog Devices Is Considered a Good Investment by Brokers
• Neutral Sentiment: Director Ray Stata sold 1,416 ADI shares for approximately $534,000, reducing his direct ownership by 1.22%. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, making it a limited signal about management’s current outlook. Analog Devices Director Insider Sale
• Negative Sentiment: CEO Vincent Roche reportedly sold 10,000 shares for $3.63 million, reducing his direct ownership by 6.78%. Although the sale was also made under a 10b5-1 plan and may reflect scheduled diversification rather than weakening confidence, sizeable insider selling could create some investor caution. Analog Devices CEO Insider Sale
• Negative Sentiment: ADI remains richly valued, trading at roughly 58 times earnings based on the provided data. That valuation leaves the stock sensitive to any slowdown in AI-related demand, weaker guidance or disappointment in future earnings growth. Analog Devices Broker Recommendations

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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