Analog Devices CFO Richard Puccio Jr. sells $631,620 in stock

Richard C Puccio Jr, the CFO of Analog Devices Inc., divested 1,500 shares of the company's common stock on October 6, 2026, amounting to a total of $631,620. The shares were traded at $421.08 per share. ADI's stock has experienced a 75% increase over the past year, currently trading at $410.08. This sale was executed through a pre-set 10b5-1 trading plan adopted by Mr. Puccio Jr on May 21, 2026.

Consequently, Mr. Puccio Jr now holds 49,677.376 shares of Analog Devices common stock. According to InvestingPro, ADI is currently overvalued relative to its Fair Value. Investors seeking further insights can access ADI’s detailed Pro Research Report, accessible for this and over 1,400 other US stocks. In recent news, Analog Devices reported a quarterly revenue of $4.02 billion, marking an 11% increase from the previous quarter.

This milestone represents the company's first time achieving a $4 billion quarterly revenue, fueled by robust demand in the data center, industrial, and automotive sectors. Needham increased its price target for Analog Devices to $450, acknowledging the company’s strong margin outlook and fourth-quarter guidance that exceeded expectations.

Seaport Global Securities upgraded Analog Devices to a Buy rating, setting a price target of $425, citing the company’s potential in AI data center opportunities. TD Cowen maintained its Buy rating with a price target of $460, following conversations with company executives regarding their datacenter power and optics opportunities.

BMO Capital initiated coverage with an outperform rating and a $430 price target, recognizing Analog Devices’ strong position in the analog semiconductor market. Stifel retained its Buy rating, targeting a $498 price, highlighting the company’s solid performance in data center, industrial, and automotive segments. These developments reflect positive analyst sentiment towards Analog Devices' growth prospects.