National Instruments Corp. (NASDAQ:NATI) insider Eric Howard Starkloff sold 1,393 shares of National Instruments Corp. stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of $28.50, for a total transaction of $39,700.50. Following the sale, the insider now directly owns 10,610 shares in the company, valued at approximately $302,385. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Eric Howard Starkloff also recently made the following trade(s):

  • On Monday, November 7th, Eric Howard Starkloff sold 437 shares of National Instruments Corp. stock. The stock was sold at an average price of $28.50, for a total transaction of $12,454.50.
  • On Tuesday, November 1st, Eric Howard Starkloff sold 1,709 shares of National Instruments Corp. stock. The stock was sold at an average price of $28.09, for a total transaction of $48,005.81.

Shares of National Instruments Corp. (NASDAQ:NATI) opened at 28.52 on Friday. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 42.57 and a beta of 0.89. National Instruments Corp. has a 52 week low of $25.90 and a 52 week high of $31.71. The firm’s 50-day moving average is $27.98 and its 200-day moving average is $27.92.

National Instruments Corp. (NASDAQ:NATI) last posted its earnings results on Thursday, October 27th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.07. The company had revenue of $306.36 million for the quarter, compared to analyst estimates of $304.91 million. National Instruments Corp. had a return on equity of 9.79% and a net margin of 6.95%. National Instruments Corp.’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.24 earnings per share. On average, equities research analysts anticipate that National Instruments Corp. will post $0.72 EPS for the current fiscal year.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 5th. Investors of record on Monday, November 14th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Wednesday, November 9th. National Instruments Corp.’s payout ratio is currently 121.21%.

Several research analysts have recently commented on NATI shares. Stifel Nicolaus reduced their price target on National Instruments Corp. from $33.00 to $32.00 and set a “buy” rating on the stock in a report on Thursday, July 28th. TheStreet upgraded National Instruments Corp. from a “hold” rating to a “buy” rating in a report on Thursday, July 28th. Finally, Zacks Investment Research lowered National Instruments Corp. from a “hold” rating to a “sell” rating in a report on Saturday, July 30th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $32.00.

Several hedge funds have recently bought and sold shares of NATI. Parkside Financial Bank & Trust raised its stake in National Instruments Corp. by 34.5% in the third quarter. Parkside Financial Bank & Trust now owns 4,032 shares of the company’s stock worth $115,000 after buying an additional 1,035 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in National Instruments Corp. by 643.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,333 shares of the company’s stock worth $119,000 after buying an additional 3,750 shares during the last quarter. Glenmede Trust Co. NA raised its stake in National Instruments Corp. by 27.1% in the second quarter. Glenmede Trust Co. NA now owns 4,617 shares of the company’s stock worth $126,000 after buying an additional 983 shares during the last quarter. Advisor Group Inc. raised its stake in National Instruments Corp. by 50.8% in the third quarter. Advisor Group Inc. now owns 4,735 shares of the company’s stock worth $134,000 after buying an additional 1,596 shares during the last quarter. Finally, FineMark National Bank & Trust raised its stake in National Instruments Corp. by 38.5% in the third quarter. FineMark National Bank & Trust now owns 5,456 shares of the company’s stock worth $155,000 after buying an additional 1,518 shares during the last quarter. 73.74% of the stock is currently owned by institutional investors and hedge funds.

National Instruments Corp. Company Profile

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides an integrated software and hardware platform for measurement and control systems. Its products include reusable hardware and software modules.

5 Day Chart for NASDAQ:NATI

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