The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Analog Devices Inc shares valued at $563,143 were sold by STATA RAY on Apr 15 ’25. At $180.21 per share, STATA RAY sold 3,125 shares. The insider’s holdings dropped to 186,321 shares worth approximately $36.38 million following the completion of this transaction.
Also, STATA RAY sold 3,125 shares, netting a total of over 546,184 in proceeds. Following the sale of shares at $174.78 each, the insider now holds 183,196 shares.
Before that, Raymond S. Stata had added 18,750 shares to its account. In a trade valued at $3,366,375, the Director bought Analog Devices Inc shares for $179.54 each.
As published in their initiating research note from The Benchmark Company on February 14, 2025, Analog Devices Inc [ADI] has been a Buy and the price target has been revised to $245. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in late November. As of November 22, 2024, Wells Fargo has initiated its “an Equal weight” rating for ADI. Earlier on September 23, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for ADI stock which previously was a “a Buy”.
Analyzing ADI Stock Performance
During the last five days, there has been a surge of approximately 10.97%. Over the course of the year, Analog Devices Inc shares have dropped approximately -8.11%. Shares of the company reached a 52-week high of $247.10 on 02/20/25 and a 52-week low of $158.65 on 04/07/25. A 50-day SMA is recorded $205.57, while a 200-day SMA reached $217.33.
Support And Resistance Levels for Analog Devices Inc (ADI)
According to the 24-hour chart, there is a support level at 191.68, which, if violated, would cause prices to drop to 188.13. In the upper region, resistance lies at 198.15. The next price resistance is at 201.06. RSI (Relative Strength Index) is 53.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.16, which suggests the price will increase in the coming days. Percent R is at 8.11%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
