Cognex Corporation (NASDAQ:CGNX) Rating Changes as of Apr 16, 2018

April 16, 2018 - By Nell Hawkins

Cognex Corporation (NASDAQ:CGNX) Corporate Logo
Big Money Sentiment increased to 6.53 in Q4 2017. It has change of 5.48, from 2017Q3’s 1.05. The ratio is positive due to Cognex Corporation positioning: 32 sold and 21 reduced. 84 funds took holdings and 262 increased holdings. Investors holded 72.84 million in 2017Q3 but now own 268.44 million shares or 268.52% more.
Fred Alger Management reported 0.22% in Cognex Corporation (NASDAQ:CGNX). Mutual Of America Lc accumulated 0.13% or 142,446 shs. Connecticut-based Cubist Systematic Strategies Limited Liability Corporation has invested 0.06% in Cognex Corporation (NASDAQ:CGNX). Fincl Bank Of Nova Scotia invested 0.02% in Cognex Corporation (NASDAQ:CGNX). Meeder Asset Management holds 0.05% or 10,378 shs. Atria Invests Ltd Company reported 7,648 shs or 0.02% of all its holdings. 95,548 are owned by Royal Financial Bank Of Canada. Iberiabank Corporation has invested 0.17% in Cognex Corporation (NASDAQ:CGNX). Lazard Asset Mgmt Limited Company, a New York-based fund reported 1.01 million shs. Community Bank Na reported 200 shs stake. State Of Tennessee Treasury Department has 0.05% invested in Cognex Corporation (NASDAQ:CGNX). Natixis, a France-based fund reported 31,882 shs. The New York-based Jpmorgan Chase & Com has invested 0.01% in Cognex Corporation (NASDAQ:CGNX). Ny State Teachers Retirement System owns 0.04% invested in Cognex Corporation (NASDAQ:CGNX) for 304,456 shs. Daiwa Secs Group Inc accumulated 15,110 shs.

Cognex Corporation registered $564,892 net activity with 0 buys and 1 sale since March 12, 2018.

Cognex Corporation (NASDAQ:CGNX) Ratings Coverage

In total 9 analysts cover Cognex (NASDAQ:CGNX). “Buy” rating has 4, “Sell” are 0, while 5 are “Hold”. 44% are bullish. 11 are the (NASDAQ:CGNX)’s analyst reports since October 31, 2017 according to StockzIntelligence Inc. On Wednesday, November 8 the firm has “Sell” rating by J.P. Morgan given. The stock rating was downgraded by Goldman Sachs to “Hold” on Tuesday, April 10. On Thursday, February 15 the company was maintained by Canaccord Genuity. On Tuesday, April 3 the rating was upgraded by J.P. Morgan to “Hold”. On Tuesday, April 3 the rating was upgraded by JP Morgan to “Neutral”. On Tuesday, February 13 the firm has “Buy” rating given by Cowen & Co. The company rating was maintained by Canaccord Genuity on Tuesday, October 31. The stock rating was upgraded by Daiwa Securities to “Buy” on Friday, December 8. On Wednesday, April 4 the firm has “Buy” rating by Northcoast given. In Tuesday, October 31 report Robert W. Baird maintained it with “Neutral” rating and $124 target. Listed here are Cognex Corporation (NASDAQ:CGNX) PTs and latest ratings.

10/04/2018 Broker: Goldman Sachs Rating: Hold New Target: $55.0000 Downgrade
04/04/2018 Broker: Northcoast Rating: Buy Upgrade
03/04/2018 Broker: J.P. Morgan Rating: Hold New Target: $62.5000 Upgrade
03/04/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Neutral Upgrade
15/02/2018 Broker: Canaccord Genuity Rating: Hold New Target: $57.0 Maintain
13/02/2018 Broker: Cowen & Co Rating: Buy New Target: $70.0 Maintain
19/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $80.0
08/12/2017 Broker: Daiwa Securities Old Rating: Outperform New Rating: Buy Upgrade
08/11/2017 Broker: J.P. Morgan Rating: Sell New Target: $125.0 Downgrade
31/10/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $95 New Target: $120 Maintain

On during the last trading session the stock increased $0.3 or 0.59%, reaching $50.74.Cognex Corporation has volume of 1.38M shares. Since April 16, 2017 CGNX has risen 31.99% and is uptrending. CGNX outperformed the S&P500 by 20.44%.

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide.The firm is valued at $8.77 billion. The firm offers machine vision products, which are used to automate the manufacturing and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.51.25 is the P/E ratio. The Company’s products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, which are used for reading codes that are applied on discrete items during the manufacturing process, as well as have applications in logistics automation for package sorting and distribution; DataMan barcode readers; barcode verifiers; vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits.

Cognex Corporation (NASDAQ:CGNX) Institutional Investors Chart

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