Encourage Investing LLC lowered its place in shares of Cognex Co. (NASDAQ:CGNX – Free Report) by 65.4% within the third quarter, in accordance with its most up-to-date submitting with the Securities and Change Fee (SEC). The fund owned 10,209 shares of the scientific and technical devices firm’s inventory after promoting 19,320 shares through the interval. Encourage Investing LLC’s holdings in Cognex had been value $413,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
A number of different institutional traders have additionally lately made modifications to their positions within the firm. Massmutual Belief Co. FSB ADV elevated its stake in Cognex by 94.4% through the first quarter. Massmutual Belief Co. FSB ADV now owns 589 shares of the scientific and technical devices firm’s inventory value $25,000 after buying a further 286 shares over the past quarter. Rise Advisors LLC raised its holdings in Cognex by 1,239.7% within the 1st quarter. Rise Advisors LLC now owns 777 shares of the scientific and technical devices firm’s inventory valued at $33,000 after shopping for a further 719 shares through the interval. BI Asset Administration Fondsmaeglerselskab A S boosted its stake in Cognex by 303.1% through the first quarter. BI Asset Administration Fondsmaeglerselskab A S now owns 770 shares of the scientific and technical devices firm’s inventory value $33,000 after shopping for a further 579 shares through the interval. GAMMA Investing LLC elevated its place in shares of Cognex by 276.1% through the second quarter. GAMMA Investing LLC now owns 1,087 shares of the scientific and technical devices firm’s inventory valued at $51,000 after buying a further 798 shares over the past quarter. Lastly, Point72 Hong Kong Ltd bought a brand new stake in shares of Cognex within the 2nd quarter valued at roughly $55,000. Hedge funds and different institutional traders personal 88.12% of the corporate’s inventory.
Insiders Place Their Bets
In different Cognex information, CFO Dennis Fehr acquired 6,570 shares of the corporate’s inventory in a transaction dated Wednesday, September 4th. The shares had been acquired at a mean value of $38.04 per share, for a complete transaction of $249,922.80. Following the acquisition, the chief monetary officer now owns 6,570 shares within the firm, valued at $249,922.80. The acquisition was disclosed in a doc filed with the SEC, which might be accessed by means of the SEC web site. In associated information, Director Dianne M. Parrotte bought 2,000 shares of Cognex inventory in a transaction that occurred on Wednesday, August seventh. The inventory was bought at a mean value of $38.62 per share, with a complete worth of $77,240.00. Following the completion of the transaction, the director now immediately owns 11,340 shares within the firm, valued at roughly $437,950.80. The commerce was a 0.00 % improve of their possession of the inventory. The acquisition was disclosed in a submitting with the Securities & Change Fee, which is accessible by means of this hyperlink. Additionally, CFO Dennis Fehr acquired 6,570 shares of the corporate’s inventory in a transaction on Wednesday, September 4th. The shares had been bought at a mean value of $38.04 per share, for a complete transaction of $249,922.80. Following the acquisition, the chief monetary officer now owns 6,570 shares of the corporate’s inventory, valued at roughly $249,922.80. The disclosure for this buy might be discovered right here. 1.10% of the inventory is owned by firm insiders.
Cognex Inventory Efficiency
Shares of Cognex inventory opened at $40.18 on Thursday. The enterprise has a 50-day easy transferring common of $39.25 and a 200-day easy transferring common of $43.02. The corporate has a market cap of $6.90 billion, a PE ratio of 69.28 and a beta of 1.41. Cognex Co. has a one yr low of $34.28 and a one yr excessive of $53.13.
Cognex (NASDAQ:CGNX – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, July thirty first. The scientific and technical devices firm reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. Cognex had a internet margin of 9.29% and a return on fairness of 4.97%. The corporate had income of $239.00 million through the quarter, in comparison with analysts’ expectations of $240.33 million. Throughout the identical quarter within the earlier yr, the enterprise posted $0.32 EPS. The agency’s income was down 1.6% on a year-over-year foundation. On common, sell-side analysts predict that Cognex Co. will publish 0.44 earnings per share for the present fiscal yr.
Cognex Broadcasts Dividend
The agency additionally lately declared a quarterly dividend, which was paid on Thursday, August twenty ninth. Shareholders of document on Thursday, August fifteenth had been paid a $0.075 dividend. This represents a $0.30 dividend on an annualized foundation and a yield of 0.75%. The ex-dividend date of this dividend was Thursday, August fifteenth. Cognex’s dividend payout ratio is presently 51.72%.
Wall Road Analysts Forecast Development
CGNX has been the topic of plenty of analysis analyst stories. StockNews.com raised shares of Cognex from a “promote” ranking to a “maintain” ranking in a analysis report on Friday, August ninth. Needham & Firm LLC lifted their value goal on Cognex from $48.00 to $57.00 and gave the corporate a “purchase” ranking in a analysis word on Monday, July twenty ninth. Robert W. Baird lowered their goal value on Cognex from $46.00 to $42.00 and set a “impartial” ranking for the corporate in a report on Monday, August fifth. The Goldman Sachs Group lower their value goal on shares of Cognex from $45.00 to $39.00 and set a “promote” ranking on the inventory in a analysis word on Friday, August 2nd. Lastly, DA Davidson lowered their value goal on shares of Cognex from $41.00 to $39.00 and set a “impartial” ranking for the corporate in a analysis word on Monday, August fifth. One funding analyst has rated the inventory with a promote ranking, 4 have given a maintain ranking, seven have given a purchase ranking and one has given a robust purchase ranking to the corporate’s inventory. Based on MarketBeat.com, the corporate at present has a consensus ranking of “Average Purchase” and a consensus goal value of $50.00.
Test Out Our Newest Report on CGNX
Cognex Firm Profile
Cognex Company offers machine imaginative and prescient merchandise that seize and analyze visible data to automate manufacturing and distribution duties worldwide. Its machine imaginative and prescient merchandise are used to automate the manufacturing and monitoring of discrete gadgets, together with cell phones, electrical automobile batteries, and e-commerce packages by finding, figuring out, inspecting, and measuring them through the manufacturing or distribution course of.
Featured Tales
Wish to see what different hedge funds are holding CGNX? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Cognex Co. (NASDAQ:CGNX – Free Report).
Obtain Information & Rankings for Cognex Every day – Enter your e mail tackle beneath to obtain a concise each day abstract of the most recent information and analysts’ rankings for Cognex and associated corporations with MarketBeat.com’s FREE each day e mail publication.
