Analog Devices Inc’s recent filing unveils that its Chair & CEO ROCHE VINCENT unloaded Company’s shares for reported $2.15 million on Jan 02 ’25. In the deal valued at $215.49 per share,10,000 shares were sold. As a result of this transaction, ROCHE VINCENT now holds 21,983 shares worth roughly $ 4.72 million.
Then, ROCHE VINCENT bought 10,000 shares, generating $2,154,900 in total proceeds.
Before that, ROCHE VINCENT sold 10,000 shares. Analog Devices Inc shares valued at $2,158,300 were divested by the Chair & CEO at a price of $215.83 per share. As a result of the transaction, ROCHE VINCENT now holds 21,983 shares, worth roughly $4.72 million.
The Benchmark Company initiated its Analog Devices Inc [ADI] rating to a Buy in a research note published on February 14, 2025; the price target was $245. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late November has reiterated a ‘”a Buy”‘ rating for it. Wells Fargo began covering ADI with “an Equal weight” recommendation on November 22, 2024. Truist revised its rating on September 23, 2024. It rated ADI as “a Hold” which previously was an “a Buy”.
Price Performance Review of ADI
On Friday, Analog Devices Inc [NASDAQ:ADI] saw its stock jump 2.52% to $214.61. Over the last five days, the stock has gained 4.58%. Analog Devices Inc shares have risen nearly 1.01% since the year began. Nevertheless, the stocks have risen 16.20% over the past one year. While a 52-week high of $244.14 was reached on 01/23/25, a 52-week low of $182.57 was recorded on 02/12/25. SMA at 50 days reached $214.09, while 200 days put it at $221.63.
Levels Of Support And Resistance For ADI Stock
The 24-hour chart illustrates a support level at 211.78, which if violated will result in even more drops to 208.94. On the upside, there is a resistance level at 216.30. A further resistance level may holdings at 217.98. The Relative Strength Index (RSI) on the 14-day chart is 54.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.46, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.90%. Stochastics %K at 47.31% indicates the stock is a holding.
How much short interest is there in Analog Devices Inc?
A steep rise in short interest was recorded in Analog Devices Inc stocks on 2025-01-31, dropping by -1.41 million shares to a total of 8.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 9.57 million shares. There was a decline of -17.23%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 23, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $270.
