Sen. Shelley Moore Capito Sells Analog Devices, Inc. (NASDAQ:ADI) Stock

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of Analog Devices, Inc. NASDAQ: ADI. In a filing disclosed on July 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in Analog Devices stock on June 18th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Citigroup NYSE: C on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Wells Fargo & Company NYSE: WFC on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 6/18/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 5/8/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 4/11/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/10/2025.

Analog Devices Stock Up 0.4%

Shares of ADI stock opened at $241.85 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.08 and a quick ratio of 1.51. The stock's fifty day moving average price is $230.08 and its 200 day moving average price is $214.67. The company has a market cap of $120.02 billion, a price-to-earnings ratio of 65.90, a price-to-earnings-growth ratio of 2.22 and a beta of 1.02. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $247.73.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 9.56% and a net margin of 18.65%. The company's quarterly revenue was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 EPS. On average, research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were paid a dividend of $0.99 per share. The ex-dividend date was Wednesday, June 4th. This represents a $3.96 annualized dividend and a yield of 1.64%. Analog Devices's dividend payout ratio (DPR) is 107.90%.

Insider Activity

In other news, CEO Vincent Roche sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $196.84, for a total transaction of $1,968,400.00. Following the sale, the chief executive officer owned 142,996 shares of the company's stock, valued at $28,147,332.64. The trade was a 6.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the sale, the director owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,250 shares of company stock worth $3,327,994 in the last 90 days. 0.33% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ADI has been the topic of a number of recent research reports. Stifel Nicolaus upped their target price on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday. Piper Sandler lowered their target price on Analog Devices from $240.00 to $215.00 and set a "neutral" rating on the stock in a research note on Friday, May 23rd. KeyCorp upped their target price on Analog Devices from $285.00 to $300.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Noble Financial upgraded Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Finally, Keefe, Bruyette & Woods upgraded Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $258.89.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ADI. CHURCHILL MANAGEMENT Corp boosted its position in shares of Analog Devices by 4.5% during the second quarter. CHURCHILL MANAGEMENT Corp now owns 44,797 shares of the semiconductor company's stock worth $10,663,000 after buying an additional 1,914 shares during the period. EWA LLC acquired a new stake in shares of Analog Devices during the second quarter worth about $227,000. McGuire Investment Group LLC increased its position in shares of Analog Devices by 2.4% during the second quarter. McGuire Investment Group LLC now owns 87,622 shares of the semiconductor company's stock worth $20,856,000 after purchasing an additional 2,044 shares in the last quarter. Naples Global Advisors LLC increased its position in Analog Devices by 0.5% in the 2nd quarter. Naples Global Advisors LLC now owns 40,167 shares of the semiconductor company's stock valued at $9,560,000 after acquiring an additional 195 shares during the period. Finally, Parsons Capital Management Inc. RI acquired a new position in Analog Devices in the 2nd quarter valued at about $203,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state's history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor's degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women's Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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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