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Stock impact report

Analog Devices, Inc. (ADI) Balances Analyst Optimism With Insider Share Sale [Yahoo! Finance]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Yahoo! Finance
TheFly reported on December 19 that Truist Securities analyst William Stein maintained a Hold rating on ADI while raising the price target to $291 from $258. The update reflects the firm's latest assessment of the company's valuation outlook, though the Hold rating indicates a cautious stance on near-term stock movement. Additionally, on December 18, a Form 4 filing with the SEC revealed that Martin Cotter, Senior Vice President of Vertical Business Units at Analog Devices, Inc. (NASDAQ:ADI), sold 5,000 shares of common stock on December 17. The transaction was executed at an average price of $271.19, totaling approximately $1.36 million. Following this sale, Cotter retains direct ownership of 59,664 shares, valued at roughly $16.18 million. Analog Devices, Inc. (NASDAQ:ADI) is a global semiconductor leader headquartered in Wilmington, Massachusetts, that designs, manufactures, tests, and markets analog, mixed-signal, and digital signal processing integrated circuits (ICs), softw Show less Read more
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