Cognex Corp (CGNX) Holder Joho Capital LLC Has Raised Position

October 13, 2018 - By Linda Rogers

Cognex Corporation (NASDAQ:CGNX) LogoInvestors sentiment increased to 1.12 in Q2 2018. Its up 0.38, from 0.74 in 2018Q1. It increased, as 48 investors sold CGNX shares while 100 reduced holdings. 44 funds opened positions while 122 raised stakes. 148.01 million shares or 5.66% more from 140.09 million shares in 2018Q1 were reported. Glenmede Trust Na invested in 0% or 54 shares. Sg Americas Lc has 0.03% invested in Cognex Corporation (NASDAQ:CGNX) for 73,083 shares. Quantitative Investment Management Ltd Com reported 0.09% in Cognex Corporation (NASDAQ:CGNX). 5,948 are held by Two Sigma Ltd. Moreover, New Mexico Educational Retirement Board has 0.07% invested in Cognex Corporation (NASDAQ:CGNX) for 40,556 shares. National Bank Of Mellon Corporation owns 8.26M shares for 0.1% of their portfolio. Nomura Asset Mngmt accumulated 23,440 shares. Cordasco Network invested in 0.01% or 150 shares. Aperio Group Ltd Llc owns 0.01% invested in Cognex Corporation (NASDAQ:CGNX) for 63,863 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt owns 46,682 shares for 0.03% of their portfolio. Asset Management One holds 0.03% or 260,822 shares in its portfolio. Intrust Bankshares Na accumulated 0.16% or 13,085 shares. Conestoga Cap Advisors Ltd Liability Corp, a Pennsylvania-based fund reported 35,019 shares. Royal Bancorp Of Canada stated it has 157,416 shares. British Columbia Investment Corp holds 60,334 shares.

Since September 11, 2018, it had 0 insider purchases, and 3 selling transactions for $1.38 million activity. SUN ANTHONY sold $560,381 worth of Cognex Corporation (NASDAQ:CGNX) on Thursday, September 13.

Joho Capital Llc increased its stake in Cognex Corp (CGNX) by 24.07% based on its latest 2018Q2 regulatory filing with the SEC. Joho Capital Llc bought 595,358 shares as the company’s stock rose 18.54% with the market. The hedge fund held 3.07 million shares of the industrial machinery and components company at the end of 2018Q2, valued at $136.91M, up from 2.47M at the end of the previous reported quarter. Joho Capital Llc who had been investing in Cognex Corp for a number of months, seems to be bullish on the $7.69B market cap company. The stock increased 2.43% or $1.06 during the last trading session, reaching $44.72. About 1.99M shares traded or 68.87% up from the average. Cognex Corporation (NASDAQ:CGNX) has declined 1.65% since October 13, 2017 and is downtrending. It has underperformed by 17.27% the S&P500.

Another recent and important Cognex Corporation (NASDAQ:CGNX) news was published by Nasdaq.com which published an article titled: “Two Ways to Profit From Extended Pain in Cognex Stock” on October 10, 2018.

Cognex Corporation (NASDAQ:CGNX) Ratings Coverage

Among 8 analysts covering Cognex (NASDAQ:CGNX), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Cognex had 10 analyst reports since May 1, 2018 according to SRatingsIntel. Morgan Stanley maintained Cognex Corporation (NASDAQ:CGNX) on Thursday, October 11 with “Equal-Weight” rating. The rating was maintained by JP Morgan with “Neutral” on Tuesday, May 1. Robert W. Baird maintained the shares of CGNX in report on Tuesday, May 1 with “Neutral” rating. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Sell” rating by J.P. Morgan on Monday, May 7. The firm has “Outperform” rating by Bernstein given on Wednesday, August 1. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Underweight” rating by JP Morgan on Monday, May 7. As per Tuesday, May 1, the company rating was upgraded by Raymond James. The firm earned “Neutral” rating on Friday, August 24 by Northcoast.

Cognex Corporation (NASDAQ:CGNX) Institutional Positions Chart

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