Insider Cluster (2 insiders) ·Filed Aug 6, 2026

ADI

ANALOG DEVICES INC
NEUTRAL
Impact 2/10
Horizondays Processed1mo ago
Insider cluster: 2 insiders, $3.6M total
Actionable Insight • Neutral

This cluster is non-informative for ADI given the negligible proportion of market cap sold and lack of C-suite acceleration beyond the CEO's single trade. Per the asymmetry rule, cluster sells are weak predictors — most are liquidity-driven. No follow-up action warranted; monitor next earnings for any guidance change.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d
ADI ▼ -5.14% at T+20d
NEUTRAL call ✗ call lost -5.14% · α vs SPY -5.74% · entry $375.81 → $356.50
Next anchor: T+60d in 27d
Latest observation: T+37 +17.14% FF3 residual α
Entry anchored
Aug 5, 07:41 PM ET
via 1-min bar
T+1d
+3.66%
call +3.66% · α +3.04%
$389.55
settled 8w ago
T+5d
+1.35%
call +1.35% · α +0.14%
$380.89
settled 7w ago
T+20d
-5.14%
call -5.14% · α -5.74%
$356.50
settled 4w ago
T+60d
—
call — · α —
—
in 27d

Price Chart

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Executive Summary

Two ADI insiders, including Chair & CEO Vincent Roche, sold a combined $3.64M in shares over a one-week period. The CEO's $3.63M open-market sale is the dominant event; director Ray Stata's $14K sale is trivial. Against ADI's $183.8B market cap, total sales represent ~0.002% of market cap — well below materiality thresholds — and the CEO's trade is consistent with portfolio diversification or 10b5-1 planning rather than an informed bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$3.6M
Insiders
2

Key Facts

  • Chair & CEO Vincent Roche sold 10,000 shares at $363 for $3.63M (only sale in 30d prior cluster).
  • Director Ray Stata sold 2,465 shares across 19 trades over 8/4–8/5, totaling ~$971K (average ~$51K/day).
  • Total insider selling in this window: $3.64M; 30-day prior total was $625K across 10 trades.
  • Selling represents 0.002% of ADI's $183.8B market cap — negligible by proportionality standards.
  • 84% of analysts rate ADI Buy or Strong Buy; no fundamental red flags in the cluster context.

Financial Impact

Insider sales of $3.64M represent 0.002% of ADI's $183.8B market cap.

dilutiontrading volume

Risk Factors

  • CEO selling could precede broader insider selling if trend accelerates in subsequent weeks.
  • Historical read-through: past ADI insider sell clusters have not reliably moved the stock (T+20 avg -7.11% across all prior calls, but not specific to cluster patterns).

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
84% bullish (38 analysts)

Investment Themes

Semiconductors

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ADI-1786084041673
16 reports for ADI
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+5▲ +5.32%May 20, 2026
Filters
Rows
Reports for ADI — sortable, filterable
TypeNow
Sep 10, 2026
22d ago
Insider Cluster
NEUTRAL ★ 2/10
$361.25 $362.65▲ +0.39%▲ +0.89%$417.15 (+15.47%)
Sep 9, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$361.25 $362.65▲ +0.39%▲ +0.89%$417.15 (+15.47%)
Sep 9, 2026
23d ago
8-K
BULLISH ★ 7/10
$365.07 $362.04▼ −0.83%▼ −0.17%$417.15 (+14.27%)
Sep 2, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$355.42 $361.25▲ +1.64%▲ +2.60%$417.15 (+17.37%)
Aug 28, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$361.78 $362.25▲ +0.13%▲ +0.02%$417.15 (+15.30%)
Aug 19, 2026
6w ago
8-K
BULLISH ★ 7/10
$373.26 $371.80▼ −0.39%▼ −0.00%$417.15 (+11.76%)
Aug 9, 2026
7w ago
Institutional Cluster
MIXED ★ 4/10
$383.93 $390.28▲ +1.66%▲ +1.70%$417.15 (+8.65%)
Aug 6, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$375.81 $380.89▲ +1.35%▲ +0.14%$417.15 (+11.00%)
Jul 23, 2026
10w ago
Press Release
BEARISH ★ 6/10
$371.86 $366.67▲ +1.40%▲ +1.77%$417.15 (−12.18%)
Jul 14, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$392.75 $372.46▼ −5.17%▼ −3.87%$417.15 (+6.21%)
Showing 10 of 16

US Market Status

Market Closed — Opens Mon (65h 8m)

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Report published Aug 7, 2026