Somewhat Positive Media Coverage Somewhat Unlikely to Affect National Instruments (NATI) Stock Price

Media headlines about National Instruments (NASDAQ:NATI) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. National Instruments earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.266160063706 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

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National Instruments (NATI) traded up $1.09 during trading hours on Monday, hitting $51.29. The stock had a trading volume of 662,445 shares, compared to its average volume of 591,968. The stock has a market cap of $6,586.48, a price-to-earnings ratio of 128.23 and a beta of 0.97. National Instruments has a 52-week low of $31.47 and a 52-week high of $53.57.

National Instruments (NASDAQ:NATI) last posted its quarterly earnings data on Tuesday, January 30th. The technology company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $349.80 million during the quarter, compared to analyst estimates of $347.38 million. National Instruments had a return on equity of 10.76% and a net margin of 4.06%. National Instruments’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 EPS. equities research analysts expect that National Instruments will post 1.19 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Monday, February 12th were issued a $0.23 dividend. The ex-dividend date was Friday, February 9th. This represents a $0.92 annualized dividend and a yield of 1.79%. This is an increase from National Instruments’s previous quarterly dividend of $0.21. National Instruments’s dividend payout ratio is currently 230.01%.

Several equities research analysts have recently commented on the company. Zacks Investment Research lowered National Instruments from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Robert W. Baird restated a “buy” rating on shares of National Instruments in a research note on Wednesday, January 31st. BidaskClub upgraded National Instruments from a “sell” rating to a “hold” rating in a research note on Thursday, January 18th. ValuEngine upgraded National Instruments from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Finally, Stifel Nicolaus upped their price objective on National Instruments from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $47.67.

In related news, Director James J. Truchard sold 7,500 shares of the company’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $41.88, for a total value of $314,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Alexander M. Davern sold 11,925 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $50.31, for a total transaction of $599,946.75. Following the completion of the transaction, the chief executive officer now directly owns 114,938 shares of the company’s stock, valued at approximately $5,782,530.78. The disclosure for this sale can be found here. Insiders sold a total of 864,866 shares of company stock valued at $43,821,903 in the last ninety days. 9.92% of the stock is currently owned by insiders.

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About National Instruments

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.

Insider Buying and Selling by Quarter for National Instruments (NASDAQ:NATI)

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