Investment Analysts’ Weekly Ratings Updates for Logitech International (LOGI)

A number of firms have modified their ratings and price targets on shares of Logitech International (NASDAQ: LOGI) recently:

  • 2/5/2024 – Logitech International was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
  • 1/24/2024 – Logitech International was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
  • 1/24/2024 – Logitech International had its price target raised by analysts at Barclays PLC from $96.00 to $104.00. They now have an “overweight” rating on the stock.
  • 1/24/2024 – Logitech International had its price target raised by analysts at Wedbush from $90.00 to $92.00. They now have a “neutral” rating on the stock.
  • 1/24/2024 – Logitech International had its price target raised by analysts at Morgan Stanley from $83.00 to $85.00. They now have an “equal weight” rating on the stock.
  • 1/18/2024 – Logitech International had its price target raised by analysts at Wedbush from $90.00 to $92.00. They now have a “neutral” rating on the stock.
  • 1/3/2024 – Logitech International was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 12/26/2023 – Logitech International was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 12/18/2023 – Logitech International was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Logitech International Trading Up 0.1 %

NASDAQ LOGI opened at $85.27 on Tuesday. The firm has a market capitalization of $13.49 billion, a P/E ratio of 27.87, a PEG ratio of 1.89 and a beta of 0.74. The business has a fifty day simple moving average of $90.68 and a 200 day simple moving average of $79.64. Logitech International S.A. has a 12 month low of $50.26 and a 12 month high of $96.66.

Insider Activity at Logitech International

In other news, insider Samantha Harnett sold 650 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $84.17, for a total transaction of $54,710.50. Following the completion of the sale, the insider now directly owns 11,910 shares of the company’s stock, valued at approximately $1,002,464.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Logitech International

Large investors have recently made changes to their positions in the business. Impact Partnership Wealth LLC bought a new position in shares of Logitech International during the 3rd quarter worth $25,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of Logitech International during the 4th quarter worth $33,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Logitech International by 233.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 551 shares of the technology company’s stock worth $34,000 after acquiring an additional 386 shares during the period. Blue Trust Inc. grew its stake in shares of Logitech International by 65.6% during the 4th quarter. Blue Trust Inc. now owns 424 shares of the technology company’s stock worth $40,000 after acquiring an additional 168 shares during the period. Finally, National Bank of Canada FI boosted its stake in Logitech International by 529.4% in the 4th quarter. National Bank of Canada FI now owns 428 shares of the technology company’s stock worth $40,000 after purchasing an additional 360 shares during the period. 38.58% of the stock is owned by hedge funds and other institutional investors.

Logitech International SA, through its subsidiaries, designs, manufactures, and markets products that connect people to working, creating, gaming, and streaming worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices.

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