National Instruments Corporation (NATI) : 1 brokerage houses believe that National Instruments Corporation (NATI) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on National Instruments Corporation (NATI). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 3 Wall Street Analysts endorse the stock as a Buy with a rating of 2.33.
National Instruments Corporation (NATI) : Average target price received by National Instruments Corporation (NATI) is $30 with an expected standard deviation of $2. The most aggressive target on the stock is $32, whereas the most downbeat target is $28. 3 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. National Instruments Corporation (NASDAQ:NATI): The stock opened at $27.73 on Thursday but the bulls could not build on the opening and the stock topped out at $27.83 for the day. The stock traded down to $27.64 during the day, due to lack of any buying support eventually closed down at $27.75 with a loss of -0.22% for the day. The stock had closed at $27.81 on the previous day. The total traded volume was 262,629 shares.
In a related news, Truchard James J, director officer 10% owner (President) of National Instruments Corp, had purchased 394,819 shares on May 23, 2016. The total value of the transaction was $10,857,523. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.