Inside Trade: James Truchard Sold 42,500 Shares of National Instruments (NATI); Stantec Inc. (TSE:STN) Had 4 Bullish Analysts

Stantec Inc. (TSE:STN) Logo

Among 9 analysts covering Stantec Inc. (TSE:STN), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Stantec Inc. had 35 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, February 24 by Scotia Capital. As per Friday, June 3, the company rating was downgraded by Desjardins Securities. RBC Capital Markets downgraded Stantec Inc. (TSE:STN) on Wednesday, July 22 to “Sector Perform” rating. National Bank Canada maintained the stock with “Sector Perform” rating in Monday, May 2 report. The firm has “Sector Perform” rating given on Thursday, June 22 by RBC Capital Markets. The firm has “Outperform” rating given on Friday, November 10 by Scotia Capital. The rating was maintained by Scotia Capital with “Sector Perform” on Monday, November 28. The firm has “Buy” rating given on Tuesday, September 8 by Dundee Securities. The company was maintained on Tuesday, March 21 by Raymond James. See Stantec Inc. (TSE:STN) latest ratings:

01/12/2017 Broker: National Bank Canada Rating: Outperform Old Target: $42.00 New Target: $39.00 Target Down
10/11/2017 Broker: Raymond James Rating: Outperform Old Target: $38.00 New Target: $41.00 Target Up
10/11/2017 Broker: Scotia Capital Rating: Outperform New Target: $40.00 Maintain

The stock decreased 0.63% or $0.2 during the last trading session, reaching $31.45. About 120,761 shares traded. Stantec Inc. (TSE:STN) has 0.00% since April 4, 2017 and is . It has underperformed by 11.55% the S&P500.

Stantec Inc. provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. The company has market cap of $3.59 billion. It operates through four divisions: Consulting Services – Canada, Consulting Services – United States, Consulting Services – Global, and Construction Services. It has a 37 P/E ratio. The firm provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental services, project management, and project economics; and construction management services.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.31, from 1.36 in 2017Q3. It is negative, as 9 investors sold Stantec Inc. shares while 30 reduced holdings. 11 funds opened positions while 30 raised stakes. 62.43 million shares or 1.56% more from 61.47 million shares in 2017Q3 were reported. Millennium Management Ltd Limited Liability Company owns 26,340 shares. 4,735 are owned by Tower Cap Limited Co (Trc). Franklin has 0.07% invested in Stantec Inc. (TSE:STN). Royal Bancorp Of Canada accumulated 8.31 million shares or 0.1% of the stock. 27,454 were reported by Legal General Group Pcl. Ubs Asset Mngmt Americas Inc accumulated 45,398 shares. X Mngmt Communications Ltd Liability owns 7,951 shares. Fifth Third Savings Bank invested in 3,294 shares or 0% of the stock. National Bank & Trust Of Nova Scotia Trust Co owns 11,170 shares for 0.03% of their portfolio. Grandeur Peak Glob Ltd stated it has 1.70 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt Corp stated it has 0.33% of its portfolio in Stantec Inc. (TSE:STN). The Massachusetts-based Massachusetts Fincl Co Ma has invested 0.01% in Stantec Inc. (TSE:STN). Moreover, Fiera has 0.31% invested in Stantec Inc. (TSE:STN). Schroder Mngmt Group holds 0% or 16,400 shares in its portfolio. Goldman Sachs Group stated it has 0% in Stantec Inc. (TSE:STN).

Since October 9, 2017, it had 0 insider buys, and 44 selling transactions for $64.00 million activity. TRUCHARD JAMES J had sold 7,500 shares worth $333,225 on Monday, October 16. On Monday, December 11 the insider KODOSKY JEFFREY L sold $85,580. $217,316 worth of National Instruments Corporation (NASDAQ:NATI) was sold by Rust Scott Arthur on Thursday, February 1. On Thursday, February 1 the insider Roiko John Charles sold $92,805. DAVERN ALEXANDER M also sold $599,947 worth of National Instruments Corporation (NASDAQ:NATI) shares.

