Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cognex Corp shares valued at $263,469 were sold by Kuechen Joerg on Mar 11 ’25. At $32.97 per share, Kuechen Joerg sold 7,991 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, JOERG KUECHEN purchased 7,991 shares, netting a total of over 263,469 in proceeds.
Before that, Gerst Carl had sold 6,803 shares from its account. In a trade valued at $222,630, the EVP, Vision & ID Products traded Cognex Corp shares for $32.73 each. Upon closing the transaction, the insider’s holdings decreased to 6,803 shares, worth approximately $0.14 million.
As published in a research note from HSBC Securities on February 21, 2025, Cognex Corp [CGNX] has been rated down from a Buy to a Hold and the price target has been revised to $33. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of November 05, 2024, Truist has decreased its “Buy” rating to a “Hold” for CGNX. Earlier on October 16, 2024, Stephens upgraded its rating. Their new recommendation was “an Overweight” for CGNX stock which previously was a “an Equal-weight”.
Analyzing CGNX Stock Performance
During the last five days, there has been a surge of approximately 0.64%. Over the course of the year, Cognex Corp shares have dropped approximately -12.97%. Shares of the company reached a 52-week high of $41.43 on 01/21/25 and a 52-week low of $30.04 on 03/13/25. A 50-day SMA is recorded $35.88, while a 200-day SMA reached $40.04.
Support And Resistance Levels for Cognex Corp (CGNX)
According to the 24-hour chart, there is a support level at 30.38, which, if violated, would cause prices to drop to 29.55. In the upper region, resistance lies at 32.27. The next price resistance is at 33.34. RSI (Relative Strength Index) is 38.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.19, which suggests the price will decrease in the coming days. Percent R is at 72.66%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
