American National Insurance Co. TX maintained its position in shares of Logitech International S.A. (NASDAQ:LOGI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,020 shares of the technology company’s stock at the end of the second quarter. American National Insurance Co. TX’s holdings in Logitech International were worth $1,540,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. Acadian Asset Management LLC increased its position in shares of Logitech International by 40.3% in the first quarter. Acadian Asset Management LLC now owns 4,290,144 shares of the technology company’s stock worth $136,513,000 after buying an additional 1,231,790 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Logitech International by 3.2% in the first quarter. Vanguard Group Inc. now owns 3,453,378 shares of the technology company’s stock worth $110,060,000 after buying an additional 105,826 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Logitech International by 14.1% in the first quarter. Renaissance Technologies LLC now owns 2,597,742 shares of the technology company’s stock worth $82,790,000 after buying an additional 321,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Logitech International by 7.5% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,424,956 shares of the technology company’s stock worth $77,161,000 after buying an additional 168,983 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of Logitech International by 4.6% in the first quarter. Alliancebernstein L.P. now owns 853,111 shares of the technology company’s stock worth $27,189,000 after buying an additional 37,301 shares during the last quarter. Hedge funds and other institutional investors own 37.81% of the company’s stock.

Logitech International S.A. (NASDAQ LOGI) opened at 38.72 on Friday. The company’s 50-day moving average price is $37.26 and its 200-day moving average price is $32.32. Logitech International S.A. has a 12 month low of $16.79 and a 12 month high of $39.23. The stock has a market cap of $6.33 billion, a P/E ratio of 31.23 and a beta of 0.57.

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LOGI has been the topic of a number of analyst reports. Citigroup Inc. initiated coverage on Logitech International in a research report on Thursday, July 6th. They set a “buy” rating and a $44.00 price objective on the stock. Aegis initiated coverage on Logitech International in a research report on Tuesday, June 13th. They set a “buy” rating and a $48.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Logitech International currently has an average rating of “Buy” and a consensus price target of $31.98.

In related news, SVP Marcel Stolk sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $34.16, for a total value of $3,416,000.00. Following the sale, the senior vice president now owns 131,372 shares of the company’s stock, valued at approximately $4,487,667.52. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last ninety days, insiders sold 295,363 shares of company stock worth $9,840,515. 1.90% of the stock is owned by corporate insiders.

About Logitech International

Logitech International SA is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Company operates through peripheral segment. The Company offers its products to a network of domestic and international customers, including direct sales to retailers, e-tailers, and indirect sales through distributors.

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Institutional Ownership by Quarter for Logitech International (NASDAQ:LOGI)

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