According to Quaero Capital S.A.’s most recent 13F filing with the Securities and Exchange Commission, submitted during the third quarter of 2018, the company bought a new investment in Logitech International S.A. (NASDAQ: LOGI) (SEC). The institutional investor spent close to 1,397,000 dollars to purchase 30,000 shares in the technological company. This brings the total amount of money spent to approximately 1,397,000 dollars. Because it accounts for 1.1% of Quaero Capital S.A.’s total holdings, the investment in Logitech International places the company at position number 24 on the list of the firm’s most valuable holdings.
There have also been transactions that involved institutional investors and other hedge funds buying and selling company stock. These transactions have taken place. During the second quarter of the financial year, CWM LLC purchased an additional 67.5% stake in Logitech International. CWM LLC increased its shareholdings by 264 at the end of the most recent quarter, bringing the total number of shares it owns to 655; these are currently valued at $34,000. This was accomplished by purchasing additional shares in the open market. During the second quarter, Venture Visionary Partners LLC completed a transaction with Logitech International that increased the company’s shareholding to approximately $42,000. This increase was because the company was able to acquire additional shares. The company acquired the Wipfli Financial Advisors LLC brand new position at Logitech International during the third quarter for a cash payment of approximately $79,000.During the second quarter, EverSource Wealth Advisors LLC increased the number of shares of Logitech International owned by a value of 213.0% higher. EverSource Wealth Advisors LLC bought an additional 1,114 stock held by the technology company during the most recent quarter, bringing the total number of shares bought by the company to 1,637, with a value of $85,000. This brought the total number of shares purchased by the company to 1,637. Last but certainly not least, during the second quarter, Quadrant Capital Group LLC increased the percentage of Logitech International that it owned to 76.1%. This is not the case for this to be considered the least significant development. As a direct result of the acquisition of 718 additional shares in the technology company during the most recent quarter, Quadrant Capital Group LLC now directly owns 1,662 shares in the company. The value of these shares comes to $87,000. Institutional investors hold 35.93% of the company’s total shares, which together make up the business’s equity.
Numerous research companies have dedicated reports to LOGI, which have been compiled and distributed. On Monday, October 3rd, BNP Paribas lowered their rating on the shares of Logitech International to “underperform.” BNP Paribas lowered their rating on the shares of Logitech International to “underperform.” Deutsche Bank Aktiengesellschaft changed their recommendation for Logitech International on Friday, January 13th, changing it from a “buy” rating to a “hold” in a research report published that day. Barclays stated that they would be covering Logitech International in a report that was issued on November 9th, and the report was made public. They have provided the company with an “overweight” rating and determined that a price objective of $65.00 is appropriate. StockNews.com started reporting on Logitech International on October 12th, the day after the stock was first traded. They advised their clients to “hold” the stock moving forward. In a research note published on Monday, October 3rd, Exane BNP Paribas downgraded shares of Logitech International from “neutral” to “underperform.” Six different financial experts have given the company their recommendation to purchase the stock and four different analysts