National Instruments Corporation (NATI) Director James J. Truchard Sells 7,500 Shares of Stock

National Instruments Corporation (NASDAQ:NATI) Director James J. Truchard sold 7,500 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of $44.43, for a total value of $333,225.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

National Instruments Corporation (NASDAQ NATI) opened at 44.21 on Wednesday. The company has a market cap of $5.77 billion, a P/E ratio of 59.82 and a beta of 0.96. National Instruments Corporation has a 12 month low of $27.08 and a 12 month high of $45.30. The firm has a 50-day moving average price of $41.50 and a 200 day moving average price of $38.84.

National Instruments Corporation (NASDAQ:NATI) last posted its earnings results on Thursday, July 27th. The technology company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.08. National Instruments Corporation had a return on equity of 9.81% and a net margin of 8.11%. The company had revenue of $318.61 million for the quarter, compared to the consensus estimate of $321.07 million. During the same quarter in the previous year, the business earned $0.23 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Equities research analysts predict that National Instruments Corporation will post $0.92 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: “National Instruments Corporation (NATI) Director James J. Truchard Sells 7,500 Shares of Stock” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/18/national-instruments-corporation-nati-director-james-j-truchard-sells-7500-shares-of-stock.html.

A number of large investors have recently bought and sold shares of NATI. Janus Henderson Group PLC purchased a new stake in National Instruments Corporation in the second quarter valued at $423,984,000. BlackRock Inc. raised its position in National Instruments Corporation by 7,809.7% in the first quarter. BlackRock Inc. now owns 9,143,655 shares of the technology company’s stock valued at $297,718,000 after purchasing an additional 9,028,054 shares during the period. William Blair Investment Management LLC purchased a new stake in National Instruments Corporation in the second quarter valued at $115,152,000. American Century Companies Inc. purchased a new stake in National Instruments Corporation in the second quarter valued at $43,967,000. Finally, Wells Fargo & Company MN raised its position in National Instruments Corporation by 1,587.5% in the second quarter. Wells Fargo & Company MN now owns 948,054 shares of the technology company’s stock valued at $38,130,000 after purchasing an additional 891,874 shares during the period. Institutional investors own 80.38% of the company’s stock.

NATI has been the topic of several recent research reports. Zacks Investment Research lowered National Instruments Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Instruments Corporation in a research report on Sunday, July 30th. Finally, BidaskClub downgraded National Instruments Corporation from a “buy” rating to a “hold” rating in a research report on Sunday, August 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $40.25.

About National Instruments Corporation

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.

National Instruments Corporation (NASDAQ NATI) opened at 44.21 on Wednesday. The company has a market cap of $5.77 billion, a P/E ratio of 59.82 and a beta of 0.96. National Instruments Corporation has a 12 month low of $27.08 and a 12 month high of $45.30. The firm has a 50-day moving average price of $41.50 and a 200 day moving average price of $38.84.

National Instruments Corporation (NASDAQ:NATI) last posted its earnings results on Thursday, July 27th. The technology company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.08. National Instruments Corporation had a return on equity of 9.81% and a net margin of 8.11%. The company had revenue of $318.61 million for the quarter, compared to the consensus estimate of $321.07 million. During the same quarter in the previous year, the business earned $0.23 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Equities research analysts predict that National Instruments Corporation will post $0.92 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: “National Instruments Corporation (NATI) Director James J. Truchard Sells 7,500 Shares of Stock” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/18/national-instruments-corporation-nati-director-james-j-truchard-sells-7500-shares-of-stock.html.

A number of large investors have recently bought and sold shares of NATI. Janus Henderson Group PLC purchased a new stake in National Instruments Corporation in the second quarter valued at $423,984,000. BlackRock Inc. raised its position in National Instruments Corporation by 7,809.7% in the first quarter. BlackRock Inc. now owns 9,143,655 shares of the technology company’s stock valued at $297,718,000 after purchasing an additional 9,028,054 shares during the period. William Blair Investment Management LLC purchased a new stake in National Instruments Corporation in the second quarter valued at $115,152,000. American Century Companies Inc. purchased a new stake in National Instruments Corporation in the second quarter valued at $43,967,000. Finally, Wells Fargo & Company MN raised its position in National Instruments Corporation by 1,587.5% in the second quarter. Wells Fargo & Company MN now owns 948,054 shares of the technology company’s stock valued at $38,130,000 after purchasing an additional 891,874 shares during the period. Institutional investors own 80.38% of the company’s stock.

NATI has been the topic of several recent research reports. Zacks Investment Research lowered National Instruments Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Instruments Corporation in a research report on Sunday, July 30th. Finally, BidaskClub downgraded National Instruments Corporation from a “buy” rating to a “hold” rating in a research report on Sunday, August 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $40.25.

About National Instruments Corporation

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.

Insider Buying and Selling by Quarter for National Instruments Corporation (NASDAQ:NATI)

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