Insider Selling: Analog Devices (NASDAQ:ADI) CEO Sells 10,000 Shares of Stock

Key Points

• Analog Devices CEO Vincent Roche sold 10,000 shares on May 1 at an average price of $397.91 for about $3.98 million, a trade executed under a pre-arranged Rule 10b5-1 plan that reduced his stake by 5.06% to 187,538 shares.
• The sale occurs with ADI trading near its 12‑month high (~$397) following strong Q1 results (EPS $2.46 beat, revenue +30.4% y/y), a raised quarterly dividend to $1.10, and generally positive analyst coverage (consensus target ~$370.69).

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $397.91, for a total value of $3,979,100.00. Following the transaction, the chief executive officer directly owned 187,538 shares of the company's stock, valued at $74,623,245.58. The trade was a 5.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, April 1st, Vincent Roche sold 10,000 shares of Analog Devices stock. The stock was sold at an average price of $318.14, for a total transaction of $3,181,400.00.

Analog Devices Price Performance

Shares of ADI stock traded down $0.67 during trading hours on Monday, reaching $397.02. The stock had a trading volume of 1,914,037 shares, compared to its average volume of 3,846,835. The stock's fifty day simple moving average is $341.55 and its 200 day simple moving average is $299.32. The firm has a market capitalization of $193.83 billion, a PE ratio of 72.58, a PEG ratio of 1.60 and a beta of 1.19. Analog Devices, Inc. has a 12 month low of $194.26 and a 12 month high of $408.37. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share for the quarter, topping analysts' consensus estimates of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the prior year, the firm posted $1.63 EPS. Analog Devices's revenue was up 30.4% on a year-over-year basis. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 11.35 EPS for the current year.

Analog Devices Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This is an increase from Analog Devices's previous quarterly dividend of $0.99. The ex-dividend date was Tuesday, March 3rd. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Analog Devices's dividend payout ratio (DPR) is presently 80.44%.

Analyst Ratings Changes

ADI has been the subject of a number of recent analyst reports. Truist Financial boosted their price target on shares of Analog Devices from $291.00 to $364.00 and gave the company a "hold" rating in a research report on Thursday, February 19th. Bank of America boosted their price target on shares of Analog Devices from $400.00 to $425.00 and gave the company a "buy" rating in a research report on Monday, April 13th. KeyCorp boosted their price objective on Analog Devices from $375.00 to $430.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. Citigroup reissued a "buy" rating on shares of Analog Devices in a report on Thursday, February 19th. Finally, Arete Research raised Analog Devices from a "neutral" rating to a "buy" rating and set a $389.00 price objective for the company in a report on Monday, March 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices currently has an average rating of "Moderate Buy" and a consensus target price of $370.69.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Archer Investment Corp lifted its position in Analog Devices by 3,207.7% in the 1st quarter. Archer Investment Corp now owns 860 shares of the semiconductor company's stock worth $274,000 after buying an additional 834 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in Analog Devices by 3.7% in the first quarter. Center for Financial Planning Inc. now owns 2,493 shares of the semiconductor company's stock worth $793,000 after buying an additional 88 shares in the last quarter. TFR Capital LLC. boosted its stake in Analog Devices by 3.6% in the first quarter. TFR Capital LLC. now owns 1,572 shares of the semiconductor company's stock worth $500,000 after buying an additional 55 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Analog Devices by 1.5% in the first quarter. Principal Financial Group Inc. now owns 557,221 shares of the semiconductor company's stock worth $177,274,000 after buying an additional 8,047 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Analog Devices by 13.3% in the first quarter. Chicago Partners Investment Group LLC now owns 2,386 shares of the semiconductor company's stock worth $759,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

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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