Analysts await National Instruments Corporation (NASDAQ:NATI) to report earnings on April, 26. They expect $0.19 EPS, up 35.71% or $0.05 from last year’s $0.14 per share. NATI’s profit will be $24.93 million for 64.29 P/E if the $0.19 EPS becomes a reality. After $0.35 actual EPS reported by National Instruments Corporation for the previous quarter, Wall Street now forecasts -45.71% negative EPS growth.

National Instruments Corporation designs, makes, and sells systems to engineers and scientists worldwide. The company has market cap of $6.41 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 122.15 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.

Investors sentiment increased to 1.64 in 2017 Q4. Its up 0.68, from 0.96 in 2017Q3. It improved, as 16 investors sold National Instruments Corporation shares while 67 reduced holdings. 51 funds opened positions while 85 raised stakes. 96.83 million shares or 1.99% less from 98.79 million shares in 2017Q3 were reported. Parkside Fincl Bank And reported 2,303 shares. Sg Americas Securities Limited Com has 43,687 shares. 77,168 are owned by Arizona State Retirement Sys. Evercore Wealth Management Limited Liability Co has invested 0.02% of its portfolio in National Instruments Corporation (NASDAQ:NATI). Captrust Advsrs holds 0% or 981 shares. 10,677 are owned by Riverhead Mngmt Lc. The California-based Sensato Investors Limited Company has invested 0.72% in National Instruments Corporation (NASDAQ:NATI). Deutsche Bancorporation Ag stated it has 0% of its portfolio in National Instruments Corporation (NASDAQ:NATI). Timessquare Mgmt Ltd Co holds 780,800 shares. Ftb Advsrs Inc accumulated 457 shares. Veritable Limited Partnership holds 5,151 shares. Mcdaniel Terry And Com reported 3.54% stake. Moreover, Northern Tru has 0.01% invested in National Instruments Corporation (NASDAQ:NATI). Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in National Instruments Corporation (NASDAQ:NATI) for 6,459 shares. Clinton Gru Incorporated holds 74,939 shares or 0.27% of its portfolio.

The stock increased 0.87% or $0.42 during the last trading session, reaching $48.86. About 1.50 million shares traded or 145.50% up from the average. National Instruments Corporation (NASDAQ:NATI) has risen 55.28% since April 4, 2017 and is uptrending. It has outperformed by 43.73% the S&P500.

James Truchard, director of National Instruments Corp, in an insider selling deal unloaded some 42,500 shares whose amount is estimated to be $2,028,100 at average stock price of $47.7. This is not his first insider trade, in the last month, he sold another 570,000 shares worth $29,357,775 USD. The sell will most probably not stay unseen as it was big one. Today, James Truchard has ownership of a total of 7.60 million shares or 5.79% of National Instruments Corp’s market cap (total dollar market value of all company’s outstanding shares).

Among 4 analysts covering Natl Instruments (NASDAQ:NATI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Natl Instruments has $58.0 highest and $28 lowest target. $43’s average target is -11.99% below currents $48.86 stock price. Natl Instruments had 11 analyst reports since July 31, 2015 according to SRatingsIntel. Robert W. Baird upgraded National Instruments Corporation (NASDAQ:NATI) rating on Thursday, December 22. Robert W. Baird has “Outperform” rating and $35 target. The firm earned “Market Perform” rating on Wednesday, May 11 by FBR Capital. As per Friday, October 27, the company rating was maintained by Stifel Nicolaus. The stock of National Instruments Corporation (NASDAQ:NATI) earned “Hold” rating by Robert W. Baird on Monday, April 2. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, January 31. Stifel Nicolaus maintained National Instruments Corporation (NASDAQ:NATI) on Sunday, September 24 with “Buy” rating. Stifel Nicolaus maintained National Instruments Corporation (NASDAQ:NATI) rating on Friday, July 28. Stifel Nicolaus has “Buy” rating and $4600 target. Oppenheimer initiated National Instruments Corporation (NASDAQ:NATI) rating on Friday, July 31. Oppenheimer has “Outperform” rating and $36 target. On Tuesday, February 27 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Friday, January 27, the company rating was maintained by Stifel Nicolaus.

National Instruments Corporation (NASDAQ:NATI) Institutional Positions Chart