Continued Level of Significant Insider Selling at Analog Devices (ADI)

Wednesday, September 20, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Analog Devices (ADI)

One insider — Ray Stata, Director — today, sold 25,000 shares of Analog Devices having a market value of approximately $2,131,775, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 14,000 company shares and the disposition of 25,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 36,000 shares and have averaged 21,333 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Analog Devices is greater than its 78-company peer group average. The Semiconductors peer group saw 165 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Analog Devices insiders is lower than its peers. Within the peer group there were 270,430 shares purchased and 50,920,771 shares sold with company insiders selling 306,972 shares on average over this time period.

The data obtained in composing and writing in this story eliminates 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.

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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