Logitech International S.A. $LOGI Stock Holdings Lifted by Vest Financial LLC

Vest Financial LLC boosted its stake in shares of Logitech International S.A. (NASDAQ:LOGI) by 41.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,554 shares of the technology company’s stock after purchasing an additional 1,043 shares during the period. Vest Financial LLC’s holdings in Logitech International were worth $320,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC acquired a new stake in shares of Logitech International in the second quarter worth $27,000. Quarry LP bought a new stake in Logitech International in the 1st quarter valued at $33,000. Caitong International Asset Management Co. Ltd bought a new stake in Logitech International in the 1st quarter valued at $64,000. Farther Finance Advisors LLC increased its holdings in Logitech International by 87.3% in the 1st quarter. Farther Finance Advisors LLC now owns 940 shares of the technology company’s stock valued at $80,000 after buying an additional 438 shares during the period. Finally, SVB Wealth LLC acquired a new stake in shares of Logitech International during the 1st quarter worth about $82,000. 45.76% of the stock is owned by hedge funds and other institutional investors.

Logitech International Stock Up 3.4%

LOGI opened at $108.53 on Thursday. Logitech International S.A. has a twelve month low of $64.73 and a twelve month high of $114.94. The company has a 50-day simple moving average of $105.91 and a 200 day simple moving average of $91.91.

Logitech International (NASDAQ:LOGI) last released its quarterly earnings data on Tuesday, July 29th. The technology company reported $1.26 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm posted $1.13 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. Logitech International has set its Q2 2026 guidance at EPS. Sell-side analysts anticipate that Logitech International S.A. will post 4.21 EPS for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on LOGI shares. Morgan Stanley upped their price objective on Logitech International from $74.00 to $78.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. raised their target price on shares of Logitech International from $80.00 to $104.00 and gave the company 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 note on Wednesday, October 8th. Wedbush upped their target price on shares of Logitech International from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Finally, BNP Paribas upgraded shares of Logitech International from a “hold” rating to a “strong-buy” rating and raised their target price for the stock from $100.00 to $109.00 in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Logitech International has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

Insider Buying and Selling

In other news, insider Prakash Arunkundrum sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $111.03, for a total transaction of $555,150.00. Following the completion of the sale, the insider directly owned 62,437 shares of the company’s stock, valued at $6,932,380.11. This trade represents a 7.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.19% of the company’s stock.

About Logitech International

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.