Analog Devices (NASDAQ:ADI) Stock: Insider Katsufumi Nakamura Sells 1,200 Shares

Key Points

• Insider sale: Katsufumi Nakamura sold 1,200 Analog Devices shares at an average price of $415.02, totaling $498,024. After the sale, he retained 14,849 shares, a 7.48% reduction in his position.
• Strong financial performance: Analog Devices reported quarterly EPS of $3.45, exceeding estimates by $0.11, while revenue reached $4.02 billion and rose 39.2% year over year.
• Positive analyst sentiment: Analysts maintain a “Moderate Buy” consensus, with an average price target of $460.09; institutional investors own 86.81% of the company’s stock.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) insider Katsufumi Nakamura sold 1,200 shares of the firm's stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total transaction of $498,024.00. Following the transaction, the insider owned 14,849 shares of the company's stock, valued at approximately $6,162,631.98. This represents a 7.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Analog Devices Price Performance

Shares of ADI stock traded up $1.95 during trading hours on Monday, hitting $419.10. The company had a trading volume of 2,130,345 shares, compared to its average volume of 4,070,410. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The firm's fifty day moving average is $375.29 and its 200 day moving average is $380.32. The firm has a market capitalization of $203.08 billion, a price-to-earnings ratio of 49.72, a PEG ratio of 1.29 and a beta of 1.22.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion during 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%.Analog Devices's revenue was up 39.2% on a year-over-year basis. During the same quarter last year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Analog Devices's payout ratio is 52.19%.

Analyst Ratings Changes

Several analysts have recently weighed in on ADI shares. KeyCorp raised their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Stifel Nicolaus boosted their target price on Analog Devices from $450.00 to $498.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Robert W. Baird increased their price target on Analog Devices from $450.00 to $675.00 and gave the stock an "outperform" rating in a research report on Monday, August 24th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $510.00 price target (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Analog Devices from $450.00 to $500.00 and gave the stock an "overweight" rating in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $460.09.

Hedge Funds Weigh In On Analog Devices

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Analog Devices in the second quarter valued at approximately $18,610,868,000. State Street Corp raised its position 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 during the last quarter. Bank of America Corp DE acquired a new position in Analog Devices during the 2nd quarter worth $3,573,081,000. Van ECK Associates Corp boosted its position in Analog Devices by 24.7% in the 2nd 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 during the last quarter. Finally, Amundi boosted its position in Analog Devices by 5.3% in the 1st quarter. Amundi now owns 5,044,271 shares of the semiconductor company's stock valued at $1,604,771,000 after buying an additional 254,632 shares during the last quarter. 86.81% of the stock is owned by institutional investors.

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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