Insider Sale: EVP & President of Global Business Units Gregory Bryant Sells 30,000 Shares of Analog Devices Inc (ADI)

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On September 25, 2024, Gregory Bryant, EVP & President of Global Business Units at Analog Devices Inc (ADI, Financial), executed a sale of 30,000 shares of the company. The transaction was filed on the same day with the SEC. Following this sale, the insider now owns 109,093.372 shares of Analog Devices Inc.

Analog Devices Inc, a global leader in the design, manufacturing, and marketing of a broad portfolio of high performance analog, mixed-signal, and digital signal processing (DSP) integrated circuits (ICs) used in virtually all types of electronic equipment.

Over the past year, Gregory Bryant has sold a total of 47,612 shares and has not made any purchases of the company's stock. The insider transaction history for Analog Devices Inc shows no insider buys in the past year, but there have been 20 insider sells.

Shares of Analog Devices Inc were trading at $224.1 on the day of the sale. The company has a market cap of $115.415 billion. The price-earnings ratio stands at 69.81, significantly above both the industry median of 30.61 and the company's historical median.

The stock's valuation metrics show a GF Value of $152.81, indicating that at a price of $224.1, Analog Devices Inc is significantly overvalued with a price-to-GF-Value ratio of 1.47.

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The GF Value is calculated based on historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor reflecting past returns and growth, and supplemented by future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.