Logitech International SA (NASDAQ:LOGI) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 555 put options on the company. This represents an increase of 928% compared to the average daily volume of 54 put options.
Shares of Logitech International (LOGI) opened at $37.33 on Friday. Logitech International has a one year low of $24.99 and a one year high of $40.82. The firm has a market cap of $5,899.62, a price-to-earnings ratio of 28.72 and a beta of 0.39.
Logitech International (NASDAQ:LOGI) last issued its quarterly earnings data on Monday, October 23rd. The technology company reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.11. Logitech International had a net margin of 9.32% and a return on equity of 24.58%. The business had revenue of $634.21 million during the quarter, compared to analysts’ expectations of $630.23 million. During the same period in the previous year, the company earned $0.35 earnings per share. equities research analysts forecast that Logitech International will post 1.24 EPS for the current fiscal year.
Institutional investors have recently modified their holdings of the company. Navellier & Associates Inc acquired a new stake in shares of Logitech International in the second quarter worth $201,000. Kimelman & Baird LLC acquired a new stake in shares of Logitech International in the second quarter worth $220,000. Atria Investments LLC acquired a new stake in shares of Logitech International in the fourth quarter worth $204,000. Quantbot Technologies LP acquired a new stake in shares of Logitech International in the second quarter worth $254,000. Finally, Harbour Capital Advisors LLC acquired a new stake in shares of Logitech International in the third quarter worth $259,000. Institutional investors and hedge funds own 38.23% of the company’s stock.
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Logitech International Company Profile
Logitech International SA is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Company operates through peripheral segment. The Company offers its products to a network of domestic and international customers, including direct sales to retailers, e-tailers, and indirect sales through distributors.
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