Institutional Investor Sentiment About National Instruments Corp (NASDAQ:NATI) Up

October 2, 2018 - By olga

National Instruments Corporation (NASDAQ:NATI) Logo

Sentiment for National Instruments Corp (NASDAQ:NATI)

National Instruments Corp (NASDAQ:NATI) institutional sentiment increased to 1.2 in Q2 2018. Its up 0.08, from 1.12 in 2018Q1. The ratio is positive, as 121 institutional investors increased and started new stock positions, while 101 sold and decreased equity positions in National Instruments Corp. The institutional investors in our partner’s database reported: 98.49 million shares, up from 98.04 million shares in 2018Q1. Also, the number of institutional investors holding National Instruments Corp in their top 10 stock positions decreased from 5 to 2 for a decrease of 3. Sold All: 33 Reduced: 68 Increased: 92 New Position: 29.

National Instruments Corporation designs, makes, and sells systems to engineers and scientists worldwide. The company has market cap of $6.29 billion. It offers LabVIEW, a system design software for measurement, automation, and control; LabVIEW Real-Time and LabVIEW FPGA, which are software add-ons to LabVIEW; LabVIEW Communications System Design Suite for wireless prototyping; LabWindows/CVI for creating test and control applications; and Measurement Studio consisting of measurement and automation add-on libraries, and additional tools for programmers. It has a 96.95 P/E ratio. The firm also provides software products, such as NI TestStand to test and measure applications in a manufacturing environment; NI VeriStand software to configure real-time testing applications; NI DIAdem, which provides users configuration technical data management, analysis, and report generation tools; NI InsightCM Enterprise for monitoring critical and ancillary rotating equipment; and NI Multisim circuit design software.

The stock decreased 0.73% or $0.35 during the last trading session, reaching $47.6. About 138,176 shares traded. National Instruments Corporation (NASDAQ:NATI) has risen 19.74% since October 2, 2017 and is uptrending. It has outperformed by 4.12% the S&P500.

Analysts await National Instruments Corporation (NASDAQ:NATI) to report earnings on October, 25. They expect $0.32 EPS, up 28.00 % or $0.07 from last year’s $0.25 per share. NATI’s profit will be $42.31M for 37.19 P/E if the $0.32 EPS becomes a reality. After $0.29 actual EPS reported by National Instruments Corporation for the previous quarter, Wall Street now forecasts 10.34 % EPS growth.

Tikvah Management Llc holds 6.37% of its portfolio in National Instruments Corporation for 483,455 shares. Bares Capital Management Inc. owns 3.72 million shares or 5.44% of their US portfolio. Moreover, Mcdaniel Terry & Co has 3.68% invested in the company for 476,981 shares. The New York-based Praesidium Investment Management Company Llc has invested 3.3% in the stock. Riverbridge Partners Llc, a Minnesota-based fund reported 3.26 million shares.

Since January 1, 0001, it had 1 insider buy, and 54 sales for $56.82 million activity.

National Instruments Corporation (NASDAQ:NATI) Institutional Positions Chart

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