Logitech International S.A. $LOGI Stock Position Raised by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in Logitech International S.A. (NASDAQ:LOGI) by 36.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,391 shares of the technology company’s stock after acquiring an additional 3,316 shares during the period. ProShare Advisors LLC’s holdings in Logitech International were worth $1,112,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Logitech International by 8.9% during the first 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 during the last quarter. Cerity Partners LLC grew its stake in Logitech International by 390.2% during the 1st quarter. Cerity Partners LLC now owns 27,493 shares of the technology company’s stock worth $2,321,000 after buying an additional 21,885 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in Logitech International by 16.6% in the first quarter. Kestra Private Wealth Services LLC now owns 9,449 shares of the technology company’s stock worth $798,000 after buying an additional 1,344 shares during the period. Venturi Wealth Management LLC increased its position in Logitech International by 7.5% in the first quarter. Venturi Wealth Management LLC now owns 12,365 shares of the technology company’s stock worth $1,044,000 after buying an additional 858 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Logitech International by 14.5% in the first quarter. Cetera Investment Advisers now owns 20,890 shares of the technology company’s stock valued at $1,763,000 after buying an additional 2,649 shares during the last quarter. 45.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Prakash Arunkundrum sold 9,900 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $105.00, for a total transaction of $1,039,500.00. Following the completion of the transaction, the insider owned 57,437 shares of the company’s stock, valued at $6,030,885. This trade represents a 14.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Neela Montgomery sold 5,833 shares of Logitech International stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $120.61, for a total value of $703,518.13. Following the transaction, the director directly owned 12,781 shares in the company, valued at approximately $1,541,516.41. The trade was a 31.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 20,733 shares of company stock valued at $2,298,168. 0.19% of the stock is currently owned by corporate insiders.

Logitech International Trading Down 0.5%

Logitech International stock opened at $118.02 on Monday. Logitech International S.A. has a 52 week low of $64.73 and a 52 week high of $123.01. The stock has a market cap of $18.66 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 4.25 and a beta of 1.05. The company’s 50-day moving average price is $112.50 and its two-hundred day moving average price is $98.81.

Logitech International (NASDAQ:LOGI) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.23. Logitech International had a net margin of 14.11% and a return on equity of 32.01%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same period last year, the firm posted $1.20 earnings per share. The business’s revenue was up 6.3% on a year-over-year basis. Logitech International has set its Q3 2026 guidance at EPS. Research analysts expect that Logitech International S.A. will post 4.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LOGI has been the subject of several recent research reports. Wedbush upped their price target on shares of Logitech International from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Citigroup upgraded shares of Logitech International from a “neutral” rating to a “buy” rating and upped their target price for the stock from $100.00 to $130.00 in a research report on Wednesday, October 15th. Zacks Research upgraded shares of Logitech International from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. BNP Paribas Exane raised Logitech International from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a report on Tuesday, August 5th. Finally, Wall Street Zen raised Logitech International from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $106.00.

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.