Logitech International S.A’s recent filing unveils that its CHIEF LEGAL OFFICER Harnett Samantha unloaded Company’s shares for reported $28980.0 on Feb 03 ’25. In the deal valued at $96.60 per share,300 shares were sold. As a result of this transaction, Harnett Samantha now holds 7,348 shares worth roughly $ 0.77 million.
Then, SAMANTHA HARNETT bought 300 shares, generating $28,980 in total proceeds.
Before that, Harnett Samantha sold 280 shares. Logitech International S.A shares valued at $22,425 were divested by the CHIEF LEGAL OFFICER at a price of $80.09 per share. As a result of the transaction, Harnett Samantha now holds 7,648 shares, worth roughly $0.8 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 Friday, Logitech International S.A [NASDAQ:LOGI] saw its stock jump 1.70% to $105.06. Over the last five days, the stock has gained 6.52%. Logitech International S.A shares have risen nearly 27.58% since the year began. Nevertheless, the stocks have risen 22.99% over the past one year. While a 52-week high of $103.54 was reached on 02/14/25, a 52-week low of $74.72 was recorded on 01/02/25. SMA at 50 days reached $89.11, while 200 days put it at $88.56.
Levels Of Support And Resistance For LOGI Stock
The 24-hour chart illustrates a support level at 104.42, which if violated will result in even more drops to 103.77. On the upside, there is a resistance level at 105.68. A further resistance level may holdings at 106.29. The Relative Strength Index (RSI) on the 14-day chart is 75.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.69, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.06%. Stochastics %K at 96.10% 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 2025-01-31, dropping by -1.08 million shares to a total of 4.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.35 million shares. There was a decline of -25.39%, which implies that there is a negative sentiment for the stock.
