Insider Makes Significant Stock Sale Slowing Buying Trend in Analog Devices (ADI) Shares over Last Quarter

Friday, September 15, 2017 10:15 PM ET

Insider Makes Significant Stock Sale Slowing Buying Trend in Analog Devices (ADI) Shares over Last Quarter

One Analog Devices insider — Ray Stata, Director — today, sold 25,000 shares having a market value of approximately $2,087,500, as indicated in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 14,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 11,000 shares and have averaged 19,500 shares per transaction over this time period.

This number of buy-sell trades at Analog Devices is near average for the 78 member peer company. The Semiconductors peer group saw 159 buy/sell trades during this period for an average of 2.0 transactions per company. However, trading at Analog Devices represents a lower number of shares per transaction. Within the peer group there were 277,089 shares purchased and 48,940,859 shares sold with company insiders selling 306,061 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to create and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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