Somewhat Favorable Media Coverage Somewhat Unlikely to Impact National Instruments (NATI) Share Price
News articles about National Instruments (NASDAQ:NATI) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Instruments earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 44.6925887070682 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Ready for the next 60 Years: Ball Aerospace Continues to Invest in People, Infrastructure, Technologies (bizjournals.com)
- PDP Tackles APC, FG Over New Fuel Subsidy Plan (thisdaylive.com)
- Long-awaited US Report Charts Course for Studies of Earth from Space (scientificamerican.com)
- Solving Earth’s Climate Challenges Require More Satellite Vision: Report (space.com)
- National Instruments (NATI) Upgraded by BidaskClub to “Sell” (americanbankingnews.com)
Several research firms recently commented on NATI. BidaskClub raised shares of National Instruments from a “strong sell” rating to a “sell” rating in a research report on Friday. Zacks Investment Research cut shares of National Instruments from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of National Instruments in a research report on Tuesday, September 26th.
National Instruments (NASDAQ:NATI) traded up $0.51 on Monday, reaching $43.94. 370,375 shares of the company traded hands, compared to its average volume of 552,900. The company has a market cap of $5,678.25, a PE ratio of 52.31 and a beta of 0.93. National Instruments has a 1-year low of $29.80 and a 1-year high of $46.33. The company has a quick ratio of 2.53, a current ratio of 3.22 and a debt-to-equity ratio of 0.01.
National Instruments (NASDAQ:NATI) last posted its quarterly earnings data on Thursday, October 26th. The technology company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $320.90 million for the quarter, compared to analysts’ expectations of $319.78 million. National Instruments had a net margin of 8.72% and a return on equity of 10.16%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.25 EPS. equities research analysts predict that National Instruments will post 0.93 EPS for the current fiscal year.
In related news, Director James J. Truchard sold 985,162 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $43.66, for a total value of $43,012,172.92. Following the sale, the director now directly owns 8,345,037 shares of the company’s stock, valued at approximately $364,344,315.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James J. Truchard sold 7,500 shares of the business’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $41.88, for a total transaction of $314,100.00. The disclosure for this sale can be found here. Insiders sold a total of 1,059,151 shares of company stock worth $46,215,949 over the last ninety days. 9.92% of the stock is currently owned by insiders.
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About National Instruments
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.
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