LOGI stock icon

Logitech
LOGI

$89.40
2.89%

Market Cap: 13.7B

 

About: Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Employees: 7,300

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 24 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

17% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 94

2% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 41

0% more funds holding

Funds holding: 284 [Q4 2023] → 285 (+1) [Q1 2024]

0.8% less ownership

Funds ownership: 39.97% [Q4 2023] → 39.18% (-0.8%) [Q1 2024]

9% less capital invested

Capital invested by funds: $5.94B [Q4 2023] → $5.39B (-$547M) [Q1 2024]

33% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 4 (-2) [Q1 2024]

54% less call options, than puts

Call options by funds: $178M | Put options by funds: $384M

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$75
16%
downside
Avg. target
$92
3%
upside
High target
$111
24%
upside

10 analyst ratings

positive
20%
neutral
70%
negative
10%
Wedbush
Alicia Reese
2%downside
$88
Neutral
Maintained
1 May 2024
JP Morgan
Samik Chatterjee
5%downside
$85
Neutral
Downgraded
1 May 2024
Wedbush
Alicia Reese
3%upside
$92
Neutral
Reiterated
30 Apr 2024
Wedbush
Alicia Reese
3%upside
$92
Neutral
Reiterated
23 Apr 2024
Morgan Stanley
Erik Woodring
16%downside
$75
Underweight
Downgraded
15 Apr 2024

Financial journalist opinion

Based on 24 articles about LOGI published over the past 30 days