Logitech International S.A. $LOGI Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in shares of Logitech International S.A. (NASDAQ:LOGI) by 7.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,821 shares of the technology company’s stock after purchasing an additional 200 shares during the period. Yousif Capital Management LLC’s holdings in Logitech International were worth $254,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Logitech International by 40.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 8,658 shares of the technology company’s stock valued at $731,000 after acquiring an additional 2,497 shares in the last quarter. Novem Group boosted its stake in Logitech International by 30.0% during the 1st quarter. Novem Group now owns 12,816 shares of the technology company’s stock valued at $1,082,000 after acquiring an additional 2,954 shares during the last quarter. World Investment Advisors acquired a new position in Logitech International during the 1st quarter worth $259,000. Bank of New York Mellon Corp increased its position in shares of Logitech International by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 353,147 shares of the technology company’s stock worth $29,809,000 after purchasing an additional 2,050 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Logitech International by 8.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 109,716 shares of the technology company’s stock valued at $9,261,000 after purchasing an additional 8,971 shares in the last quarter. 45.76% of the stock is currently owned by institutional investors and hedge funds.

Logitech International Price Performance

Logitech International stock opened at $111.70 on Friday. The company’s 50-day moving average price is $107.35 and its two-hundred day moving average price is $93.26. Logitech International S.A. has a 52 week low of $64.73 and a 52 week high of $114.94.

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

Insider Buying and Selling at Logitech International

In other Logitech International news, insider Prakash Arunkundrum sold 9,900 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $105.00, for a total transaction of $1,039,500.00. Following the transaction, the insider directly owned 57,437 shares of the company’s stock, valued at $6,030,885. This represents a 14.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LOGI. Wedbush boosted their price objective on shares of Logitech International from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective on Logitech International from $80.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Barclays increased their target price on Logitech International from $92.00 to $107.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 30th. Citigroup raised shares of Logitech International from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $130.00 in a report on Wednesday, October 15th. Finally, BNP Paribas raised shares of Logitech International from a “hold” rating to a “strong-buy” rating and increased their price objective for the stock from $100.00 to $109.00 in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $100.89.

Logitech International 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.