Analog Devices Inc’s recently made public that its EVP and CFO Puccio Richard C Jr unloaded Company’s shares for reported $0.84 million on Mar 19 ’25. In the deal valued at $209.19 per share,4,000 shares were sold. As a result of this transaction, Puccio Richard C Jr now holds 49,916 shares worth roughly $10.2 million.
Then, Puccio Richard C Jr bought 4,000 shares, generating $836,760 in total proceeds.
Before that, Bryant Gregory M bought 9,385 shares. Analog Devices Inc shares valued at $1,953,459 were divested by the Officer at a price of $208.15 per share.
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 fall -0.73% to $204.40. Over the last five days, the stock has lost -2.08%. Analog Devices Inc shares have fallen nearly -3.79% since the year began. Nevertheless, the stocks have risen 7.27% over the past one year. While a 52-week high of $247.10 was reached on 02/20/25, a 52-week low of $182.57 was recorded on 02/12/25. SMA at 50 days reached $217.15, while 200 days put it at $222.35.
Levels Of Support And Resistance For ADI Stock
The 24-hour chart illustrates a support level at 202.03, which if violated will result in even more drops to 199.66. On the upside, there is a resistance level at 206.02. A further resistance level may holdings at 207.64. The Relative Strength Index (RSI) on the 14-day chart is 38.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.66%. Stochastics %K at 14.86% indicates the stock is a buying.
How much short interest is there in Analog Devices Inc?
A steep rise in short interest was recorded in Analog Devices Inc stocks on 2025-02-28, dropping by -0.46 million shares to a total of 7.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.16 million shares. There was a decline of -5.93%, 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.
