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The Benchmark Company initates Analog Devices Inc (ADI) stock to a Buy

Analog Devices Inc’s filing revealed that its Chair & CEO ROCHE VINCENT unloaded Company’s shares for reported $2.0 million on Apr 01 ’25. In the deal valued at $200.26 per share,10,000 shares were sold. As a result of this transaction, ROCHE VINCENT now holds 107,912 shares worth roughly $19.27 million.

Then, ROCHE VINCENT bought 10,000 shares, generating $2,002,600 in total proceeds.

Before that, Jain Vivek sold 12,684 shares. Analog Devices Inc shares valued at $2,663,640 were divested by the EVP, Global Operations at a price of $210.00 per share. As a result of the transaction, Jain Vivek now holds 43,175 shares, worth roughly $7.71 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 Monday, Analog Devices Inc [NASDAQ:ADI] saw its stock fall -0.31% to $178.60. Over the last five days, the stock has gained 4.24%. Analog Devices Inc shares have fallen nearly -15.94% since the year began. Nevertheless, the stocks have fallen -10.09% over the past one year. While a 52-week high of $247.10 was reached on 02/20/25, a 52-week low of $158.65 was recorded on 04/07/25. SMA at 50 days reached $209.15, while 200 days put it at $219.02.

Levels Of Support And Resistance For ADI Stock

The 24-hour chart illustrates a support level at 174.45, which if violated will result in even more drops to 170.31. On the upside, there is a resistance level at 183.87. A further resistance level may holdings at 189.15. The Relative Strength Index (RSI) on the 14-day chart is 40.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.53%. Stochastics %K at 35.66% 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 2025-03-31, dropping by -0.46 million shares to a total of 7.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.7 million shares. There was a decline of -6.34%, 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.

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