Insider Selling: Analog Devices, Inc. (ADI) CEO Sells 10,000 Shares of Stock – Fairfield Current
Analog Devices, Inc. (NASDAQ:ADI) CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction on Monday, October 1st. The firm has a market cap of $34.36 billion, a P/E ratio of 17.73, a P/E/G ratio of 1.27 and a beta of 1.20. Analog Devices announced that its board has approved a share repurchase program on Tuesday, August 21st that authorizes the company to repurchase $2.00 billion in outstanding shares. SunTrust Banks reissued a “buy” rating and issued a $118.00 target price on shares of Analog Devices in a research note on Thursday, August 30th.