Martin Cotter Sells 5,000 Shares of Analog Devices (NASDAQ:ADI) Stock

Analog Devices, Inc. (NASDAQ:ADI) SVP Martin Cotter sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $271.19, for a total transaction of $1,355,950.00. Following the transaction, the senior vice president directly owned 59,664 shares of the company’s stock, valued at approximately $16,180,280.16. This represents a 7.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Analog Devices Price Performance

ADI opened at $274.44 on Friday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $284.23. The company’s 50 day simple moving average is $250.17 and its 200 day simple moving average is $242.23. The stock has a market capitalization of $134.38 billion, a PE ratio of 60.18, a P/E/G ratio of 1.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.68 and a current ratio of 2.19.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Tuesday, November 25th. The semiconductor company reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.04. The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.02 billion. Analog Devices had a net margin of 20.58% and a return on equity of 11.23%. Analog Devices’s revenue was up 25.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 earnings per share. As a group, sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Monday, December 8th will be issued a $0.99 dividend. The ex-dividend date is Monday, December 8th. This represents a $3.96 dividend on an annualized basis and a yield of 1.4%. Analog Devices’s dividend payout ratio (DPR) is presently 86.84%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Quent Capital LLC grew its holdings in Analog Devices by 2.4% during the 3rd quarter. Quent Capital LLC now owns 1,810 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 42 shares in the last quarter. Baader Bank Aktiengesellschaft increased its position in shares of Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock worth $270,000 after acquiring an additional 43 shares during the last quarter. Carson Advisory Inc. increased its position in shares of Analog Devices by 3.1% during the third quarter. Carson Advisory Inc. now owns 1,441 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 43 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Analog Devices by 2.5% in the third quarter. Sivia Capital Partners LLC now owns 1,796 shares of the semiconductor company’s stock worth $441,000 after acquiring an additional 44 shares in the last quarter. Finally, Klingman & Associates LLC boosted its holdings in Analog Devices by 3.7% in the third quarter. Klingman & Associates LLC now owns 1,274 shares of the semiconductor company’s stock valued at $313,000 after purchasing an additional 45 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Key Stores Impacting Analog Devices

Here are the key news stories impacting Analog Devices this week:

• Positive Sentiment: BofA raised its price target to $320 (from $290) and kept a Buy rating — this signals confidence in a multi‑year, AI/upgrade-driven demand cycle that supports longer‑term upside. BofA Raises ADI Target
• Positive Sentiment: UBS lifted its target and reiterated a Buy — another major shop increasing its valuation supports positive analyst momentum and can attract institutional buying. UBS Lifts ADI Target
• Positive Sentiment: Truist raised its price target to $291 (from $258) — even though it remains a “Hold,” the higher target narrows upside risk and supports the stock at current levels. Truist Raises ADI Target
• Positive Sentiment: Zacks and other shops have raised several near‑term and multi‑year EPS estimates for ADI — upward revisions to earnings forecasts are supportive of valuation expansion and give analysts cover to lift targets. (Source: compile of Zacks/MarketBeat notes)
• Neutral Sentiment: Seeking Alpha notes “high growth across industrials” for ADI — thematic growth is encouraging, but execution and margin retention will determine stock impact. ADI Sees High Growth Across Industrials
• Neutral Sentiment: Valuation debate: a Yahoo Finance piece asks whether ADI’s ~110% five‑year run leaves substantial upside at current levels — raises the risk that momentum stalls if growth expectations slip. Has ADI’s 110% Five Year Surge Left Much Upside?
• Negative Sentiment: Insider selling: SVP Martin Cotter sold ~5,000 shares (~$1.36M) and director Ray Stata sold 3,125 shares (~$873k). While insider sales can be routine, clustered sales may raise short‑term sentiment pressure. Martin Cotter Sells ADI Stock Ray Stata Form 4

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ADI shares. Piper Sandler set a $290.00 price objective on Analog Devices in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research report on Monday. BNP Paribas assumed coverage on shares of Analog Devices in a research note on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective for the company. Cfra reissued a “buy” rating and issued a $280.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Analog Devices from $310.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.22.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.