Logitech International SA (NASDAQ:LOGI) rose 1.8% during trading on Monday . The stock traded as high as $17.16 and last traded at $17.10, with a volume of 364,274 shares trading hands. The stock had previously closed at $16.79.

LOGI has been the topic of several research reports. Zacks Investment Research cut Logitech International SA from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. Sterne Agee CRT assumed coverage on Logitech International SA in a research note on Tuesday, April 5th. They issued a “neutral” rating and a $18.00 target price on the stock. Rosenblatt Securities reiterated a “buy” rating and set a $18.00 price objective on shares of Logitech International SA in a research note on Saturday, April 9th. Finally, JPMorgan Chase & Co. reiterated a “sell” rating and set a $13.50 price objective on shares of Logitech International SA in a research note on Wednesday, July 20th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $16.13.

The company has a market cap of $2.82 billion and a P/E ratio of 24.343. The stock has a 50 day moving average price of $16.08 and a 200 day moving average price of $15.54.

Several large investors recently made changes to their positions in LOGI. Dimensional Fund Advisors LP raised its stake in shares of Logitech International SA by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,619 shares of the company’s stock worth $4,395,000 after buying an additional 4,214 shares during the period. Schroder Investment Management Group raised its stake in shares of Logitech International SA by 1.1% in the fourth quarter. Schroder Investment Management Group now owns 3,020,138 shares of the company’s stock worth $46,510,000 after buying an additional 33,829 shares during the period. Liberty Mutual Group Asset Management Inc. bought a new stake in shares of Logitech International SA during the fourth quarter worth $2,475,000. Finally, First Trust Advisors LP raised its stake in shares of Logitech International SA by 361.5% in the fourth quarter. First Trust Advisors LP now owns 162,467 shares of the company’s stock worth $2,448,000 after buying an additional 127,261 shares during the period.

Logitech International SA (Logitech) is a Switzerland-based company that, together with its subsidiaries, develops and markets hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet.

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