Shares of Logitech International SA (NASDAQ:LOGI) traded down 1.4% during mid-day trading on Tuesday . The company traded as low as $21.48 and last traded at $21.79, with a volume of 608,790 shares traded. The stock had previously closed at $22.11.

A number of analysts recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and issued a $18.00 price target on shares of Logitech International SA in a research note on Friday, July 1st. JPMorgan Chase & Co. lifted their price target on shares of Logitech International SA from $13.50 to $18.00 and gave the stock an “underweight” rating in a research note on Friday, July 29th. Morgan Stanley upgraded shares of Logitech International SA from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, August 10th. Finally, Zacks Investment Research lowered shares of Logitech International SA from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. Logitech International SA has a consensus rating of “Hold” and a consensus price target of $18.44.

The firm’s 50 day moving average is $18.92 and its 200-day moving average is $16.44. The firm has a market capitalization of $3.53 billion and a PE ratio of 27.27.

Logitech International SA (NASDAQ:LOGI) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.07. Equities research analysts forecast that Logitech International SA will post $1.08 EPS for the current year.

In other Logitech International SA news, SVP Marcel Stolk sold 225,000 shares of the company’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $20.36, for a total transaction of $4,581,000.00. Following the completion of the sale, the senior vice president now owns 478,002 shares of the company’s stock, valued at $9,732,120.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vincent Pilette sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $19.93, for a total value of $1,993,000.00. Following the sale, the chief financial officer now directly 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 position in Logitech International SA (NASDAQ:LOGI) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

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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