Analog Devices (NASDAQ:ADI) Stock: Insider Vincent Roche Sells 10,000 Shares

Key Points

• CEO Vincent Roche sold 10,000 Analog Devices shares for about $4.25 million at an average price of $425.46. The sale was made under a pre-arranged Rule 10b5-1 plan; he retained 125,670 shares.
• Analog Devices reported quarterly EPS of $3.45, topping the $3.34 consensus, while revenue of $4.02 billion exceeded estimates and rose 39.2% year over year.
• Analyst sentiment remains broadly positive: 29 analysts rate the stock Buy and the consensus price target is $460.55, with the overall rating listed as “Moderate Buy.”

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $425.46, for a total transaction of $4,254,600.00. Following the sale, the chief executive officer directly owned 125,670 shares in the company, valued at $53,467,558.20. This trade represents a 7.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vincent Roche also recently made the following trade(s):

• On Thursday, October 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $396.94, for a total value of $3,969,400.00.
• On Tuesday, September 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The shares were sold at an average price of $356.33, for a total value of $3,563,300.00.

Analog Devices Trading Up 1.7%

Shares of NASDAQ ADI traded up $6.94 during midday trading on Tuesday, hitting $419.79. The stock had a trading volume of 4,480,020 shares, compared to its average volume of 4,049,833. The firm has a market cap of $203.42 billion, a P/E ratio of 49.80, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. Analog Devices, Inc. has a fifty-two week low of $223.47 and a fifty-two 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's 50-day simple moving average is $389.34 and its 200 day simple moving average is $371.71.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates 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 for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts anticipate that Analog Devices, Inc. will post 13.00 EPS for the current year.

Analog Devices Announces Dividend

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

Wall Street Analyst Weigh In

ADI has been the topic of several analyst reports. Weiss Ratings upgraded shares of Analog Devices from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, August 21st. TD Cowen upped their target price on shares of Analog Devices from $460.00 to $475.00 and gave the company a "buy" rating in a research report on Monday, October 19th. JPMorgan Chase & Co. upped their target price on shares of Analog Devices from $450.00 to $500.00 and gave the company an "overweight" rating in a research report on Thursday, August 20th. Needham & Company LLC increased their price target on Analog Devices from $440.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday, August 20th. Finally, Wells Fargo & Company dropped their price objective on Analog Devices from $515.00 to $500.00 and set an "overweight" rating for the company in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $460.55.

Institutional Investors Weigh In On Analog Devices

Several large investors have recently bought and sold shares of ADI. Parallel Advisors LLC raised its position in shares of Analog Devices by 1.2% in the third quarter. Parallel Advisors LLC now owns 16,353 shares of the semiconductor company's stock valued at $6,487,000 after buying an additional 197 shares in the last quarter. Plancorp LLC increased its stake in Analog Devices by 22.5% in the third quarter. Plancorp LLC now owns 916 shares of the semiconductor company's stock valued at $382,000 after acquiring an additional 168 shares during the last quarter. May Hill Capital LLC increased its stake in Analog Devices by 20.4% in the third quarter. May Hill Capital LLC now owns 767 shares of the semiconductor company's stock valued at $304,000 after acquiring an additional 130 shares during the last quarter. LightSquare Wealth Management LLC raised its position in Analog Devices by 9.0% during the third quarter. LightSquare Wealth Management LLC now owns 1,124 shares of the semiconductor company's stock valued at $446,000 after purchasing an additional 93 shares in the last quarter. Finally, Alps Advisors Inc. lifted its stake in Analog Devices by 492.5% during the third quarter. Alps Advisors Inc. now owns 17,758 shares of the semiconductor company's stock worth $7,045,000 after purchasing an additional 14,761 shares during the last quarter. Institutional investors own 86.81% of the company's stock.

Analog Devices Company Profile

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.

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