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

Press coverage about National Instruments (NASDAQ:NATI) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. National Instruments earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 44.965022618339 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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

NATI has been the topic of several analyst reports. Zacks Investment Research upgraded National Instruments from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Thursday. BidaskClub downgraded National Instruments from a “sell” rating to a “strong sell” rating in a report on Saturday, December 16th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $46.00 price objective on shares of National Instruments in a report on Sunday, October 29th.

National Instruments (NASDAQ NATI) traded down $0.51 on Friday, hitting $41.63. The stock had a trading volume of 491,328 shares, compared to its average volume of 522,193. The stock has a market capitalization of $5,509.59, a P/E ratio of 49.56 and a beta of 0.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.53 and a current ratio of 3.22. National Instruments has a 1 year low of $29.80 and a 1 year high of $46.33.

National Instruments (NASDAQ:NATI) last released its quarterly earnings data on Thursday, October 26th. The technology company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The firm had revenue of $320.90 million for the quarter, compared to the consensus estimate of $319.78 million. National Instruments had a return on equity of 10.16% and a net margin of 8.72%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share. analysts expect that National Instruments will post 0.93 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 4th. Investors of record on Monday, November 13th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, November 10th. This represents a $0.84 dividend on an annualized basis and a yield of 2.02%. National Instruments’s dividend payout ratio is presently 100.00%.

In related news, Director Jeffrey L. Kodosky sold 2,000 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $42.36, for a total transaction of $84,720.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James J. Truchard sold 7,500 shares of the business’s stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $41.88, for a total value of $314,100.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,061,151 shares of company stock worth $46,312,819. 9.92% of the stock is owned by company 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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