Cognex Corporation (NASDAQ:CGNX) had its Hold rating reiterated by Robert W. Baird with a $48.00 price target

ME Staff
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Analyst Ratings For Cognex Corporation (NASDAQ:CGNX)

Today, Robert W. Baird reiterated its Hold rating on Cognex Corporation (NASDAQ:CGNX) with a price target of $48.00.

There are 5 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Cognex Corporation (NASDAQ:CGNX) is Hold with a consensus target price of $58.75 per share, a potential 32.77% upside.

Some recent analyst ratings include

  • 7/31/2018-Robert W. Baird Reiterated Rating of Hold.
  • 5/7/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Neutral ” rating to a ” Underweight” rating. They now have a $42.00 price target on the stock.
  • 5/1/2018-Raymond James Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 4/10/2018-Goldman Sachs Group was Downgraded by analysts at Goldman Sachs Group from a “Buy ” rating to a ” Neutral” rating. They now have a $55.00 price target on the stock, up previously from $78.00 .
  • 4/4/2018-Northcoast Research Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Cognex Corporation (NASDAQ:CGNX)
Cognex Corporation (NASDAQ:CGNX) has insider ownership of 5.40% and institutional ownership of 85.50%.

  • On 3/12/2018 Anthony Sun, Director, sold 10,000 with an average share price of $56.49 per share and the total transaction amounting to $564,900.00.
  • On 11/27/2017 Patrick Alias, Director, sold 5,000 with an average share price of $143.54 per share and the total transaction amounting to $717,700.00.
  • On 11/9/2017 Theodor Krantz, Director, sold 15,000 with an average share price of $134.05 per share and the total transaction amounting to $2,010,750.00.
  • On 11/6/2017 Jeffrey Benjamin Miller, Director, sold 3,750 with an average share price of $134.48 per share and the total transaction amounting to $504,300.00.
  • On 11/3/2017 John J Curran, Insider, sold 12,500 with an average share price of $132.60 per share and the total transaction amounting to $1,657,500.00.
  • On 11/2/2017 Robert Willett, CEO, sold 100,000 with an average share price of $127.19 per share and the total transaction amounting to $12,719,000.00.
  • On 11/1/2017 Jeffrey Benjamin Miller, Director, sold 7,500 with an average share price of $124.23 per share and the total transaction amounting to $931,725.00.

About Cognex Corporation (NASDAQ:CGNX)
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing 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. Its products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, including DataMan barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits. The company sells its products to customers in the consumer electronics and automotive industries, and semiconductor and electronics capital equipment markets through direct sales force, as well as through a network of distributors and integrators. Cognex Corporation was founded in 1981 and is headquartered in Natick, Massachusetts.

Recent Trading Activity for Cognex Corporation (NASDAQ:CGNX)
Shares of Cognex Corporation closed the previous trading session at 44.25 0.00 0.00% with 1297300 shares trading hands.