STATA RAY sold $1.2M of ADI
STATA RAY sold 2,832 shares of ANALOG DEVICES INC (ADI) at an average of $413.71 ($405.57–$421.24, $1.17M total) across 11 trades over 2026-10-06 to 2026-10-07 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The transaction reduces insider ownership and may be viewed as a bearish signal by investors.
Market read
Primary insider sale; modest materiality; likely limited short‑term price impact.
What to watch
The director's remaining stake remains sizable; the sale could be for personal liquidity rather than lack of confidence.
Background
SEC Form 4 filing discloses a director's sale of ADI shares under a 10b5-1 plan.
Ticker impact
Director Stata Ray sold 2,832 shares of Analog Devices for $1.17M via a 10b5-1 plan, reducing his stake to 107,431 shares.
likely pressure as the market prices in the insider sell
Director sales are often interpreted as a lack of confidence; the $1.17M sale is material for a single insider but not large enough to drive a major move.
Market effects
Minimal impact on the broader semiconductor sector; insider sales are company‑specific.
None
Low
Counterpoint
The sale may be routine execution of a pre‑arranged plan, not a signal of deteriorating fundamentals.
Key entities
- CompanyAnalog Devices Inc.
US‑listed semiconductor company (ticker ADI).
- PersonStata Ray
Director of Analog Devices executing a pre‑arranged sale.


