Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $155.00 short put and a strike $150.00 long put offers a potential 16.28% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $150.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Analog Devices is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Analog Devices is bullish.
The RSI indicator is at 77.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
Analog Devices, Inc. to Report First Quarter Fiscal Year 2021 Financial Results on Wednesday, February 17, 2021
Thu, 21 Jan 2021 21:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced it will release financial results for the first quarter fiscal year 2021 at 8 a.m. Eastern time on Wednesday, February 17, 2021. Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day. Vincent Roche, President and Chief Executive Officer, Prashanth Mahendra-Rajah, Senior Vice President, Finance and Chief Financial Officer, and Michael Lucarelli, Senior Director of Investor Relations will discuss ADI’s results and business outlook.
There Is an Auto Chip Shortage. That Will Slow Down Car Makers, Says Analog Devices CEO.
Wed, 13 Jan 2021 00:54:00 +0000
Auto chip shortages are due to the increased volume of chips per car, and a delay in restarting production to meet the surge in demand, says the Analog Devices CEO.
Analog Devices to Participate in the Goldman Sachs Technology & Internet Conference and the J.P. Morgan Tech/Auto Forum
Fri, 08 Jan 2021 21:00:00 +0000
Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the Goldman Sachs Technology & Internet Conference as well as J.P. Morgan’s 19th Annual Tech/Auto Forum, both to be held on Tuesday, January 12, 2021, at 9:40 a.m. and 1:30 p.m. Eastern time, respectively.
Insider Sells Analog Devices Shares
Thu, 07 Jan 2021 17:12:12 +0000
SVP Power Pietkiewicz Steve filed a Form 4 with the SEC on Thursday, January 7. The insider sold 1,750 shares of Analog Devices Inc (NASDAQ:ADI) at an average price of $150.85. After the transaction, the executive's stake in Analog Devices Inc. moved to 30,312 shares. Analog Devices was trading 2.7% higher from the previous closing price.The Importance of Insider Transactions While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Conversely, insiders who are selling stock at new lows can potentially indicate some kind of capitulation moment. Insiders selling at new highs can indicate that exec wants to “take some profit” and “lock in a gain.”Transaction Codes To Focus On Investors prefer focusing on transactions which take place in the open market, indicated in the Form 4 with codes P for purchase and S for sale. An open-market transaction means the insider went into the market of their own volition and made an active decision about the potential path for a company and its stock moving forward.Transaction codes besides P or S aren't relatively important as they are seldom tied to a decision by the executive. For example, transaction code A is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code C indicates the conversion of an option.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Monday * Stocks That Hit 52-Week Highs On Monday(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2 5G Stocks to Buy in 2021
Mon, 04 Jan 2021 17:03:35 +0000
Fifth-generation (5G) wireless networks gained critical mass in 2020, despite the coronavirus pandemic. What's more, 35 telecom operators reportedly joined the 5G bandwagon in the first half of 2020, as compared to 21 over the same period in 2019. The deployment of 5G networks is expected to gather more steam in 2021 as many wireless frequency spectrum auctions by various governments had to be delayed because of the pandemic.
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