Insider Selling: Analog Devices (NASDAQ:ADI) SVP Sells 12,500 Shares of Stock

Key Points

• Analog Devices's SVP, Martin Cotter, sold 12,500 shares of the company's stock for approximately $3.08 million, reducing their holdings by 16.55%.
• The company reported a quarterly earnings per share (EPS) of $2.05, outperforming analyst expectations and marking a 24.6% increase in revenue year-over-year.
• Analog Devices announced a quarterly dividend of $0.99 per share, set to be paid on September 16th, reflecting a 1.6% dividend yield.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) SVP Martin Cotter sold 12,500 shares of the business's stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the transaction, the senior vice president directly owned 63,048 shares of the company's stock, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Analog Devices Stock Up 0.8%

NASDAQ:ADI traded up $1.91 during trading hours on Monday, reaching $248.98. The company's stock had a trading volume of 2,414,354 shares, compared to its average volume of 3,952,130. The company has a market capitalization of $122.49 billion, a P/E ratio of 63.52, a price-to-earnings-growth ratio of 2.10 and a beta of 1.08. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a 50 day moving average price of $238.54 and a two-hundred day moving average price of $219.88.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices's payout ratio is 101.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Evercore ISI boosted their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Raymond James Financial upgraded shares of Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. KeyCorp upped their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Seaport Res Ptn upgraded shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Morgan Stanley upped their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $273.53.

Institutional Trading of Analog Devices

A number of hedge funds have recently bought and sold shares of ADI. Baader Bank Aktiengesellschaft lifted its position in Analog Devices by 3.9% in the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company's stock valued at $270,000 after acquiring an additional 43 shares during the last quarter. Bennett Associates Wealth Management increased its stake in Analog Devices by 2.9% in the second quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company's stock valued at $387,000 after purchasing an additional 46 shares during the period. Solstein Capital LLC increased its stake in Analog Devices by 2.0% in the second quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company's stock valued at $549,000 after purchasing an additional 46 shares during the period. Keystone Financial Services increased its stake in Analog Devices by 1.2% in the second quarter. Keystone Financial Services now owns 3,837 shares of the semiconductor company's stock valued at $913,000 after purchasing an additional 46 shares during the period. Finally, EFG Asset Management North America Corp. increased its stake in Analog Devices by 0.3% in the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company's stock valued at $2,866,000 after purchasing an additional 47 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Company Profile

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.

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