Vanguard Personalized Indexing Management LLC Raises Stock Position in Logitech International S.A. (NASDAQ:LOGI)

Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Logitech International S.A. (NASDAQ:LOGIFree Report) by 11.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,527 shares of the technology company’s stock after buying an additional 1,288 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Logitech International were worth $864,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LOGI. Impact Partnership Wealth LLC acquired a new position in Logitech International during the third quarter valued at $25,000. Northwestern Mutual Wealth Management Co. lifted its stake in Logitech International by 233.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 551 shares of the technology company’s stock valued at $34,000 after buying an additional 386 shares in the last quarter. Allworth Financial LP lifted its stake in Logitech International by 249.1% in the 3rd quarter. Allworth Financial LP now owns 754 shares of the technology company’s stock valued at $52,000 after buying an additional 538 shares in the last quarter. GHP Investment Advisors Inc. purchased a new position in Logitech International in the 3rd quarter valued at about $73,000. Finally, CWM LLC lifted its stake in Logitech International by 16.9% in the 3rd quarter. CWM LLC now owns 1,127 shares of the technology company’s stock valued at $78,000 after buying an additional 163 shares in the last quarter. 38.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LOGI has been the topic of a number of research reports. StockNews.com lowered shares of Logitech International from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 5th. Morgan Stanley increased their price objective on shares of Logitech International from $83.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, January 24th. Wedbush increased their price objective on shares of Logitech International from $90.00 to $92.00 and gave the company a “neutral” rating in a report on Wednesday, January 24th. JPMorgan Chase & Co. increased their price objective on shares of Logitech International from $81.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, October 25th. Finally, Barclays increased their price objective on shares of Logitech International from $96.00 to $104.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $86.83.

Get Our Latest Stock Report on Logitech International

Insider Transactions at Logitech International

In other news, insider Samantha Harnett sold 650 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $84.17, for a total transaction of $54,710.50. Following the transaction, the insider now directly owns 11,910 shares in the company, valued at $1,002,464.70. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.15% of the company’s stock.

Logitech International Stock Performance

NASDAQ LOGI opened at $85.27 on Tuesday. The firm has a market cap of $13.49 billion, a PE ratio of 27.87, a P/E/G ratio of 1.89 and a beta of 0.74. Logitech International S.A. has a one year low of $50.26 and a one year high of $96.66. The firm’s fifty day moving average is $90.68 and its two-hundred day moving average is $79.64.

Logitech International Profile

(Free Report)

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.

Further Reading

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

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