Analog Devices Slides as Chip Stocks Face Broader Pressure Ahead of Earnings

Analog Devices (ADI) is down 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a broader selloff in semiconductor and AI-linked stocks rather than a fresh company-specific negative announcement. This could be because investors are reducing exposure across the chip sector while ADI also sits less than two weeks away from its next earnings report, which can amplify caution. ([apnews.com](https://apnews.com/article/f8edd0eeb1494d4d2584715686c5e619?utm_source=openai))

Details:

ADI has scheduled its fiscal fourth-quarter 2026 results for November 24, 2026, leaving the stock in a period where positioning can become more sensitive to sector sentiment and expectations. ([analog.com](https://www.analog.com/en/newsroom/press-releases/2026/10-22-2026-adi-report-4q-fy2026-financial-results.html?utm_source=openai))

The company’s recent investor-relations update highlighted an upcoming conference appearance on December 1, but no new negative operating update was posted alongside today’s drop. ([investor.analog.com](https://investor.analog.com/news-releases/news-release-details/analog-devices-participate-ubs-global-technology-and-ai?utm_source=openai))

U.S. market coverage today pointed to renewed weakness in major chip names and concerns about AI-stock valuations, creating a backdrop that could pressure diversified analog and industrial semiconductor names such as ADI. ([apnews.com](https://apnews.com/article/f8edd0eeb1494d4d2584715686c5e619?utm_source=openai))

ADI last reported record fiscal third-quarter 2026 results, suggesting today’s decline is not obviously tied to a recently disclosed deterioration in fundamentals. ([investor.analog.com](https://investor.analog.com/news-releases/news-release-details/analog-devices-reports-record-fiscal-third-quarter-2026?utm_source=openai))

Sources:

Analog Devices, AP News, MarketBeat

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 144 times in the past 6 months. Of those trades, 0 have been purchases and 144 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 10 sales selling 120,000 shares for an estimated $47,715,705.
RAY STATA has made 0 purchases and 122 sales selling 15,576 shares for an estimated $6,024,451.
RICHARD C JR PUCCIO (Chief Financial Officer) has made 0 purchases and 5 sales selling 8,683 shares for an estimated $3,339,514.
VIVEK JAIN (Chief Operations/Tech Officer) has made 0 purchases and 3 sales selling 7,305 shares for an estimated $2,997,326.
KAREN GOLZ has made 0 purchases and 3 sales selling 3,000 shares for an estimated $1,176,280.
KATSUFUMI NAKAMURA (Chief Customer Officer) sold 1,200 shares for an estimated $498,028

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$ADI Hedge Fund Activity

We have seen 1,149 institutional investors add shares of $ADI stock to their portfolio, and 1,008 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 3,745,779 shares (+8.7%) to their portfolio in Q2 2026, for an estimated $1,487,711,045
JPMORGAN CHASE & CO removed 3,452,456 shares (-20.4%) from their portfolio in Q3 2026, for an estimated $1,369,623,819
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. removed 2,980,399 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,182,354,087
CANTILLON CAPITAL MANAGEMENT LLC removed 1,823,477 shares (-95.4%) from their portfolio in Q2 2026, for an estimated $724,230,360
VAN ECK ASSOCIATES CORP added 1,670,957 shares (+24.7%) to their portfolio in Q2 2026, for an estimated $663,653,991
SG AMERICAS SECURITIES, LLC added 1,377,570 shares (+305.3%) to their portfolio in Q2 2026, for an estimated $547,129,476
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,304,400 shares (-24.2%) from their portfolio in Q3 2026, for an estimated $517,468,524

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ADI Congressional Stock Trading

Members of Congress have traded $ADI stock 7 times in the past 6 months. Of those trades, 2 have been purchases and 5 have been sales.

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

REPRESENTATIVE RICK LARSEN purchased up to $15,000 on 10/08.
SENATOR SHELDON WHITEHOUSE sold up to $15,000 on 09/04.
REPRESENTATIVE RICHARD MCCORMICK has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 07/30, 06/12.
REPRESENTATIVE THOMAS H. KEAN, JR. sold up to $15,000 on 06/30.
REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 05/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ADI Analyst Ratings

Wall Street analysts have issued reports on $ADI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 05/21/2026

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 14 analysts offer price targets for $ADI in the last 6 months, with a median target of $460.0.

Here are some recent targets:

C.J. Muse from Cantor Fitzgerald set a target price of $550.0 on 06/29/2026
Tore Svanberg from Stifel set a target price of $498.0 on 06/24/2026
Harlan Sur from JP Morgan set a target price of $450.0 on 05/26/2026
N. Quinn Bolton from Needham set a target price of $440.0 on 05/21/2026
Vivek Arya from B of A Securities set a target price of $460.0 on 05/21/2026
Tristan Gerra from Baird set a target price of $450.0 on 05/21/2026
Blayne Curtis from Jefferies set a target price of $475.0 on 05/21/2026

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.