Logitech International S.A. (NASDAQ:LOGI – Get Free Report) CFO Charles D. Boynton acquired 1,225 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was bought at an average price of $81.27 per share, with a total value of $99,555.75. Following the purchase, the chief financial officer now directly owns 1,225 shares of the company’s stock, valued at $99,555.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Logitech International Trading Up 0.4 %
Shares of LOGI opened at $82.09 on Monday. The stock’s 50 day moving average is $86.37 and its two-hundred day moving average is $86.74. The firm has a market capitalization of $12.98 billion, a PE ratio of 21.21, a P/E/G ratio of 2.66 and a beta of 0.78. Logitech International S.A. has a twelve month low of $53.91 and a twelve month high of $96.66.
Logitech International (NASDAQ:LOGI – Get Free Report) last announced its quarterly earnings data on Monday, April 29th. The technology company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.34. Logitech International had a return on equity of 27.68% and a net margin of 14.24%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $956.85 million. On average, sell-side analysts predict that Logitech International S.A. will post 3.81 EPS for the current year.
Analysts Set New Price Targets
View Our Latest Stock Report on Logitech International
Hedge Funds Weigh In On Logitech International
Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Logitech International by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 6,159,041 shares of the technology company’s stock worth $585,478,000 after buying an additional 84,179 shares during the period. Vontobel Holding Ltd. grew its holdings in shares of Logitech International by 2.3% in the 4th quarter. Vontobel Holding Ltd. now owns 5,285,659 shares of the technology company’s stock worth $501,223,000 after acquiring an additional 121,060 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Logitech International by 36.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,822,286 shares of the technology company’s stock valued at $267,457,000 after purchasing an additional 760,263 shares in the last quarter. Norges Bank acquired a new position in Logitech International during the fourth quarter worth $214,130,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in Logitech International by 20.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,837,505 shares of the technology company’s stock worth $174,162,000 after purchasing an additional 306,948 shares in the last quarter. Hedge funds and other institutional investors own 45.76% of the company’s stock.
About Logitech International
Logitech International SA, through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices.
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