Logitech International S.A’s filing revealed that its Officer SAMANTHA HARNETT acquired Company’s shares for reported $28980.0 on Feb 03 ’25. In the deal valued at $96.60 per share,300 shares were bought.
Then, Harnett Samantha sold 280 shares, generating $22,425 in total proceeds. Upon selling the shares at $80.09, the CHIEF LEGAL OFFICER now owns 7,648 shares.
Before that, GECHT GUY bought 2,500 shares. Logitech International S.A shares valued at $202,800 were divested by the Director at a price of $81.12 per share. As a result of the transaction, GECHT GUY now holds 18,503 shares, worth roughly $1.78 million.
Deutsche Bank upgraded its Logitech International S.A [LOGI] rating to a Hold from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Kepler’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Morgan Stanley also remained covering LOGI and has increased its forecast on January 23, 2025 with a “an Equal-weight” recommendation from previously “an Underweight” rating. JP Morgan maintained its rating on January 21, 2025. It rated LOGI as “a Neutral”.
Price Performance Review of LOGI
On Monday, Logitech International S.A [NASDAQ:LOGI] saw its stock fall -1.00% to $96.45. Over the last five days, the stock has gained 4.85%. Logitech International S.A shares have risen nearly 17.12% since the year began. Nevertheless, the stocks have risen 15.66% over the past one year. While a 52-week high of $102.59 was reached on 01/31/25, a 52-week low of $74.72 was recorded on 01/02/25. SMA at 50 days reached $85.39, while 200 days put it at $87.57.
Levels Of Support And Resistance For LOGI Stock
The 24-hour chart illustrates a support level at 95.39, which if violated will result in even more drops to 94.33. On the upside, there is a resistance level at 97.58. A further resistance level may holdings at 98.70. The Relative Strength Index (RSI) on the 14-day chart is 67.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 31.01%. Stochastics %K at 80.20% indicates the stock is a selling.
How much short interest is there in Logitech International S.A?
A steep rise in short interest was recorded in Logitech International S.A stocks on 2025-01-15, growing by 0.76 million shares to a total of 5.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.11 million shares. There was a rise of 12.97%, which implies that there is a positive sentiment for the stock.
