Cognex Corp’s filing revealed that its Chief Technology Officer Kuechen Joerg unloaded Company’s shares for reported $0.26 million on Mar 11 ’25. In the deal valued at $32.97 per share,7,991 shares were sold. As a result of this transaction, Kuechen Joerg now holds 0 shares worth roughly $0.0.
Then, JOERG KUECHEN bought 7,991 shares, generating $263,469 in total proceeds.
Before that, Gerst Carl sold 6,803 shares. Cognex Corp shares valued at $222,630 were divested by the EVP, Vision & ID Products at a price of $32.73 per share. As a result of the transaction, Gerst Carl now holds 4,566 shares, worth roughly $0.11 million.
HSBC Securities downgraded its Cognex Corp [CGNX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Truist also remained covering CGNX and has decreased its forecast on November 05, 2024 with a “Hold” recommendation from previously “Buy” rating. Stephens revised its rating on October 16, 2024. It rated CGNX as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of CGNX
On Monday, Cognex Corp [NASDAQ:CGNX] saw its stock jump 2.09% to $24.45. Over the last five days, the stock has lost -0.24%. Cognex Corp shares have fallen nearly -31.82% since the year began. Nevertheless, the stocks have fallen -40.80% over the past one year. While a 52-week high of $53.13 was reached on 01/21/25, a 52-week low of $22.67 was recorded on 04/09/25. SMA at 50 days reached $31.94, while 200 days put it at $38.49.
Levels Of Support And Resistance For CGNX Stock
The 24-hour chart illustrates a support level at 23.92, which if violated will result in even more drops to 23.40. On the upside, there is a resistance level at 24.98. A further resistance level may holdings at 25.52. The Relative Strength Index (RSI) on the 14-day chart is 33.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.80%. Stochastics %K at 14.26% indicates the stock is a buying.
How much short interest is there in Cognex Corp?
A steep rise in short interest was recorded in Cognex Corp stocks on 2025-03-31, dropping by 39773.0 shares to a total of 5.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.1 million shares. There was a decline of -0.79%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 29, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $57.
