Today, the SVP, CPO, CLO & Secretary of Analog Devices (ADI), Margaret Seif, sold shares of ADI for $1.06M.
Following Margaret Seif’s last ADI Sell transaction on December 14, 2016, the stock climbed by 36.3%. In addition to Margaret Seif, 5 other ADI executives reported Sell trades in the last month.
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Based on Analog Devices’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $1.54 billion and quarterly net profit of $354 million. In comparison, last year the company earned revenue of $1.52 billion and had a net profit of $267 million. ADI’s market cap is $39.01B and the company has a P/E ratio of 25.16. Currently, Analog Devices has an average volume of 3.96M.
Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $114.33, reflecting a 6.0% upside.
The insider sentiment on Analog Devices has been negative according to 80 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Analog Devices, Inc. engages in the design, development, manufacture, and marketing of integrated circuits (ICs). Its products include industrial process control systems, medical imaging equipment, factory process automation systems, patient vital signs monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable consumer devices. The company was founded by Raymond P. Stata and Matthew Lorber in 1965 and is headquartered in Norwood, MA.
