Logitech International SA (NASDAQ:LOGI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $21.47 and last traded at $21.33, with a volume of 744,903 shares changing hands. The stock had previously closed at $20.67.

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of Logitech International SA from an “underweight” rating to an “equal weight” rating in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Logitech International SA from $13.50 to $18.00 and gave the company an “underweight” rating in a research report on Friday, July 29th. Zacks Investment Research downgraded shares of Logitech International SA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $22.75 price target (up from $18.00) on shares of Logitech International SA in a research report on Wednesday, August 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $18.44.

The stock has a 50-day moving average of $17.62 and a 200 day moving average of $16.05. The company has a market capitalization of $3.51 billion and a PE ratio of 27.10.

Logitech International SA (NASDAQ:LOGI) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.07. Analysts predict that Logitech International SA will post $1.07 earnings per share for the current fiscal year.

In other Logitech International SA news, SVP Marcel Stolk sold 225,000 shares of the company’s stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $20.36, for a total value of $4,581,000.00. Following the completion of the transaction, the senior vice president now owns 478,002 shares in the company, valued at approximately $9,732,120.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Vincent Pilette sold 100,000 shares of the company’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $19.93, for a total transaction of $1,993,000.00. Following the completion of the transaction, the chief financial officer now owns 518,492 shares of the company’s stock, valued at approximately $10,333,545.56. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Logitech International SA stock. Dimensional Fund Advisors LP increased its stake in shares of Logitech International SA (NASDAQ:LOGI) by 1.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 291,619 shares of the company’s stock after buying an additional 4,214 shares during the period. Dimensional Fund Advisors LP owned 0.18% of Logitech International SA worth $4,395,000 at the end of the most recent reporting 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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