Logitech International SA (NASDAQ:LOGI)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $22.41 and last traded at $22.30, with a volume of 193,303 shares traded. The stock had previously closed at $21.74.

LOGI has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Logitech International SA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th. Morgan Stanley raised shares of Logitech International SA from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. reissued a “sell” rating and issued a $13.50 target price on shares of Logitech International SA in a research report on Wednesday, July 20th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $22.75 target price (up previously from $18.00) on shares of Logitech International SA in a research report on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $18.44.

The stock has a market capitalization of $3.61 billion and a price-to-earnings ratio of 27.91. The firm has a 50 day moving average of $18.31 and a 200-day moving average of $16.24.

Logitech International SA (NASDAQ:LOGI) last posted its earnings results on Wednesday, July 27th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.13 by $0.07. Equities analysts expect that Logitech International SA will post $1.08 EPS 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 on 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 $9,732,120.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Vincent Pilette sold 100,000 shares of the company’s stock in a transaction on Friday, July 29th. The shares were 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 Form 13F filing with the Securities and Exchange Commission. 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 approximately 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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