Analog Devices (ADI) slides as geopolitical risk sparks risk-off trade, weighing on semiconductors

Analog Devices (ADI) is down 3.5% today. Here is some analysis on what might have caused this price movement.

Analysis: ADI’s drop looks primarily tied to a broader risk-off session for equities—especially tech—amid heightened geopolitical tensions that pushed oil prices higher and lifted Treasury yields. With ADI coming off a strong post-earnings run and recent bullish analyst actions, the move also resembles profit-taking into market-wide volatility.

Details:

Markets opened weaker as escalating Middle East conflict raised inflation and growth worries, with oil prices jumping and the 10-year Treasury yield moving higher—conditions that often pressure higher-multiple semiconductor stocks.

Semiconductors and other growth-heavy groups were broadly softer in the same tape, suggesting ADI’s decline was more macro/sector-driven than company-specific.

ADI recently reported fiscal Q1 2026 results and issued Q2 guidance, alongside an 11% dividend increase—news that had helped support the stock into late February and may have left it more vulnerable to a pullback when sentiment turned.

March 3, 2026 is the shareholder record date for ADI’s next dividend payment, and ex-dividend mechanics can create a small additional downward price adjustment around that timeframe (typically much smaller than today’s full move).

Sources:

Investopedia, Analog Devices (Newsroom/Investor Relations), Investor’s Business Daily

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ADI Insider Trading Activity

$ADI insiders have traded $ADI stock on the open market 80 times in the past 6 months. Of those trades, 0 have been purchases and 80 have been sales.

Here’s a breakdown of recent trading of $ADI stock by insiders over the last 6 months:

VINCENT ROCHE (Chair & CEO) has made 0 purchases and 5 sales selling 50,000 shares for an estimated $12,826,500.
RAY STATA has made 0 purchases and 67 sales selling 31,250 shares for an estimated $8,583,779.
MARTIN COTTER (SVP, Vertical Business Units) has made 0 purchases and 2 sales selling 17,500 shares for an estimated $4,434,043.
MICHAEL SONDEL (CAO (principal acct. officer)) has made 0 purchases and 2 sales selling 12,367 shares for an estimated $3,787,160.
VIVEK JAIN (EVP, Global Operations) sold 5,913 shares for an estimated $1,572,134
KATSUFUMI NAKAMURA (SVP, Chief Customer Officer) has made 0 purchases and 2 sales selling 1,000 shares for an estimated $295,315.
EDWARD H. FRANK sold 1,000 shares for an estimated $242,740

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$ADI Hedge Fund Activity

We have seen 899 institutional investors add shares of $ADI stock to their portfolio, and 896 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 14,268,355 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $3,869,577,876
BANK OF AMERICA CORP /DE/ added 3,120,366 shares (+47.3%) to their portfolio in Q4 2025, for an estimated $846,243,259
FRANKLIN RESOURCES INC removed 1,999,819 shares (-32.1%) from their portfolio in Q4 2025, for an estimated $542,350,912
AMUNDI removed 1,425,490 shares (-22.9%) from their portfolio in Q4 2025, for an estimated $386,592,888
GENERATION INVESTMENT MANAGEMENT LLP removed 1,316,607 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $357,063,818
FARALLON CAPITAL MANAGEMENT LLC removed 1,299,500 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $352,424,400
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 1,225,476 shares (-38.5%) from their portfolio in Q4 2025, for an estimated $332,349,091

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$ADI Congressional Stock Trading

Members of Congress have traded $ADI stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $ADI stock by members of Congress over the last 6 months:

REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/18, 11/13.
REPRESENTATIVE RICHARD MCCORMICK purchased up to $15,000 on 11/05.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$ADI Analyst Ratings

Wall Street analysts have issued reports on $ADI in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

B of A Securities issued a "Buy" rating on 01/21/2026
Wells Fargo issued a "Overweight" rating on 01/15/2026
Benchmark issued a "Buy" rating on 11/26/2025
Evercore ISI Group issued a "Outperform" rating on 11/26/2025
Baird issued a "Outperform" rating on 11/26/2025
Cantor Fitzgerald issued a "Overweight" rating on 09/30/2025

To track analyst ratings and price targets for $ADI, check out Quiver Quantitative's $ADI forecast page.

$ADI Price Targets

Multiple analysts have issued price targets for $ADI recently. We have seen 20 analysts offer price targets for $ADI in the last 6 months, with a median target of $400.0.

Here are some recent targets:

Timothy Arcuri from UBS set a target price of $430.0 on 02/19/2026
Harlan Sur from JP Morgan set a target price of $400.0 on 02/19/2026
John Vinh from Keybanc set a target price of $430.0 on 02/19/2026
Mark Lipacis from Evercore ISI Group set a target price of $387.0 on 02/19/2026
Matthew Prisco from Cantor Fitzgerald set a target price of $400.0 on 02/19/2026
Christopher Rolland from Susquehanna set a target price of $400.0 on 02/19/2026
N. Quinn Bolton from Needham set a target price of $400.0 on 02/19/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.