Logitech International S.A. (NASDAQ:LOGI) CFO Vincent Pilette sold 13,804 shares of Logitech International stock in a transaction on Monday, July 31st. The shares were sold at an average price of $36.25, for a total value of $500,395.00. Following the sale, the chief financial officer now directly owns 460,127 shares in the company, valued at approximately $16,679,603.75. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Vincent Pilette also recently made the following trade(s):

  • On Tuesday, August 1st, Vincent Pilette sold 5,985 shares of Logitech International stock. The shares were sold at an average price of $36.06, for a total value of $215,819.10.
  • On Wednesday, August 2nd, Vincent Pilette sold 53,370 shares of Logitech International stock. The shares were sold at an average price of $36.29, for a total value of $1,936,797.30.

Shares of Logitech International S.A. (NASDAQ LOGI) opened at 35.76 on Friday. The firm’s 50-day moving average price is $37.26 and its 200 day moving average price is $33.07. The company has a market cap of $5.86 billion, a P/E ratio of 26.95 and a beta of 0.57. Logitech International S.A. has a 52 week low of $20.16 and a 52 week high of $40.82.

Logitech International (NASDAQ:LOGI) last released its quarterly earnings results on Monday, July 24th. The technology company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.04. The business had revenue of $529.95 million for the quarter, compared to analyst estimates of $521.24 million. Logitech International had a return on equity of 25.18% and a net margin of 9.15%. On average, equities analysts predict that Logitech International S.A. will post $1.46 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece of content was first reported by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/08/05/insider-selling-logitech-international-s-a-logi-cfo-sells-500395-00-in-stock.html.

Several analysts have weighed in on the company. Aegis assumed coverage on Logitech International in a research note on Tuesday, June 13th. They set a “buy” rating and a $48.00 target price on the stock. Citigroup Inc. assumed coverage on Logitech International in a research note on Thursday, July 6th. They set a “buy” rating and a $44.00 target price on the stock. Finally, Loop Capital assumed coverage on Logitech International in a research note on Monday, July 24th. They set a “buy” rating and a $48.00 target price on the stock. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $33.98.

Large investors have recently added to or reduced their stakes in the company. World Asset Management Inc raised its stake in Logitech International by 0.5% in the first quarter. World Asset Management Inc now owns 10,738 shares of the technology company’s stock worth $342,000 after buying an additional 58 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in 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 period. Comerica Bank raised its stake in Logitech International by 1.3% in the first quarter. Comerica Bank now owns 9,924 shares of the technology company’s stock worth $324,000 after buying an additional 129 shares during the period. DekaBank Deutsche Girozentrale raised its stake in Logitech International by 26.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 257,916 shares of the technology company’s stock worth $8,172,000 after buying an additional 53,431 shares during the period. Finally, Eqis Capital Management Inc. raised its stake in Logitech International by 17.8% in the first quarter. Eqis Capital Management Inc. now owns 33,402 shares of the technology company’s stock worth $1,065,000 after buying an additional 5,048 shares during the period. Institutional investors and hedge funds own 37.65% of the company’s stock.

Logitech International Company Profile

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.

Insider Buying and Selling by Quarter for Logitech International (NASDAQ:LOGI)

Receive News & Ratings for Logitech International S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Logitech International S.A. and related companies with MarketBeat.com's FREE daily email newsletter.