Vincent Roche Sells 10,000 Shares of Analog Devices (NASDAQ:ADI) Stock

Key Points

• Vincent Roche, CEO of Analog Devices, sold 10,000 shares at an average price of $243.71, resulting in a total transaction value of $2.44 million, which decreased his ownership stake by 6.66%.
• Analog Devices reported $2.05 EPS for the last quarter, exceeding analysts' expectations of $1.95, with a revenue of $2.88 billion.
• The company declared a quarterly dividend of $0.99 per share, with an annualized dividend of $3.96 and a dividend yield of 1.6%.

Analog Devices, Inc. (NASDAQ:ADI - Get Free Report) CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total value of $2,437,100.00. Following the transaction, the chief executive officer directly owned 140,118 shares in the company, valued at approximately $34,148,157.78. This represents a 6.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, August 27th, Vincent Roche sold 20,000 shares of Analog Devices stock. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00.

Analog Devices Stock Performance

NASDAQ:ADI traded up $2.39 during trading hours on Thursday, reaching $241.67. 2,773,177 shares of the stock were exchanged, compared to its average volume of 3,842,084. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $240.30 and a 200-day simple moving average of $222.78. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The stock has a market capitalization of $118.89 billion, a P/E ratio of 61.65, a P/E/G ratio of 2.07 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results 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 for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices's quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices's dividend payout ratio (DPR) is 101.02%.

Analyst Ratings Changes

ADI has been the topic of several recent research reports. KeyCorp raised their price target on Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. JPMorgan Chase & Co. lifted their target price on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Raymond James Financial raised Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, June 18th. Barclays lifted their target price on Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Finally, Evercore ISI lifted their target price on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, Analog Devices has an average rating of "Moderate Buy" and an average target price of $275.29.

Hedge Funds Weigh In On Analog Devices

Several hedge funds have recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of Analog Devices by 6.6% during the 3rd quarter. GAMMA Investing LLC now owns 12,335 shares of the semiconductor company's stock valued at $3,031,000 after purchasing an additional 760 shares during the period. Park National Corp OH grew its holdings in shares of Analog Devices by 1.3% in the 3rd quarter. Park National Corp OH now owns 194,566 shares of the semiconductor company's stock worth $47,805,000 after acquiring an additional 2,589 shares during the last quarter. National Wealth Management Group LLC acquired a new position in shares of Analog Devices in the 2nd quarter worth $558,000. Caldwell Trust Co acquired a new position in shares of Analog Devices in the 2nd quarter worth $1,490,000. Finally, Valeo Financial Advisors LLC grew its holdings in shares of Analog Devices by 6.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 5,052 shares of the semiconductor company's stock worth $1,203,000 after acquiring an additional 317 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

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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