Maverick Capital Ltd. Invests $593,000 in Logitech International S.A. $LOGI

Maverick Capital Ltd. acquired a new stake in shares of Logitech International S.A. (NASDAQ:LOGI) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 6,548 shares of the technology company’s stock, valued at approximately $593,000.

A number of other institutional investors have also recently made changes to their positions in the business. Quarry LP purchased a new stake in Logitech International in the third quarter valued at about $30,000. CIBC Private Wealth Group LLC boosted its stake in Logitech International by 61.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 455 shares of the technology company’s stock worth $46,000 after purchasing an additional 173 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Logitech International by 40.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 576 shares of the technology company’s stock worth $52,000 after purchasing an additional 165 shares in the last quarter. Richardson Financial Services Inc. grew its position in Logitech International by 101.5% during the 4th quarter. Richardson Financial Services Inc. now owns 663 shares of the technology company’s stock worth $66,000 after purchasing an additional 334 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in Logitech International by 911.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 678 shares of the technology company’s stock worth $68,000 after purchasing an additional 611 shares during the last quarter. Institutional investors and hedge funds own 45.76% of the company’s stock.

Key Logitech International News

Here are the key news stories impacting Logitech International this week:

• Positive Sentiment: Logitech reported quarterly earnings of $1.85 per share, well above the $1.30–$1.33 consensus range and up from $1.26 a year earlier. Revenue reached approximately $1.23 billion, also exceeding the roughly $1.20 billion analyst forecast. Logitech Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Underlying profitability improved sharply: a financial summary cited revenue growth of 6.9%, a 59.5% increase in operating profit, and a 61.4% rise in net income. Operating cash flow also grew 33.3% to $166.7 million, supporting the view that the quarter’s performance was not limited to revenue growth. Logitech Q1 2027 Financial Results
• Positive Sentiment: The company’s cash balance was reported at $1.75 billion, up 17.6% year over year, giving Logitech financial flexibility for investment, shareholder returns, or protection against uncertain demand and trade costs.
• Neutral Sentiment: Management’s second-quarter revenue guidance of approximately $1.2 billion was broadly in line with analyst expectations. This supports stable near-term demand but does not represent a clear upward revision to forecasts. Logitech Announces Q1 Fiscal Year 2027 Results
• Negative Sentiment: Reuters reported that the earnings and profit beat was helped by a large refund of tariffs imposed in the United States. Investors may therefore discount some of the quarter’s margin strength because tariff refunds are unlikely to recur consistently. Logitech Beats Forecasts After U.S. Tariff Refund

Logitech International Price Performance

Shares of Logitech International stock opened at $111.66 on Wednesday. The stock has a market cap of $16.37 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 4.51 and a beta of 1.17. The firm has a fifty day moving average price of $106.36 and a 200 day moving average price of $98.42. Logitech International S.A. has a 1 year low of $83.32 and a 1 year high of $129.66.

Logitech International (NASDAQ:LOGI) last posted its quarterly earnings results on Tuesday, July 28th. The technology company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.26 by $0.59. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. Logitech International had a net margin of 14.69% and a return on equity of 34.09%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.26 earnings per share. As a group, equities analysts expect that Logitech International S.A. will post 5.21 EPS for the current year.

Logitech International Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Tuesday, September 22nd will be paid a $1.36 dividend. The ex-dividend date is Tuesday, September 22nd. This represents a dividend yield of 126.0%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on LOGI shares. Wall Street Zen cut shares of Logitech International from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Barclays boosted their price objective on shares of Logitech International from $98.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Bank of America downgraded Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 target price on the stock. in a research report on Tuesday, June 30th. Citigroup raised their target price on Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Morgan Stanley lowered their price target on Logitech International from $89.00 to $88.00 and set an “underweight” rating for the company in a research report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $109.57.

Logitech International Company Profile

Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.

The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.