Analog Devices Inc (ADI:US) reported impressive Q2 earnings posting a revenue of $3.26 billion against consensus of $3.21 billion. It easily beat Wall Street’s EPS expectations of $2.75 by posting an EPS of $2.83.

But things didn’t look that rosy on the guidance front. The company expects $3.1 billion worth of sales in the next quarter. This is even less than the same quarter last year and that is exactly what worries people.

"Looking to the second half, we expect revenue to moderate given the continued economic uncertainty and normalizing supply chains," Chief Executive Vincent Roche said.

While the CEO seemed confident despite the lackluster guidance, market participants obviously had the opposite view. This was reflected in the day’s trading where the stock traded down about 9% on high volume.

ADI stock has seen some trading activity this year from Florida Representative Jared Moskowitz. He bought the stock multiple times this year totaling $4,000 to $60,000 in value. The disappointing outlook means he is stuck with the share at a higher price.

Ro Khanna, the Representative from California and a frequent trader in the U.S. market sits comfortably holding $15,000 - $50,000 worth of ADI, having bought it when the stock closed at $167.10. Despite the selloff in the stock, he is holding a profitable position.