Strs Ohio cut its stake in FEI Co. (NASDAQ:FEIC) by 66.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,000 shares of the company’s stock after selling 39,600 shares during the period. Strs Ohio’s holdings in FEI were worth $2,137,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Checchi Capital Advisers LLC bought a new stake in FEI during the second quarter valued at approximately $141,000. LS Investment Advisors LLC raised its stake in FEI by 71.0% in the second quarter. LS Investment Advisors LLC now owns 2,474 shares of the company’s stock valued at $264,000 after buying an additional 1,027 shares during the period. IBM Retirement Fund bought a new stake in FEI during the second quarter valued at approximately $442,000. Chicago Capital Management LLC bought a new stake in FEI during the second quarter valued at approximately $7,471,000. Finally, Nisa Investment Advisors LLC raised its stake in FEI by 0.4% in the second quarter. Nisa Investment Advisors LLC now owns 25,700 shares of the company’s stock valued at $2,747,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 97.73% of the company’s stock.
Shares of FEI Co. (NASDAQ:FEIC) remained flat at $106.89 on Friday. FEI Co. has a 12-month low of $64.93 and a 12-month high of $108.35. The stock has a 50 day moving average price of $106.65 and a 200-day moving average price of $98.82.
Separately, Zacks Investment Research lowered FEI from a “buy” rating to a “hold” rating in a research note on Tuesday, September 13th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $107.00.
In other news, VP Anthony L. Trunzo sold 35,104 shares of FEI stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $106.61, for a total transaction of $3,742,437.44. Following the completion of the sale, the vice president now directly owns 24,994 shares in the company, valued at $2,664,610.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.98% of the stock is currently owned by company insiders.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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