Crossmark Global Holdings Inc. Has $13.43 Million Holdings in Logitech International S.A. (NASDAQ:LOGI)

Crossmark Global Holdings Inc. grew its position in Logitech International S.A. (NASDAQ:LOGI) by 511.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,094 shares of the technology company’s stock after purchasing an additional 136,408 shares during the quarter. Crossmark Global Holdings Inc. owned about 0.10% of Logitech International worth $13,431,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Hsbc Holdings PLC grew its stake in shares of Logitech International by 380.7% in the second quarter. Hsbc Holdings PLC now owns 122,926 shares of the technology company’s stock valued at $11,883,000 after acquiring an additional 97,353 shares in the last quarter. Toronto Dominion Bank raised its position in shares of Logitech International by 2,085.3% in the second quarter. Toronto Dominion Bank now owns 63,439 shares of the technology company’s stock valued at $6,146,000 after buying an additional 60,536 shares in the last quarter. SpiderRock Advisors LLC bought a new position in Logitech International during the 3rd quarter worth $1,431,000. Assetmark Inc. raised its holdings in Logitech International by 6,766.2% in the 3rd quarter. Assetmark Inc. now owns 49,231 shares of the technology company’s stock valued at $4,418,000 after acquiring an additional 48,514 shares in the last quarter. Finally, Summit Global Investments bought a new position in shares of Logitech International in the third quarter worth $1,299,000. Institutional investors own 45.76% of the company’s stock.

Logitech International Stock Down 1.1 %

LOGI stock opened at $87.22 on Tuesday. The stock’s 50 day moving average is $82.83 and its 200-day moving average is $85.71. Logitech International S.A. has a twelve month low of $74.72 and a twelve month high of $102.59. The firm has a market capitalization of $13.79 billion, a PE ratio of 19.43, a P/E/G ratio of 2.74 and a beta of 0.77.

Insiders Place Their Bets

In other Logitech International news, Director Guy Gecht acquired 2,500 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was bought at an average cost of $81.12 per share, with a total value of $202,800.00. Following the acquisition, the director now owns 18,503 shares in the company, valued at approximately $1,500,963.36. This represents a 15.62 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LOGI. Barclays cut their price objective on shares of Logitech International from $105.00 to $103.00 and set an “overweight” rating for the company in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. decreased their price target on Logitech International from $98.00 to $93.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. UBS Group raised Logitech International from a “sell” rating to a “neutral” rating in a research note on Wednesday, November 20th. StockNews.com cut shares of Logitech International from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th. Finally, Loop Capital cut their price objective on Logitech International from $88.00 to $81.00 and set a “hold” rating on the stock in a report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $92.88.

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.