Analog Devices Inc (NASDAQ: ADI) is -1.59% lower on its value in year-to-date trading and has touched a low of $182.57 and a high of $247.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADI stock was last observed hovering at around $216.26 in the last trading session, with the day’s loss setting it -7.18%.
Currently trading at $209.08, the stock is -6.98% and -4.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.22 million and changing -3.32% at the moment leaves the stock -6.40% off its SMA200. ADI registered 5.47% gain for a year compared to 6-month loss of -2.13%.
The stock witnessed a 1.89% gain in the last 1 month and extending the period to 3 months gives it a -2.55%, and is -7.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 3.12% over the month.
Analog Devices Inc (ADI) has around 24000 employees, a market worth around $103.70B and $9.34B in sales. Current P/E ratio is 66.68 and Fwd P/E is 23.89. Profit margin for the company is 16.75%. Distance from 52-week low is 14.52% and -15.39% from its 52-week high. The company has generated returns on investments over the last 12 months (3.75%).
The EPS is expected to grow by 12.39% this year.
Analog Devices Inc (ADI) Top Institutional Holders
The shares outstanding are 495.98M, and float is at 494.80M with Short Float at 1.42%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 48.14 million shares valued at $10.99 billion. The investor’s holdings represent 9.7033% of the ADI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 39.55 million shares valued at $9.03 billion to account for 7.9716 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 25.66 million shares representing 5.1702% and valued at over $5.86 billion, while STATE STREET CORP holds 4.5261 of the shares totaling 22.46 million with a market value of $5.13 billion.
Analog Devices Inc (ADI) Insider Activity
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Analog Devices Inc disclosed in a document filed with the SEC on Mar 05 ’25 that JOHNSON MERCEDES (Director) sold a total of 6,000 shares of the company’s common stock. The trade occurred on Mar 05 ’25 and was made at $227.12 per share for $1.36 million. Following the transaction, the insider now directly holds 1836.0 shares of the ADI stock.
Still, SEC filings show that on Mar 05 ’25, STATA RAY (Director) disposed off 2,093 shares at an average price of $224.52 for $0.47 million. The insider now directly holds 187,081 shares of Analog Devices Inc (ADI).
