Analog Devices Inc. (ADI) volume exceeds 3.09 million: A new investment opportunity for investors

A new trading day began on Monday, with Analog Devices Inc. (NASDAQ: ADI) stock price down -0.97% from the previous day of trading, before settling in for the closing price of $234.49. ADI’s price has ranged from $154.99 to $241.88 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 17.39%. Meanwhile, its annual earnings per share averaged -37.43%. With a float of $494.35 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Analog Devices Inc. is 0.38%, while institutional ownership is 89.02%. The most recent insider transaction that took place on May 28 ’24, was worth 980,910. In this transaction Director of this company sold 4,200 shares at a rate of $233.55, taking the stock ownership to the 6,371 shares. Before that another transaction happened on May 24 ’24, when Company’s CAO (principal acct. officer) sold 4,830 for $236.58, making the entire transaction worth $1,142,679. This insider now owns 10,547 shares in total.

Analog Devices Inc. (ADI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -37.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.41% 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

Here are Analog Devices Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.01. Likewise, its price to free cash flow for the trailing twelve months is 37.60.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.27, a number that is poised to hit 1.50 in the next quarter and is forecasted to reach 8.05 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 3.62 million, which is a jump from its year-to-date volume of 3.39 million. As of the previous 9 days, the stock’s Stochastic %D was 65.69%. Additionally, its Average True Range was 5.74.

During the past 100 days, Analog Devices Inc.’s (ADI) raw stochastic average was set at 83.70%, which indicates a significant increase from 72.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.03% in the past 14 days, which was higher than the 30.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $204.45, while its 200-day Moving Average is $188.71. However, in the short run, Analog Devices Inc.’s stock first resistance to watch stands at $236.16. Second resistance stands at $240.12. The third major resistance level sits at $243.94. If the price goes on to break the first support level at $228.38, it is likely to go to the next support level at $224.56. Now, if the price goes above the second support level, the third support stands at $220.60.

Analog Devices Inc. (NASDAQ: ADI) Key Stats

With a market capitalization of 115.23 billion, the company has a total of 496,217K Shares Outstanding. Currently, annual sales are 12,306 M while annual income is 3,315 M. The company’s previous quarter sales were 2,159 M while its latest quarter income was 302,240 K.