Analog Devices CFO Richard Puccio Jr sells $573,285 in stock

Richard C. Puccio Jr., the Chief Financial Officer at Analog Devices Inc. (NASDAQ:ADI), sold a significant portion of company stock on September 22, 2026. Specifically, he sold 1,500 shares valued at $382.19 each, amounting to a total of $573,285. The transaction was executed under a pre-established trading plan known as 10b5-1, which Puccio had put in place on May 21, 2026.

Following this sale, Puccio now directly owns 51,177.376 shares of Analog Devices common stock. This move occurred as Analog Devices' shares have experienced a substantial surge of 61% over the past year, currently trading at $393.60, with a market capitalization of $190.7 billion. While a review by InvestingPro suggests the stock may be overvalued compared to its Fair Value, other analyst firms have issued optimistic outlooks.

In recent reports, revenue for the fiscal third quarter reached $4.02 billion, exceeding expectations and demonstrating robust demand in sectors such as data centers, industrial, and automotive. Analysts from Needham, TD Cowen, Seaport Global Securities, BMO Capital, and Stifel have raised their price targets and issued positive ratings, ranging from Buy to Outperform, highlighting the company's potential for growth in the AI data center market.

These developments suggest a favorable future for Analog Devices despite the insider sale by its CFO.