In a filing, Analog Devices Inc. revealed its Officer ROCHE VINCENT acquired Company’s shares for reported $2.28 million on Aug 01 ’24. In the deal valued at $228.08 per share,10,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, ROCHE VINCENT sold 10,000 shares, generating $2,280,800 in total proceeds. Upon selling the shares at $228.08, the Chair & CEO now owns 51,039 shares.
Before that, ROCHE VINCENT sold 10,000 shares. Analog Devices Inc. shares valued at $2,267,000 were divested by the Chair & CEO at a price of $226.70 per share. As a result of the transaction, ROCHE VINCENT now holds 51,039 shares, worth roughly $10.24 million.
TD Cowen reiterated its Analog Devices Inc. [ADI] rating to a Buy in a research note published on May 23, 2024; the price target was $270. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. Evercore ISI began covering ADI with “an Outperform” recommendation on April 16, 2024. Cantor Fitzgerald started covering the stock on January 23, 2024. It rated ADI as “a Neutral”.
Price Performance Review of ADI
On Monday, Analog Devices Inc. [NASDAQ:ADI] saw its stock fall -3.56% to $200.56. Over the last five days, the stock has lost -11.80%. Analog Devices Inc. shares have risen nearly 1.01% since the year began. Nevertheless, the stocks have risen 4.74% over the past one year. While a 52-week high of $244.14 was reached on 07/17/24, a 52-week low of $154.99 was recorded on 01/04/24. SMA at 50 days reached $230.79, while 200 days put it at $200.35. A total of 4.85 million shares were traded, compared to the trading of 6.56 million shares in the previous session.
Levels Of Support And Resistance For ADI Stock
The 24-hour chart illustrates a support level at 196.50, which if violated will result in even more drops to 192.43. On the upside, there is a resistance level at 206.86. A further resistance level may holdings at 213.15. The Relative Strength Index (RSI) on the 14-day chart is 32.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -16.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.97%. Stochastics%K at 5.07% indicates the stock is a buying.
