Credit Agricole S A purchased a new stake in National Instruments Corp (NASDAQ:NATI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,224 shares of the technology company’s stock, valued at approximately $130,000.

A number of other hedge funds have also bought and sold shares of NATI. Eqis Capital Management Inc. purchased a new position in shares of National Instruments Corp during the third quarter valued at approximately $223,000. Oregon Public Employees Retirement Fund boosted its position in shares of National Instruments Corp by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 34,943 shares of the technology company’s stock valued at $992,000 after buying an additional 695 shares in the last quarter. First National Bank of Omaha boosted its position in shares of National Instruments Corp by 13.0% in the third quarter. First National Bank of Omaha now owns 17,770 shares of the technology company’s stock valued at $505,000 after buying an additional 2,045 shares in the last quarter. Capstone Asset Management Co. boosted its position in shares of National Instruments Corp by 6.3% in the third quarter. Capstone Asset Management Co. now owns 8,148 shares of the technology company’s stock valued at $231,000 after buying an additional 485 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in shares of National Instruments Corp by 17.9% in the third quarter. Nisa Investment Advisors LLC now owns 49,335 shares of the technology company’s stock valued at $1,401,000 after buying an additional 7,500 shares in the last quarter. 75.18% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for National Instruments Corp (NASDAQ:NATI)

Shares of National Instruments Corp (NASDAQ:NATI) traded up 0.045% during midday trading on Friday, reaching $33.465. 233,999 shares of the company’s stock were exchanged. The company has a market cap of $4.33 billion, a price-to-earnings ratio of 52.289 and a beta of 0.91. National Instruments Corp has a 12-month low of $25.90 and a 12-month high of $33.52. The stock’s 50 day moving average price is $32.31 and its 200 day moving average price is $30.64.



National Instruments Corp (NASDAQ:NATI) last released its quarterly earnings results on Thursday, January 26th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.03. The business earned $329 million during the quarter, compared to the consensus estimate of $340.61 million. National Instruments Corp had a return on equity of 9.67% and a net margin of 7.12%. The business’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 EPS. Equities analysts anticipate that National Instruments Corp will post $0.94 earnings per share for the current fiscal year.

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Several brokerages recently issued reports on NATI. Robert W. Baird upgraded shares of National Instruments Corp from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $32.00 to $35.00 in a research report on Thursday, December 22nd. Zacks Investment Research upgraded shares of National Instruments Corp from a “sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Finally, Stifel Nicolaus boosted their price target on shares of National Instruments Corp from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, January 27th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $32.67.

In other news, Director James J. Truchard sold 2,500 shares of National Instruments Corp stock in a transaction on Monday, April 17th. The stock was sold at an average price of $32.12, for a total transaction of $80,300.00. Following the completion of the transaction, the director now owns 9,256,416 shares of the company’s stock, valued at approximately $297,316,081.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 27,500 shares of company stock valued at $878,550 in the last ninety days. Corporate insiders own 10.98% of the company’s stock.

About National Instruments Corp

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.

5 Day Chart for NASDAQ:NATI

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