'Analog Devices' Director Sells Millions in Shares Within a Month

Analog Devices Inc. (NASDAQ: ADI) director Ray Stata executed a series of open-market sales under a prearranged Rule 10b5-1 trading plan on January 13–14 and February 4–5, disposing of common shares and realizing approximately $3.5 million in proceeds (about KRW 40 billion). Despite these transactions, Stata continues to maintain a significant economic interest in the company, with direct holdings of roughly 120,000 shares and indirect holdings of over 650,000 shares in his spouse’s name, according to regulatory filings. Separately, Chief Customer Officer Katsufumi Nakamura sold 500 shares of common stock on January 7, generating about $144,000 in proceeds (approximately KRW 2 billion).

Analog Devices reported fiscal 2025 fourth-quarter revenue of $3.08 billion and full-year revenue of $11.0 billion, marking double-digit year-on-year growth, and provided guidance for fiscal 2026 first-quarter revenue of around $3.1 billion, exceeding market expectations. The company is scheduled to announce its first-quarter results on February 18, citing continued strength across its key end markets—industrial, automotive, and communications—as growth drivers.

Analog Devices is a global semiconductor firm supplying analog and mixed-signal integrated circuits across various sectors, including industrial, automotive, communications, and consumer electronics. Its fiscal 2025 revenue of $11.0 billion corresponds to approximately KRW 14 trillion. Ray Stata, a co-founder and board member, made these share sales under a pre-established Rule 10b5-1 trading plan, as disclosed in regulatory filings.