Analog Devices (NASDAQ:ADI) Stock Purchase Reported by Rep. Rick Larsen

Representative Rick Larsen (Democratic-Washington) recently bought shares of Analog Devices, Inc. (NASDAQ:ADI). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Analog Devices stock on October 8th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 10/8/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Williams-Sonoma (NYSE:WSM) on 10/8/2026.

Analog Devices Stock Performance

NASDAQ:ADI opened at $403.57 on Thursday. The firm has a market capitalization of $195.56 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 1.28 and a beta of 1.22. Analog Devices, Inc. has a 1-year low of $223.47 and a 1-year high of $445.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company’s 50-day moving average is $382.11 and its two-hundred day moving average is $385.78.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the previous year, the business earned $2.05 earnings per share. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts forecast that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. increased their price objective on shares of Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 price objective (up from $400.00) on shares of Analog Devices in a report on Tuesday, September 8th. Robert W. Baird lifted their price objective on shares of Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. Finally, Wells Fargo & Company lowered their target price on shares of Analog Devices from $515.00 to $500.00 and set an “overweight” rating for the company in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $460.09.

Insider Buying and Selling at Analog Devices

In related news, CFO Richard C. Puccio, Jr. sold 2,683 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the completion of the transaction, the chief financial officer directly owned 54,177 shares of the company’s stock, valued at $20,292,537.12. This represents a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total value of $1,343,746.90. Following the transaction, the insider owned 40,428 shares in the company, valued at $16,437,216.24. The trade was a 7.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 50,936 shares of company stock valued at $19,430,764. 0.36% of the stock is owned by company insiders.

Institutional Investors Weigh In On Analog Devices

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mather Group LLC. raised its stake in shares of Analog Devices by 3.4% during the third quarter. Mather Group LLC. now owns 1,750 shares of the semiconductor company’s stock worth $694,000 after purchasing an additional 58 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Analog Devices by 30.5% during the third quarter. Fortitude Family Office LLC now owns 761 shares of the semiconductor company’s stock worth $302,000 after purchasing an additional 178 shares during the period. Strategy Asset Managers LLC grew its position in Analog Devices by 2.1% in the 3rd quarter. Strategy Asset Managers LLC now owns 1,439 shares of the semiconductor company’s stock valued at $571,000 after buying an additional 29 shares during the last quarter. Columbus Macro LLC purchased a new position in Analog Devices in the 3rd quarter valued at $4,551,000. Finally, LDIC Inc. increased its stake in Analog Devices by 5.2% in the 3rd quarter. LDIC Inc. now owns 15,111 shares of the semiconductor company’s stock valued at $5,995,000 after buying an additional 750 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.