Analog Devices Inc. (ADI) volume exceeds 3.55 million: A new investment opportunity for investors

Analog Devices Inc. (NASDAQ: ADI) kicked off on Monday, up 1.61% from the previous trading day, before settling in for the closing price of $183.36. Over the past 52 weeks, ADI has traded in a range of $154.99-$204.20.

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During the last 5-year period, the sales growth of Technology Sector giant was 17.39%. While this was happening, its average annual earnings per share was recorded -40.63%. With a float of $494.04 million, this company’s outstanding shares have now reached $496.26 million.

Let’s determine the extent of company efficiency that accounts for 26000 employees.

Analog Devices Inc. (ADI) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Analog Devices Inc. is 0.38%, while institutional ownership is 88.76%. The most recent insider transaction that took place on Apr 04 ’24, was worth 687,317. In this transaction EVP, Global Operations of this company sold 3,479 shares at a rate of $197.56, taking the stock ownership to the 5,745 shares. Before that another transaction happened on Apr 01 ’24, when Company’s Chair & CEO sold 10,000 for $197.40, making the entire transaction worth $1,974,000. This insider now owns 51,039 shares in total.

Analog Devices Inc. (ADI) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 1/31/2024, the organization reported $1.73 earnings per share (EPS), higher than consensus estimate (set at $1.7) by $0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -40.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.51% during the next five years compared to 10.35% growth over the previous five years of trading.

Analog Devices Inc. (NASDAQ: ADI) Trading Performance Indicators

Take a look at Analog Devices Inc.’s (ADI) current performance indicators. Last quarter, stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.99. Likewise, its price to free cash flow for the trailing twelve months is 28.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.59, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach 7.65 in one year’s time.

Technical Analysis of Analog Devices Inc. (ADI)

Looking closely at Analog Devices Inc. (NASDAQ: ADI), its last 5-days average volume was 3.08 million, which is a drop from its year-to-date volume of 3.35 million. As of the previous 9 days, the stock’s Stochastic %D was 9.93%. Additionally, its Average True Range was 4.89.

During the past 100 days, Analog Devices Inc.’s (ADI) raw stochastic average was set at 27.19%, which indicates a significant increase from 17.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.85% in the past 14 days, which was higher than the 25.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $192.72, while its 200-day Moving Average is $185.58. However, in the short run, Analog Devices Inc.’s stock first resistance to watch stands at $188.68. Second resistance stands at $191.06. The third major resistance level sits at $193.80. If the price goes on to break the first support level at $183.56, it is likely to go to the next support level at $180.82. Now, if the price goes above the second support level, the third support stands at $178.44.

Analog Devices Inc. (NASDAQ: ADI) Key Stats

The company with the Market Capitalisation of 92.39 billion has total of 495,908K Shares Outstanding. Its annual sales at the moment are 12,306 M in contrast with the sum of 3,315 M annual income. Company’s last quarter sales were recorded 2,513 M and last quarter income was 462,730 K.