Insider Selling: Analog Devices (NASDAQ:ADI) CFO Sells 1,500 Shares

Key Points

• Analog Devices CFO Richard Puccio sold 1,500 shares at an average price of $363.65, totaling $545,475. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan, leaving him with 52,677 shares.
• ADI reported quarterly EPS of $3.45, exceeding the $3.34 consensus estimate, while revenue rose 39.2% year over year to $4.02 billion. The company also declared a quarterly dividend of $1.10 per share, equal to a 1.2% annualized yield.
• Wall Street remains bullish: analysts give ADI a consensus “Buy” rating with an average price target of $457.97, well above its reported trading price of $365.07.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CFO Richard Puccio, Jr. sold 1,500 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $363.65, for a total value of $545,475.00. Following the sale, the chief financial officer directly owned 52,677 shares in the company, valued at $19,155,991.05. This trade represents a 2.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analog Devices Trading Up 0.5%

ADI traded up $1.87 on Wednesday, hitting $365.07. The company had a trading volume of 2,320,534 shares, compared to its average volume of 4,160,907. The business's fifty day simple moving average is $375.90 and its 200 day simple moving average is $374.46. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The company has a market cap of $176.90 billion, a PE ratio of 43.31, a PEG ratio of 1.12 and a beta of 1.20.

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

Analog Devices Announces Dividend

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

Hedge Funds Weigh In On Analog Devices

A number of hedge funds have recently added to or reduced their stakes in the stock. Banque Transatlantique SA bought a new position in Analog Devices in the fourth quarter worth approximately $25,000. Contravisory Investment Management Inc. purchased a new position in Analog Devices during the 2nd quarter worth $25,000. Manning & Napier Advisors LLC bought a new stake in Analog Devices during the 2nd quarter valued at $25,000. Hilton Head Capital Partners LLC bought a new stake in Analog Devices during the 4th quarter valued at $26,000. Finally, Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Analog Devices in the 4th quarter worth $27,000. 86.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ADI. BMO Capital Markets began coverage on shares of Analog Devices in a research note on Thursday, August 20th. They issued an "outperform" rating and a $430.00 price objective for the company. Wolfe Research reiterated an "outperform" rating and issued a $475.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Seaport Research Partners raised Analog Devices from a "neutral" rating to a "buy" rating and set a $425.00 price target for the company in a research note on Thursday, August 20th. Raymond James Financial restated an "outperform" rating and set a $430.00 price objective on shares of Analog Devices in a report on Thursday, May 21st. Finally, Wells Fargo & Company cut their price objective on Analog Devices from $515.00 to $500.00 and set an "overweight" rating on the stock in a research report on Thursday, August 20th. Two research 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 data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $457.97.

More Analog Devices News

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

• Positive Sentiment: Edge-AI acquisition expands ADI’s growth opportunity. Analog Devices agreed to acquire Alif Semiconductor in an all-cash transaction reported at approximately $1.35 billion, with one report citing a $1.6 billion transaction value. Alif’s AI-native fusion processors would complement ADI’s analog products and support local, real-time processing in industrial equipment, robotics, energy, defense, data-center infrastructure, digital health and wearables. Analog Devices to Acquire Alif Semiconductor
• Positive Sentiment: The deal reinforces ADI’s “physical intelligence” strategy. Management says Alif will help customers combine digital processing with ADI’s sensing and analog technology, potentially increasing ADI’s total addressable market and enabling more complete system solutions. Analog Devices to Buy Alif Semiconductor for $1.35 Billion
• Positive Sentiment: Demand appears broader than artificial intelligence alone. Recent coverage highlighted strong fiscal third-quarter results and growth in industrial and automotive markets, suggesting ADI’s recovery is supported by multiple end markets rather than only data-center AI spending. Analog Devices Shows Why AI Is Not the Only Story Driving Chip Demand
• Neutral Sentiment: Wall Street sentiment remains constructive. TD Cowen reaffirmed a Buy rating and a $460 price target, while unusually heavy call-option activity indicates increased speculative interest in ADI shares.
• Negative Sentiment: The all-cash purchase creates integration and valuation risks. Investors will assess whether Alif’s technology can be integrated successfully and generate returns sufficient to justify the reported purchase price. The cash outlay also reduces financial flexibility, while differing reported transaction values add uncertainty until final terms are clarified. Analog Devices Alif Semiconductor Agreement

About Analog Devices

Analog Devices, Inc NASDAQ: ADI is a global semiconductor company that designs and manufactures high-performance analog, mixed-signal, power-management and radio-frequency integrated circuits. Its technologies help convert real-world signals—such as temperature, pressure, sound, motion and light—into data that electronic systems can process and use.

The company offers data converters, amplifiers, power-management products, sensors, embedded processors, connectivity solutions and other semiconductor components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.