Vivek Jain, Analog Devices officer, sells $2.16m in shares
Analog Devices officer Vivek Jain divested $2.16 million worth of company stock in two transactions on October 7 and 8, 2026. On the 7th, he sold 2,000 shares, and another 3,305.062 shares were sold on the 8th. The shares were exchanged at prices between $406.585 and $409.788. This follows a remarkable surge in Analog Devices shares, up 82.5% year-over-year, with the stock currently priced at $406.19.
According to InvestingPro analysis, the stock may be overvalued, potentially motivating Jain's decision to sell and realize gains. After the transactions, Jain still owns 40,428.418 shares of Analog Devices common stock.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.