Sen. Sheldon Whitehouse Unloads Analog Devices, Inc. (NASDAQ:ADI) Stock

Key Points

• Senator Sheldon Whitehouse sold between $15,001 and $50,000 in shares of Analog Devices, Inc. (ADI) on July 3rd as disclosed on August 4th.
• Analog Devices reported a quarterly EPS of $1.85, beating estimates, and had a revenue of $2.64 billion, showing a 22.3% increase year-over-year.
• The company recently announced a quarterly dividend of $0.99 per share, resulting in an annualized yield of 1.8%, despite a payout ratio of 107.90%.

Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of Analog Devices, Inc. NASDAQ: ADI. In a filing disclosed on August 04th, the Senator disclosed that they had sold between $15,001 and $50,000 in Analog Devices stock on July 3rd.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 7/7/2025.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $222.40 on Tuesday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $247.73. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.19. The stock has a market cap of $110.37 billion, a PE ratio of 60.60, a price-to-earnings-growth ratio of 2.04 and a beta of 1.05. The company's 50-day moving average price is $231.78 and its two-hundred day moving average price is $215.67.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results on Thursday, May 22nd. The semiconductor company reported $1.85 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.15. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.50 billion. Analog Devices had a net margin of 18.65% and a return on equity of 9.56%. The business's revenue for the quarter was up 22.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.40 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, June 4th. Analog Devices's payout ratio is presently 107.90%.

Institutional Trading of Analog Devices

A number of institutional investors have recently added to or reduced their stakes in the business. Activest Wealth Management lifted its stake in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new stake in shares of Analog Devices in the second quarter worth about $26,000. Orion Capital Management LLC bought a new stake in shares of Analog Devices during the 4th quarter worth about $27,000. Menard Financial Group LLC acquired a new position in shares of Analog Devices during the 4th quarter valued at about $27,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Analog Devices in the 1st quarter valued at approximately $27,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, the director owned 167,571 shares in the company, valued at $40,088,010.33. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Stifel Nicolaus lifted their target price on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, July 18th. The Goldman Sachs Group assumed coverage on Analog Devices in a research note on Thursday, July 10th. They issued a "buy" rating and a $285.00 price target on the stock. Wall Street Zen upgraded Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Citigroup reiterated a "buy" rating and issued a $290.00 target price (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Finally, Evercore ISI boosted their price target on shares of Analog Devices from $231.00 to $280.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Six research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and an average target price of $258.89.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031. Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

About Analog Devices

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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