Insider Cluster (2 insiders) ·Filed Jul 9, 2026

ADI

ANALOG DEVICES INC
NEUTRAL
Impact 3/10
Horizondays Processed2mo ago
Insider cluster: 2 insiders, $3.9M total
Actionable Insight • Neutral

CEO sales at this provisioning (~0.003% of market cap) carry no material signal. Monitor ADI's next quarterly filing for underlying revenue/earnings trends and chip-cycle commentary, which will drive the stock far more than these trivial insider flows.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
ADI ▲ +5.97% at T+60d
NEUTRAL call ✓ call won +5.97% · α vs SPY +4.34% · entry $393.64 → $417.15
Entry anchored
Jul 8, 03:59 PM ET
via exchange tick
T+1d
+0.51%
call +0.51% · α +0.08%
$395.65
settled 3mo ago
T+5d
-3.33%
call -3.33% · α -3.20%
$380.53
settled 3mo ago
T+20d
-4.15%
call -4.15% · α -6.39%
$377.31
settled 8w ago
T+60d
+5.97%
call +5.97% · α +4.34%
$417.15
settled yesterday

Price Chart

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Executive Summary

CEO Vincent Roche sold $3.9M worth of ADI shares at $389.75 on July 1, and Director Ray Stata sold ~$1.2M in small lots over July 7-8 — all open-market sales with a total cluster value of ~$5.12M. The total is only ~0.003% of ADI's $187.7B market cap, making the dollar amounts trivial relative to company size despite involving the top executive. The credit facility filed 8 days prior is a routine liquidity tool for an investment-grade company and does not materially change the interpretation.

Key Financial Metrics

Direction
selling
Total Value
$5.1M
Insiders
2

Key Facts

  • CEO Vincent Roche sold 10,000 shares at $389.75 on July 1 for gross proceeds of ~$3.9M
  • Director Ray Stata sold ~2,825 shares across July 7–8 ($0.15M in synthetic cluster + ~$1.04M in 20-trade block = ~$1.2M total)
  • Total cluster sales ~$5.12M is only ~0.003% of ADI's $187.7B market cap — far below the 0.1% threshold for materiality
  • A $3.0B revolving credit facility was entered on July 2 for general corporate purposes — routine for an IG company
  • Insider sales at large cap semiconductors by a CEO are often liquidity/diversification driven and not informative at this proportional weight

Financial Impact

Not specified

Risk Factors

  • Sales are entirely open-market and unbudgeted, but the tiny dollar amount ($3.9M CEO sale on a $187.7B company) means no meaningful supply pressure or information event can be inferred

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-1783671060834
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 (64h 11m)

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Report published Jul 10, 2026