On October 24, 2024, Guy Gecht, Director at Logitech International SA (LOGI, Financial), purchased 2,500 shares of the company, as reported in the SEC Filing. Following this transaction, the insider now owns 18,503 shares of the company.
Logitech International SA (LOGI, Financial) specializes in the design, manufacture, and marketing of personal peripherals for personal computers and other digital platforms. The company's products include devices like mice, keyboards, tablet accessories, webcams, Bluetooth speakers, and more.
The shares were bought at a price of $81.12 each, valuing the transaction at $202,800. This purchase reflects the insider's increasing stake in the company amidst its current financial metrics and market valuation.
As of the latest buy, Logitech International SA has a market cap of approximately $12.59 billion. The stock's price-earnings ratio stands at 18.40, which is below both the industry median of 23.4 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Logitech International SA is $69.01 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.18.
Over the past year, there have been 2 insider buys and 5 insider sells at Logitech International SA. The insider transaction trend can be visualized in the following chart:
This recent acquisition by Director Guy Gecht marks a notable insider buy, considering the overall insider activity and the current valuation metrics of the company.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
