James Truchard Sold 17,500 Shares of National Instruments (NATI); Last Week National Commerce (NCOM) Analysts

National Instruments Corporation (NASDAQ:NATI) Logo

National Commerce Corporation (NASDAQ:NCOM) Ratings Coverage

Among 5 analysts covering National Commerce Corp (NASDAQ:NCOM), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. National Commerce Corp had 13 analyst reports since August 27, 2015 according to SRatingsIntel. Stephens maintained it with “Hold” rating and $4100 target in Wednesday, July 26 report. The firm has “Mkt Perform” rating given on Wednesday, October 26 by FBR Capital. On Thursday, August 27 the stock rating was downgraded by Zacks to “Buy”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, August 16 with “Hold”. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Stephens on Thursday, August 17 with “Hold”. On Wednesday, May 18 the stock rating was initiated by FBR Capital with “Market Perform”. The stock has “Mkt Perform” rating by Raymond James on Friday, December 16. Keefe Bruyette & Woods maintained it with “Hold” rating and $42.0 target in Wednesday, August 23 report. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. See National Commerce Corporation (NASDAQ:NCOM) latest ratings:

28/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $45.0 Maintain

Analysts await National Instruments Corporation (NASDAQ:NATI) to report earnings on July, 26. They expect $0.25 EPS, up 31.58% or $0.06 from last year’s $0.19 per share. NATI’s profit will be $32.80M for 43.43 P/E if the $0.25 EPS becomes a reality. After $0.21 actual EPS reported by National Instruments Corporation for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Since December 18, 2017, it had 1 insider purchase, and 58 sales for $92.80 million activity. $1.97 million worth of National Instruments Corporation (NASDAQ:NATI) shares were sold by TRUCHARD JAMES J. KODOSKY JEFFREY L also sold $82,128 worth of National Instruments Corporation (NASDAQ:NATI) shares. $599,947 worth of stock was sold by DAVERN ALEXANDER M on Thursday, February 1. Another trade for 519 shares valued at $21,526 was made by LE DUY LOAN T on Wednesday, May 23. 4,395 shares valued at $217,316 were sold by Rust Scott Arthur on Thursday, February 1. Another trade for 800 shares valued at $33,686 was sold by Fettweis Gerhard Paul. Roiko John Charles had sold 1,846 shares worth $92,805.

Based on an average share price of $43.4, James Truchard, the National Instruments Corp’s director sold 17,500 shares of National Instruments Corp worth approximately $759,500 USD. It seems he is very active lately as in the last month, he quietly sold additional 70,000 shares of the company, worth $2,924,950 USD. This transaction was made on June 12, 2018. A legal report submitted with the SEC and available for public review here, provides additional details of the transaction. This significant sell will probably draw attention, as James Truchard currently has ownership of 5.34% of the market cap of the company.

More recent National Instruments Corporation (NASDAQ:NATI) news were published by: Seekingalpha.com which released: “National Instruments (NATI) 2018 Investment Conference – Slideshow” on May 23, 2018. Also Nasdaq.com published the news titled: “Research Report Identifies Monster Beverage, Infinera, Zynga, Calithera Biosciences, Marathon Oil, and National ..” on May 16, 2018. Bizjournals.com‘s news article titled: “The new king of Austin’s publicly traded companies” with publication date: June 06, 2018 was also an interesting one.

The stock decreased 0.23% or $0.1 during the last trading session, reaching $43.43. About 313,722 shares traded. National Instruments Corporation (NASDAQ:NATI) has risen 8.36% since June 13, 2017 and is uptrending. It has underperformed by 4.21% the S&P500. Some Historical NATI News: ; 22/05/2018 – New NI Data-Logging Software Addresses Key Automotive Challenges; 19/04/2018 – DJ National Instruments Corporation, Inst Holders, 1Q 2018 (NATI); 26/04/2018 – Nl Declares Quarterly Dividend; 22/05/2018 – NI Accelerates Beyond the Speed of Innovation with LabVIEW 2018; 26/04/2018 – National Instruments 1Q EPS 18c; 22/05/2018 – CADENCE DESIGN SYSTEMS INC – CADENCE INTERFACE HAS BEEN EXTENDED TO INCLUDE AN INTEGRATION WITH AXIEM 3D PLANAR EM SIMULATOR; 20/03/2018 – Nl Technology Helps Subaru Reduce Electric Vehicle Test Development Times by 90 Percent; 21/05/2018 – National Instruments Reaffirms 2Q Guidance for Revenue and Earnings; 22/05/2018 – Nl Accelerates Beyond the Speed of Innovation with LabVlEW 2018; 26/04/2018 – National Instruments Sees 2Q EPS 15c-EPS 29c

