Analog Devices Inc’s recent filing unveils that its EVP, Global Operations Jain Vivek unloaded Company’s shares for reported $2.66 million on Mar 24 ’25. In the deal valued at $210.00 per share,12,684 shares were sold. As a result of this transaction, Jain Vivek now holds 43,175 shares worth roughly $8.7 million.
Then, Jain Vivek bought 12,684 shares, generating $2,663,640 in total proceeds.
Before that, Puccio Richard C Jr sold 4,000 shares. Analog Devices Inc shares valued at $836,760 were divested by the EVP and CFO at a price of $209.19 per share. As a result of the transaction, Puccio Richard C Jr now holds 49,916 shares, worth roughly $10.06 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 fall -3.53% to $201.56. Over the last five days, the stock has lost -1.39%. Analog Devices Inc shares have fallen nearly -5.13% since the year began. Nevertheless, the stocks have risen 6.67% 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 03/28/25. SMA at 50 days reached $216.52, while 200 days put it at $221.72.
Levels Of Support And Resistance For ADI Stock
The 24-hour chart illustrates a support level at 198.87, which if violated will result in even more drops to 196.17. On the upside, there is a resistance level at 206.16. A further resistance level may holdings at 210.75. The Relative Strength Index (RSI) on the 14-day chart is 38.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.25%. Stochastics %K at 26.59% 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 2025-03-14, growing by 1.47 million shares to a total of 8.5 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.03 million shares. There was a rise of 17.31%, which implies that there is a positive 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.
