Karen Golz's 1,000-share sale under a pre-arranged plan
Analog Devices director Karen Golz sold 1,000 shares of the semiconductor company on August 27, 2026, for $374.50 each, generating $374,500 in proceeds, filings show. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan and disclosed in an SEC filing. After the sale, Golz owned 10,019 shares, valued at $3,752,115.50, a 9.08% reduction in her ownership.
The same director executed comparable 1,000-share sales on July 13 at an average of $389.83 and on June 12 at an average of $411.95, indicating a recurring schedule of small, plan-driven disposals over recent months rather than a one-time move.
ADI shares slide 3.4% to $361.78
Despite the company having reported quarterly earnings above analyst expectations on August 19, NASDAQ:ADI traded down $12.74, or 3.4%, to $361.78 during mid-day trading on August 28. The stock's 50-day moving average was $384.22 and its 200-day moving average was $373.02, with a 12-month low of $223.47 and a 12-month high of $445.91. ADI's market capitalization stood at $175.31 billion, with a P/E ratio of 42.92 and a beta of 1.20.
Trading volume on the day was 3,247,518 shares, below ADI's average volume of 4,200,649.
Earnings backdrop and analyst stance
Analog Devices last issued quarterly earnings data on August 19, reporting earnings per share of $3.45 for the quarter and beating analysts' consensus estimates. Year-over-year revenue growth was reported at 39.2%. The company has also declared a quarterly dividend of $1.10 per share.
Analysts maintained a consensus "Buy" rating with a $454.63 price target, leaving a gap of roughly $92.85, or about 26%, between that target and the August 28 closing price of $361.78.
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