Logitech International S.A. $LOGI Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC lessened its position in Logitech International S.A. (NASDAQ:LOGI) by 42.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 539 shares of the technology company’s stock after selling 401 shares during the period. Farther Finance Advisors LLC’s holdings in Logitech International were worth $49,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Quarry LP acquired a new position in Logitech International during the first quarter worth about $33,000. Caitong International Asset Management Co. Ltd acquired a new stake in Logitech International in the 1st quarter valued at about $64,000. SVB Wealth LLC bought a new position in shares of Logitech International during the 1st quarter valued at about $82,000. Exane Asset Management grew its stake in shares of Logitech International by 162.6% in the 1st quarter. Exane Asset Management now owns 1,066 shares of the technology company’s stock worth $85,000 after purchasing an additional 660 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Logitech International in the 1st quarter worth approximately $130,000. Institutional investors and hedge funds own 45.76% of the company’s stock.

Logitech International Stock Performance

Logitech International stock opened at $114.21 on Tuesday. Logitech International S.A. has a 12 month low of $64.73 and a 12 month high of $114.94. The company’s fifty day simple moving average is $103.83 and its 200-day simple moving average is $91.07.

Logitech International (NASDAQ:LOGI) last announced its quarterly earnings data on Tuesday, July 29th. The technology company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.18. Logitech International had a return on equity of 30.81% and a net margin of 13.78%.The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the company earned $1.13 earnings per share. Logitech International’s quarterly revenue was up 5.5% compared to the same quarter last year. Logitech International has set its Q2 2026 guidance at EPS. On average, analysts forecast that Logitech International S.A. will post 4.21 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on LOGI shares. Barclays raised their target price on shares of Logitech International from $92.00 to $107.00 and gave the stock an “overweight” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price objective on Logitech International from $80.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Logitech International in a research report on Saturday, September 27th. Morgan Stanley upped their target price on Logitech International from $74.00 to $78.00 and gave the company an “equal weight” rating in a report on Tuesday, July 29th. Finally, Citigroup increased their price target on Logitech International from $85.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Logitech International currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.00.

Insider Activity

In related news, insider Prakash Arunkundrum sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $111.03, for a total value of $555,150.00. Following the completion of the sale, the insider owned 62,437 shares of the company’s stock, valued at approximately $6,932,380.11. The trade was a 7.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.19% of the stock is currently owned by corporate insiders.

Logitech International Company Profile

Logitech International SA, through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.