Cognex, Inc. (NASDAQ:CGNX), a leader in the machine vision industry, offers a wide range of products including machine vision systems, vision sensors, and industrial barcode readers used in manufacturing automation. The company's technology is used for tasks such as guiding assembly robots, tracking items throughout production, and ensuring products meet quality standards. Cognex Chief Technology Officer Jorg Kuchen sold 5,331 shares of the company's stock on May 12, 2019, according to his recent SEC filings. March 12, 2024. The trades were executed at an average price of $40.93 per share, for a total value of $218,237.83. Over the past year, Joerg Kuechen has engaged in the sale of his 5,331 shares but did not purchase any shares of the company. stock. This latest trade continues a pattern observed in the company's insider trading history.
Cognex Inc.'s insider trading history shows that there were no insider purchases in the past year, with a total of 0 purchases. In contrast, there were two insider sales over the same period, indicating a trend of insider selling. In terms of valuation, Cognex Inc. stock was trading at $40.93 on the day of the most recent insider sale, giving the company a market capitalization of $7.014. a billion. The price-to-earnings ratio is 62.88, higher than both the industry median of 23.51 and the company's historical median price-to-earnings ratio.
Considering the stock price of $40.93 and GuruFocus Value of $46.00, Cognex Inc.'s Price to GF Value ratio is 0.89, suggesting that the stock is slightly undervalued according to the GF Value metric. GF Value is calculated based on historical trading multiples, GuruFocus adjustment factors, and future earnings estimates provided by Morningstar analysts. A recent insider sale by Cognex's chief technology officer, Jorg Keuchen, has made even more data points available to investors. Consider this when evaluating a stock's performance and insider sentiment.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
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