National Instruments Corporation designs, makes, and sells systems to engineers and scientists worldwide. The company has market cap of $5.70 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 98.48 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.

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 -0.99% below currents $43.43 stock price. Natl Instruments had 11 analyst reports since July 31, 2015 according to SRatingsIntel. FBR Capital initiated it with “Market Perform” rating and $28 target in Wednesday, May 11 report. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 27. Robert W. Baird downgraded the shares of NATI in report on Monday, April 2 to “Hold” rating. Stifel Nicolaus maintained National Instruments Corporation (NASDAQ:NATI) on Friday, July 28 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $50 target in Wednesday, January 31 report. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, January 30 report. Stifel Nicolaus maintained the shares of NATI in report on Friday, January 27 with “Buy” rating. Stifel Nicolaus maintained the shares of NATI in report on Sunday, September 24 with “Buy” rating. The firm earned “Outperform” rating on Thursday, December 22 by Robert W. Baird. On Tuesday, February 27 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.52, from 1.64 in 2017Q4. It turned negative, as 24 investors sold National Instruments Corporation shares while 83 reduced holdings. 41 funds opened positions while 79 raised stakes. 98.04 million shares or 1.25% more from 96.83 million shares in 2017Q4 were reported. Hermes Investment Ltd has invested 0.9% in National Instruments Corporation (NASDAQ:NATI). Brown Brothers Harriman & has 21,453 shares for 0.01% of their portfolio. Oppenheimer Asset Mgmt reported 106,672 shares or 0.14% of all its holdings. Thrivent Finance For Lutherans has invested 0.11% in National Instruments Corporation (NASDAQ:NATI). Federated Investors Inc Pa reported 248,734 shares stake. Pnc Finance Services Group Inc owns 7,280 shares or 0% of their US portfolio. Teachers Retirement Systems Of The State Of Kentucky, a Kentucky-based fund reported 130,983 shares. Bluecrest Cap Mgmt Limited owns 32,785 shares or 0.05% of their US portfolio. Nomura Inc holds 0% of its portfolio in National Instruments Corporation (NASDAQ:NATI) for 23,785 shares. Denali Advsr Ltd Liability Corporation has 31,300 shares. Panagora Asset Inc has 0% invested in National Instruments Corporation (NASDAQ:NATI) for 5,086 shares. Ny State Teachers Retirement Systems stated it has 0.02% of its portfolio in National Instruments Corporation (NASDAQ:NATI). 1.59M are owned by Natl Bank Of Ny Mellon. Moreover, Riverhead Cap Management Limited Company has 0.04% invested in National Instruments Corporation (NASDAQ:NATI). Neuberger Berman Grp Limited Liability Corporation reported 112,789 shares.

National Commerce Corporation operates as a bank holding firm for National Bank of Commerce that provides various financial services to individuals, businesses, business owners, and professionals. The company has market cap of $806.33 million. The firm accepts various deposit products, including interest and noninterest-bearing demand deposits, money market accounts, interest-bearing transaction accounts, savings and time deposits, checking accounts, and certificates of deposit, as well as negotiable orders of withdrawal accounts. It has a 30.83 P/E ratio. It also offers real estate loans, such as commercial real estate term, residential mortgage, and construction and land development loans, as well as home equity lines of credit secured by residential property; commercial and industrial loans; and consumer loans to purchase automobiles and other consumer durable goods.

National Instruments Corporation (NASDAQ:NATI) Institutional Positions Chart