Analog Devices, Inc. (ADI): Two Insiders Sell in Aggregate 51,700 Shares

Last Friday, a Vice President and a Board Director of Analog Devices, Inc. (NASDAQ:ADI) have reported the sale of shares of the company. Richard Meaney, the VP of the Products & Technology Group disclosed reducing his holding in Analog Devices, Inc. (NASDAQ:ADI) by 33,662 shares at a price of $54.87 apiece, to 16,941 shares. His position has actually remained unchanged, because the VP has sold the shares for  that have been converted from Non-Qualified Stock Options at a price of $29.91 (26,037 shares) and $19.57 (7,625 shares).

Kenton Sicchitano, Board Director of Analog Devices, Inc. (NASDAQ:ADI), reported the sale of 18,000 shares at a price of $54.79. Following the disposal of securities, the Director owns 12,655 shares. This is the first time Mr. Sicchitano has reported the sale of the company’s shares. Aside from Analog Devices, Inc. (NASDAQ:ADI), he also serves as a director on the boards of Metlife Inc (NYSE:MET) and PerkinElmer, Inc. (NYSE:PKI).

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