Lisanti Capital Growth LLC Acquires 7,035 Shares of Cognex Co. (CGNX)
Lisanti Capital Growth LLC raised its holdings in Cognex Co. (NASDAQ:CGNX) by 97.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 14,240 shares of the scientific and technical instruments company’s stock after acquiring an additional 7,035 shares during the quarter. Lisanti Capital Growth LLC’s holdings in Cognex were worth $871,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Cerebellum GP LLC acquired a new position in Cognex in the 4th quarter valued at approximately $126,000. Strs Ohio acquired a new position in Cognex in the 4th quarter valued at approximately $133,000. Clear Perspective Advisors LLC increased its position in Cognex by 100.0% in the 4th quarter. Clear Perspective Advisors LLC now owns 2,200 shares of the scientific and technical instruments company’s stock valued at $135,000 after acquiring an additional 1,100 shares during the period. Huntington National Bank increased its position in Cognex by 67.3% in the 3rd quarter. Huntington National Bank now owns 1,367 shares of the scientific and technical instruments company’s stock valued at $151,000 after acquiring an additional 550 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Cognex during the fourth quarter worth $171,000. Hedge funds and other institutional investors own 44.37% of the company’s stock.
Shares of Cognex Co. (NASDAQ CGNX) opened at $55.02 on Friday. Cognex Co. has a 12-month low of $34.33 and a 12-month high of $72.99. The firm has a market cap of $9,290.74, a price-to-earnings ratio of 40.61 and a beta of 1.44.
In other news, Director Patrick Alias sold 5,000 shares of the stock in a transaction on Monday, November 27th. The shares were sold at an average price of $143.54, for a total transaction of $717,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 5.60% of the company’s stock.
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Cognex Company Profile
Cognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company operates through the machine vision technology segment. The Company’s machine vision products are used to automate the manufacture 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.
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