National Instruments (NASDAQ:NATI) Earns Coverage Optimism Rating of 0.12

Headlines about National Instruments (NASDAQ:NATI) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Instruments earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories 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 stock’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern’s analysis:

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $46.00 target price on shares of National Instruments in a report on Sunday, October 29th. Zacks Investment Research lowered shares of National Instruments from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, BidaskClub lowered shares of National Instruments from a “sell” rating to a “strong sell” rating in a report on Saturday, December 16th.

National Instruments (NATI) traded up $0.33 during trading on Monday, reaching $44.31. 454,000 shares of the company traded hands, compared to its average volume of 486,933. The stock has a market cap of $5,793.31, a price-to-earnings ratio of 52.75 and a beta of 0.93. National Instruments has a one year low of $29.80 and a one 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 announced its quarterly earnings data on Thursday, October 26th. The technology company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. National Instruments had a net margin of 8.72% and a return on equity of 10.16%. The business had revenue of $320.90 million during the quarter, compared to analyst estimates of $319.78 million. During the same period last year, the firm posted $0.25 EPS. The company’s revenue was up 4.7% on a year-over-year basis. analysts predict that National Instruments will post 0.93 EPS for the current fiscal year.

In other National Instruments news, Director Jeffrey L. Kodosky sold 1,600 shares of the stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $43.77, for a total transaction of $70,032.00. Following the completion of the sale, the director now directly owns 8,270,037 shares of the company’s stock, valued at approximately $361,979,519.49. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James J. Truchard sold 7,500 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $42.02, for a total transaction of $315,150.00. Following the sale, the director now directly owns 8,277,537 shares of the company’s stock, valued at $347,822,104.74. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,053,251 shares of company stock valued at $45,952,756. Insiders own 9.92% of the company’s stock.

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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.

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

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