Semanteon Capital Management LP Acquires 788 Shares of Logitech International S.A. $LOGI

Semanteon Capital Management LP grew its stake in Logitech International S.A. (NASDAQ:LOGI) by 29.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,453 shares of the technology company’s stock after purchasing an additional 788 shares during the period. Semanteon Capital Management LP’s holdings in Logitech International were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of LOGI. Sound Income Strategies LLC acquired a new position in Logitech International during the second quarter worth $27,000. Quarry LP acquired a new stake in shares of Logitech International in the first quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd acquired a new position in Logitech International during the 1st quarter worth $64,000. SVB Wealth LLC bought a new position in Logitech International in the 1st quarter valued at $82,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Logitech International in the 1st quarter valued at $130,000. Institutional investors own 45.76% of the company’s stock.

Wall Street Analyst Weigh In

LOGI has been the subject of several recent research reports. Zacks Research raised Logitech International from a “hold” rating to a “strong-buy” rating in a report 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 research note on Tuesday, August 5th. Citigroup raised Logitech International from a “neutral” rating to a “buy” rating and upped their price target for the company from $100.00 to $130.00 in a research note on Wednesday, October 15th. 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 report on Wednesday, October 22nd. Finally, Morgan Stanley lifted their price target on shares of Logitech International from $74.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $106.00.

Logitech International Price Performance

LOGI stock opened at $118.02 on Monday. The stock has a market capitalization of $18.66 billion, a P/E ratio of 26.76, a P/E/G ratio of 4.25 and a beta of 1.05. Logitech International S.A. has a fifty-two week low of $64.73 and a fifty-two week high of $123.01. The business has a 50-day moving average of $112.50 and a 200-day moving average of $98.81.

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

Insider Buying and Selling

In other news, insider Prakash Arunkundrum sold 9,900 shares of Logitech International stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $105.00, for a total value 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Neela Montgomery sold 5,833 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $120.61, for a total transaction of $703,518.13. Following the transaction, the director owned 12,781 shares in the company, valued at $1,541,516.41. This represents a 31.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 20,733 shares of company stock valued at $2,298,168. Corporate insiders own 0.19% of the company’s stock.

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.