Analog Devices (NASDAQ:ADI) CFO Richard Puccio Jr Sells 1,500 Shares of Stock

Key Points

• Insider transaction: CFO Richard Puccio Jr. sold 1,500 Analog Devices shares for approximately $631,620 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 2.93% to 49,677 shares.
• Strong operating results: Analog Devices exceeded quarterly earnings and revenue estimates, reporting $3.45 in EPS and $4.02 billion in revenue, up 39.2% year over year.
• Positive analyst sentiment: Analysts maintain a “Moderate Buy” consensus rating with an average price target of $460.09, while the company pays a $1.10 quarterly dividend, yielding about 1.1%.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CFO Richard Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $421.08, for a total value of $631,620.00. Following the sale, the chief financial officer directly owned 49,677 shares in the company, valued at approximately $20,917,991.16. This trade represents a 2.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Stock Performance

ADI stock traded down $10.47 on Wednesday, reaching $410.08. The company's stock had a trading volume of 2,388,588 shares, compared to its average volume of 4,052,227. Analog Devices, Inc. has a 52 week low of $223.47 and a 52 week high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a market capitalization of $198.71 billion, a P/E ratio of 48.65, a price-to-earnings-growth ratio of 1.29 and a beta of 1.22. The firm has a fifty day moving average of $377.32 and a two-hundred day moving average of $381.85.

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

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices's dividend payout ratio (DPR) is presently 52.19%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ADI shares. Fundamental Research set a $550.00 price target on shares of Analog Devices in a research note on Monday, June 29th. The Goldman Sachs Group reissued a "buy" rating and set a $480.00 target price (up from $450.00) on shares of Analog Devices in a report on Wednesday, August 19th. Piper Sandler set a $460.00 target price on Analog Devices in a research report on Tuesday, September 8th. BMO Capital Markets started coverage on Analog Devices in a research note on Thursday, August 20th. They set an "outperform" rating and a $430.00 price target for the company. Finally, KeyCorp lifted their price target on Analog Devices from $500.00 to $525.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. One 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, Analog Devices presently has an average rating of "Moderate Buy" and a consensus target price of $460.09.

More Analog Devices News

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

• Positive Sentiment: Strong industry and analyst support: BofA identified Analog Devices, along with STMicroelectronics and Texas Instruments, as among the strongest analog semiconductor performers. Separately, a semiconductor industry report highlighted ADI as a beneficiary of AI-driven demand as global chip sales surpassed $1 trillion. Analog Devices, STMicro and TI seen as strongest analog performers: BofA
• Positive Sentiment: New technology partnerships expand potential applications: Lekha Wireless is integrating ADI technology into its 5G radio access network portfolio, while ADI, Moët Hennessy and UC Davis are collaborating on AI-enabled chemical-signature detection for wine production. These initiatives reinforce the company’s exposure beyond traditional chip markets, although they are unlikely to materially affect near-term revenue. Lekha Wireless 5G RAN portfolio integrates ADI technology
• Positive Sentiment: Recent operating performance remains solid: ADI’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with revenue rising 39.2% year over year. The company’s average analyst rating remains “Moderate Buy,” with a consensus price target of $460.09, above recent trading levels. Analog Devices (ADI): Buy, sell, or hold post Q2 earnings?
• Neutral Sentiment: Several executives, including CEO Vincent Roche, Vivek Jain and Katsufumi Nakamura, sold shares in transactions disclosed under pre-arranged trading plans. The sales may pressure sentiment, but they do not necessarily indicate deteriorating business prospects.
• Negative Sentiment: With ADI trading well above its 50-day and 200-day moving averages and at a high valuation, investors may be taking profits after the stock’s substantial run. That valuation leaves the shares more sensitive to any slowdown in AI expectations or broader semiconductor-sector volatility. Why Analog Devices (ADI) Is Back In The Spotlight

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Analog Devices during the 2nd quarter worth $18,610,868,000. State Street Corp increased its stake in Analog Devices by 0.4% in the 4th quarter. State Street Corp now owns 23,487,584 shares of the semiconductor company's stock worth $6,369,833,000 after purchasing an additional 88,538 shares in the last quarter. Bank of America Corp DE raised its holdings in Analog Devices by 5.2% during the 1st quarter. Bank of America Corp DE now owns 10,216,699 shares of the semiconductor company's stock worth $3,250,341,000 after buying an additional 501,604 shares during the period. Van ECK Associates Corp lifted its stake in Analog Devices by 24.7% during the second quarter. Van ECK Associates Corp now owns 8,422,883 shares of the semiconductor company's stock valued at $3,345,316,000 after buying an additional 1,670,957 shares in the last quarter. Finally, Amundi boosted its holdings in shares of Analog Devices by 5.3% in the first quarter. Amundi now owns 5,044,271 shares of the semiconductor company's stock worth $1,604,771,000 after buying an additional 254,632 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Company Profile

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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