Analog Devices, Inc.

(NASDAQ Global Select)
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Bullish +65

Analog Devices (NASDAQ:ADI) Director Sells 1,416 Shares of Company Stock

Analyst upgrade Dividend Insider transaction AI-generated analysis

πŸ“ˆ Director Ray Stata sold 1,416 shares of ADI stock on October 6th for $594,776.64 under a pre-arranged Rule 10b5-1 trading plan.

πŸ’° The company reported quarterly revenue of $4.02 billion, representing a 39.2% increase compared to the same quarter last year.

πŸ“Š Analog Devices beat earnings expectations with $3.45 per share versus the consensus estimate of $3.34.

🎯 The firm set Q4 2026 guidance between $3.71 and $4.01 EPS, signaling continued growth outlook.

πŸ’΅ ADI paid a quarterly dividend of $1.10 per share on September 15th with an annualized yield of 1.1%.

πŸ“ˆ Stifel Nicolaus raised its price target to $498 and maintained a 'buy' rating in a recent research note.

🏦 Goldman Sachs restated a 'buy' rating with a price objective of $480, up from the previous $450 target.

πŸ“‰ The stock trades at a PE ratio of 48.15 and has a market capitalization of $196.70 billion.

πŸ” Hedge funds increased holdings in Q3, with Farther Finance Advisors raising its position by 21.2%.

Bullish Signals
  • Analog Devices reported quarterly revenue of $4.02 billion, a significant 39.2% year-over-year increase driven by strong demand for its analog and mixed-signal integrated circuits.
  • The company beat earnings per share estimates with $3.45 versus the consensus of $3.34, demonstrating robust operational performance and pricing power.
  • Multiple major analysts including Stifel Nicolaus, Goldman Sachs, and BMO Capital Markets maintain 'buy' or 'outperform' ratings with price targets ranging from $430 to $498.
  • Institutional confidence is high as several hedge funds increased their positions in Q3, with Farther Finance Advisors raising holdings by 21.2% and Professional Advisory Services by 19.1%.
  • The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.20 and a net margin of 29.79%, supporting its growth strategy.
Full Analysis
Analog Devices, Inc. (ADI) director Ray Stata sold 1,416 shares of company stock on October 6th for a total value of $594,776.64 at an average price of $420.04 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, and following the sale, Stata retained ownership of 108,847 shares valued at approximately $45.7 million. Financially, ADI reported strong quarterly results with revenue reaching $4.02 billion, a 39.2% year-over-year increase, and earnings per share of $3.45, which beat the consensus estimate of $3.34. The company maintains a net margin of 29.79% and has set Q4 2026 guidance between $3.71 and $4.01 per share, reflecting continued growth expectations. Analyst sentiment remains robust with multiple firms including Stifel Nicolaus, Goldman Sachs, and BMO Capital Markets maintaining 'buy' or 'outperform' ratings with price targets ranging from $430 to $498. Hedge funds have also increased their positions in the third quarter, indicating institutional confidence in the semiconductor company's trajectory.