Denali Advisors Llc decreased its stake in Cognex Corporation (CGNX) by 16% based on its latest 2017Q3 regulatory filing with the SEC. Denali Advisors Llc sold 14,700 shares as the company’s stock rose 18.92% with the market. The institutional investor held 77,200 shares of the industrial machinery and components company at the end of 2017Q3, valued at $8.51 million, down from 91,900 at the end of the previous reported quarter. Denali Advisors Llc who had been investing in Cognex Corporation for a number of months, seems to be less bullish one the $9.23B market cap company. The stock decreased 1.24% or $0.67 during the last trading session, reaching $53.42. About 1.21 million shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since March 23, 2017 and is uptrending. It has outperformed by 114.30% the S&P500.
Stuart Powers decreased its stake in Visa Inc (V) by 0.41% based on its latest 2017Q3 regulatory filing with the SEC. Hengistbury Investment Partners Llp sold 9,600 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Stuart Powers held 2.33M shares of the business services company at the end of 2017Q3, valued at $244.92 million, down from 2.34M at the end of the previous reported quarter. Hengistbury Investment Partners Llp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $269.38 billion market cap company. The stock decreased 0.53% or $0.63 during the last trading session, reaching $119.36. About 4.50 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since March 23, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.
Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 8 have Buy rating, 2 Sell and 9 Hold. Therefore 42% are positive. Cognex Corporation had 38 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Needham on Friday, February 17 with “Buy”. The stock of Cognex Corporation (NASDAQ:CGNX) has “Neutral” rating given on Friday, December 2 by Northcoast. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, November 3. On Monday, November 7 the stock rating was upgraded by CLSA to “Outperform”. The stock has “Neutral” rating by Robert W. Baird on Tuesday, October 31. The stock of Cognex Corporation (NASDAQ:CGNX) has “Hold” rating given on Monday, July 31 by Canaccord Genuity. The stock has “Buy” rating by Needham on Tuesday, November 1. The company was maintained on Tuesday, August 2 by CLSA. J.P. Morgan downgraded Cognex Corporation (NASDAQ:CGNX) rating on Wednesday, November 8. J.P. Morgan has “Sell” rating and $125.0 target. Raymond James initiated the shares of CGNX in report on Friday, January 22 with “Outperform” rating.
Denali Advisors Llc, which manages about $357.49 million and $604.52M US Long portfolio, upped its stake in Gamestop Corp (NYSE:GME) by 74,100 shares to 103,400 shares, valued at $2.14M in 2017Q3, according to the filing. It also increased its holding in Dunkin’ Brands Group Inc. (NASDAQ:DNKN) by 113,200 shares in the quarter, for a total of 152,400 shares, and has risen its stake in Suntrust Banks Inc. (NYSE:STI).
Since March 12, 2018, it had 0 buys, and 1 insider sale for $564,892 activity.
Investors sentiment decreased to 1.05 in Q3 2017. Its down 0.28, from 1.33 in 2017Q2. It worsened, as 23 investors sold CGNX shares while 135 reduced holdings. 55 funds opened positions while 111 raised stakes. 72.84 million shares or 2.02% less from 74.34 million shares in 2017Q2 were reported. The Illinois-based Old Second State Bank Of Aurora has invested 0% in Cognex Corporation (NASDAQ:CGNX). Bnp Paribas Arbitrage Sa reported 0.05% in Cognex Corporation (NASDAQ:CGNX). Voya Mngmt Limited Liability Co reported 0.01% stake. Mackenzie Financial invested in 43,751 shares or 0.03% of the stock. M&T Fincl Bank Corporation holds 0.01% or 22,110 shares. 3,800 are owned by Pacad Ltd. Envestnet Asset Inc holds 0.01% or 35,727 shares in its portfolio. Rudman Errol M holds 0.95% of its portfolio in Cognex Corporation (NASDAQ:CGNX) for 15,000 shares. Kornitzer Cap Mgmt Ks accumulated 15,860 shares or 0.03% of the stock. Pennsylvania-based Pnc Finance Gp has invested 0% in Cognex Corporation (NASDAQ:CGNX). Capstone Invest Advsrs Limited Com has 2,200 shares for 0.01% of their portfolio. Manufacturers Life Ins Co The accumulated 132,180 shares. Moreover, Alpine Glob Mngmt has 0.46% invested in Cognex Corporation (NASDAQ:CGNX) for 14,295 shares. Nomura Inc holds 33,220 shares. Balyasny Asset Limited Com stated it has 16,043 shares or 0.01% of all its holdings.
Analysts await Cognex Corporation (NASDAQ:CGNX) to report earnings on May, 7. They expect $0.20 EPS, up 17.65% or $0.03 from last year’s $0.17 per share. CGNX’s profit will be $34.57 million for 66.78 P/E if the $0.20 EPS becomes a reality. After $0.30 actual EPS reported by Cognex Corporation for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.
Since December 13, 2017, it had 0 buys, and 3 insider sales for $6.56 million activity. Biggar Lynne had sold 1,712 shares worth $205,440. 49,702 shares were sold by MAHON TULLIER KELLY, worth $5.65M.
Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 EPS, up 17.44% or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28B for 29.54 P/E if the $1.01 EPS becomes a reality. After $1.08 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.