The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Logitech International S.A shares valued at $28,980 were sold by Harnett Samantha on Feb 03 ’25. At $96.60 per share, Harnett Samantha sold 300 shares. The insider’s holdings dropped to 7,348 shares worth approximately $0.76 million following the completion of this transaction.
Also, SAMANTHA HARNETT purchased 300 shares, netting a total of over 28,980 in proceeds.
Before that, Harnett Samantha had sold 280 shares from its account. In a trade valued at $22,425, the CHIEF LEGAL OFFICER traded Logitech International S.A shares for $80.09 each. Upon closing the transaction, the insider’s holdings decreased to 280 shares, worth approximately $0.79 million.
As published in a research note from Deutsche Bank on January 31, 2025, Logitech International S.A [LOGI] has been rated up from a Sell to a Hold. Analysts at Kepler upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of January 23, 2025, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for LOGI. Earlier on January 21, 2025, JP Morgan resumed its rating. Their recommendation was “a Neutral” for LOGI stock.
Analyzing LOGI Stock Performance
During the last five days, there has been a surge of approximately 3.90%. Over the course of the year, Logitech International S.A shares have jumped approximately 25.44%. Shares of the company reached a 52-week high of $103.54 on 02/13/25 and a 52-week low of $81.45 on 01/02/25. A 50-day SMA is recorded $88.66, while a 200-day SMA reached $88.43. Nevertheless, trading volume fell to 0.79 million shares from 0.38 million shares the previous day.
Support And Resistance Levels for Logitech International S.A (LOGI)
According to the 24-hour chart, there is a support level at 101.83, which, if violated, would cause prices to drop to 100.35. In the upper region, resistance lies at 104.16. The next price resistance is at 105.01. RSI (Relative Strength Index) is 72.85 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.88, which suggests the price will increase in the coming days. Percent R is at 1.84%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
