Vanguard Group Inc. Sells 7,189 Shares of FEI Co. (FEIC)
Vanguard Group Inc. cut its position in FEI Co. (NASDAQ:FEIC) by 0.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,959,253 shares of the company’s stock after selling 7,189 shares during the period. Vanguard Group Inc. owned approximately 7.24% of FEI worth $316,285,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in FEIC. CQS Cayman LP acquired a new position in FEI during the second quarter worth $2,725,000. Principal Financial Group Inc. boosted its position in FEI by 16.1% in the second quarter. Principal Financial Group Inc. now owns 156,623 shares of the company’s stock worth $16,740,000 after buying an additional 21,663 shares during the last quarter. Teacher Retirement System of Texas boosted its position in FEI by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 5,711 shares of the company’s stock worth $610,000 after buying an additional 692 shares during the last quarter. JPMorgan Chase & Co. boosted its position in FEI by 9.4% in the second quarter. JPMorgan Chase & Co. now owns 612,022 shares of the company’s stock worth $65,413,000 after buying an additional 52,727 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in FEI by 54.2% in the second quarter. Advisors Asset Management Inc. now owns 2,048 shares of the company’s stock worth $219,000 after buying an additional 720 shares during the last quarter. 97.73% of the stock is owned by institutional investors.
FEI Co. (NASDAQ:FEIC) opened at 106.89 on Friday. The firm’s 50 day moving average price is $106.65 and its 200-day moving average price is $98.82. FEI Co. has a one year low of $64.93 and a one year high of $108.35.
Separately, Zacks Investment Research cut FEI from a “buy” rating to a “hold” rating in a report on Tuesday, September 13th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. FEI currently has an average rating of “Hold” and a consensus price target of $107.00.
In related news, VP Anthony L. Trunzo sold 35,104 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $106.61, for a total transaction of $3,742,437.44. Following the transaction, the vice president now owns 24,994 shares of the company’s stock, valued at $2,664,610.34. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.98% of the company’s stock.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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