Logitech International SA (NASDAQ:LOGI)’s share price gapped up prior to trading on Friday . The stock had previously closed at $21.49, but opened at $21.55. Logitech International SA shares last traded at $21.75, with a volume of 347,305 shares changing hands.

Several equities analysts recently issued reports on LOGI shares. Zacks Investment Research downgraded Logitech International SA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th. Rosenblatt Securities reissued a “buy” rating and issued a $18.00 target price on shares of Logitech International SA in a research report on Friday, July 1st. 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, Morgan Stanley raised Logitech International SA from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, August 10th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Logitech International SA currently has an average rating of “Hold” and an average target price of $18.44.

The firm has a 50 day moving average of $19.42 and a 200 day moving average of $16.57. The company has a market cap of $3.51 billion and a P/E ratio of 27.14.

Logitech International SA (NASDAQ:LOGI) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.07. On average, analysts anticipate that Logitech International SA will post $1.08 earnings per share for the current fiscal year.

In other Logitech International SA news, SVP Marcel Stolk sold 225,000 shares of the business’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 SEC, which is accessible through this hyperlink. Also, CFO Vincent Pilette sold 100,000 shares of the business’s stock in a transaction on 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 boosted its stake 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 about 0.18% of Logitech International SA worth $4,395,000 as of its most recent filing with the SEC.

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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