The insider selling is immaterial in dollar terms and likely reflects routine portfolio diversification or tax planning. No bearish signal — ignore for trading decisions. Monitor next quarterly filing for any fundamental changes, but this cluster alone does not warrant action.
Price Chart
Executive Summary
A cluster of insider selling at Analog Devices over a 7-day window, led by CEO Vincent Roche selling $3.56M in open-market transactions, with CFO Richard Puccio Jr. and Director Ray Stata also selling. The total $4.28M in sales represents ~0.002% of ADI's $176.9B market cap, making this a trivial, routine event with no material signal for the stock. The historical calibration shows prior bullish/bearish calls on ADI have underperformed, reinforcing a neutral stance on this low-impact cluster.
Key Financial Metrics
Key Facts
- CEO Vincent Roche sold 10,000 shares at $356.33 for $3.56M on 2026-09-01.
- CFO Richard Puccio Jr. sold 1,500 shares at $363.65 for $545K on 2026-09-08.
- Director Ray Stata sold 2,832 shares across multiple transactions totaling ~$1.03M on 2026-09-08 and 2026-09-09.
- Total insider selling of $4.28M represents ~0.002% of ADI's $176.9B market cap.
- All transactions are open-market sales (Code S); no buys in the cluster.
- Prior ADI reports have a 0% win rate at T+20, with average alpha of -5.09% vs SPY.
Financial Impact
Total insider selling of $4.28M, or ~0.002% of market cap — trivial relative to company size.
Risk Factors
- Insider selling could be misinterpreted as a bearish signal by retail traders.
- CEO selling may attract attention despite being a small fraction of his holdings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ADI-1789107790127 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $361.25 $362.65 | ▲ +0.39% | ▲ +0.89% | $417.15 (+15.47%) |
Sep 9, 2026 22d ago | Insider Cluster | $361.25 $362.65 | ▲ +0.39% | ▲ +0.89% | $417.15 (+15.47%) |
Sep 9, 2026 23d ago | 8-K | $365.07 $362.04 | ▼ −0.83% | ▼ −0.17% | $417.15 (+14.27%) |
Sep 2, 2026 4w ago | Insider Cluster | $355.42 $361.25 | ▲ +1.64% | ▲ +2.60% | $417.15 (+17.37%) |
Aug 28, 2026 5w ago | Insider Cluster | $361.78 $362.25 | ▲ +0.13% | ▲ +0.02% | $417.15 (+15.30%) |
Aug 19, 2026 6w ago | 8-K | $373.26 $371.80 | ▼ −0.39% | ▼ −0.00% | $417.15 (+11.76%) |
Aug 9, 2026 7w ago | Institutional Cluster | $383.93 $390.28 | ▲ +1.66% | ▲ +1.70% | $417.15 (+8.65%) |
Aug 6, 2026 8w ago | Insider Cluster | $375.81 $380.89 | ▲ +1.35% | ▲ +0.14% | $417.15 (+11.00%) |
Jul 23, 2026 10w ago | Press Release | $371.86 $366.67 | ▲ +1.40% | ▲ +1.77% | $417.15 (−12.18%) |
Jul 14, 2026 11w ago | Insider Cluster | $392.75 $372.46 | ▼ −5.17% | ▼ −3.87% | $417.15 (+6.21%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access