Analog Devices (NASDAQ:ADI) Director Sells $374,500.00 in Stock

Key Points

• Analog Devices director Karen Golz sold 1,000 shares for $374,500 under a pre-arranged Rule 10b5-1 plan, reducing her holdings by 9.08% to 10,019 shares.
• ADI shares fell 3.4% to $361.78, despite the company reporting quarterly EPS and revenue above analyst expectations and year-over-year revenue growth of 39.2%.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and a $454.63 price target; the company also declared a quarterly dividend of $1.10 per share.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) Director Karen Golz sold 1,000 shares of the business's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $374.50, for a total transaction of $374,500.00. Following the sale, the director owned 10,019 shares in the company, valued at $3,752,115.50. This trade represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karen Golz also recently made the following trade(s):

• On Monday, July 13th, Karen Golz sold 1,000 shares of Analog Devices stock. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00.
• On Friday, June 12th, Karen Golz sold 1,000 shares of Analog Devices stock. The stock was sold at an average price of $411.95, for a total value of $411,950.00.

Analog Devices Stock Down 3.4%

Shares of NASDAQ ADI traded down $12.74 during mid-day trading on Friday, reaching $361.78. The company had a trading volume of 3,247,518 shares, compared to its average volume of 4,200,649. The stock's 50 day moving average is $384.22 and its 200-day moving average is $373.02. Analog Devices, Inc. has a twelve month low of $223.47 and a twelve month high of $445.91. The stock has a market capitalization of $175.31 billion, a PE ratio of 42.92, a price-to-earnings-growth ratio of 0.76 and a beta of 1.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25.

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

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.2%. Analog Devices's payout ratio is presently 52.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Banque Transatlantique SA acquired a new position in shares of Analog Devices in the 4th quarter valued at approximately $25,000. Contravisory Investment Management Inc. bought a new position in Analog Devices in the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new position in Analog Devices in the second quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $26,000. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Analog Devices in the fourth quarter valued at approximately $27,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ADI. Morgan Stanley lifted their target price on shares of Analog Devices from $428.00 to $458.00 and gave the stock an "overweight" rating in a report on Thursday, August 20th. TD Cowen reaffirmed a "buy" rating and issued a $460.00 price target on shares of Analog Devices in a research note on Thursday, August 20th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $550.00 price target on shares of Analog Devices in a research report on Monday, August 17th. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $450.00 to $500.00 and gave the stock an "overweight" rating in a research note on Thursday, August 20th. Finally, Barclays boosted their price objective on shares of Analog Devices from $430.00 to $450.00 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-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Analog Devices has a consensus rating of "Buy" and a consensus price target of $454.63.

Analog Devices Company Profile

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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