As Intel (INTC) Shares Rose, Factory Mutual Insurance Company Has Lifted Holding by $1.52 Million; Cookson Peirce & Co Has Upped Cognex (CGNX) Position by $2.78 Million as Market Value Declined

May 26, 2018 - By Linda Rogers

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Cookson Peirce & Co Inc increased its stake in Cognex Corp (CGNX) by 82.9% based on its latest 2017Q4 regulatory filing with the SEC. Cookson Peirce & Co Inc bought 45,643 shares as the company’s stock declined 13.83% with the market. The institutional investor held 100,698 shares of the industrial machinery and components company at the end of 2017Q4, valued at $6.16M, up from 55,055 at the end of the previous reported quarter. Cookson Peirce & Co Inc who had been investing in Cognex Corp for a number of months, seems to be bullish on the $8.08B market cap company. The stock increased 0.24% or $0.11 during the last trading session, reaching $46.71. About 764,605 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 31.99% since May 26, 2017 and is uptrending. It has outperformed by 20.44% the S&P500.




Factory Mutual Insurance Company increased its stake in Intel Corp (INTC) by 4.11% based on its latest 2017Q4 regulatory filing with the SEC. Factory Mutual Insurance Company bought 33,000 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 836,300 shares of the semiconductors company at the end of 2017Q4, valued at $38.60M, up from 803,300 at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Intel Corp for a number of months, seems to be bullish on the $258.35B market cap company. The stock increased 1.26% or $0.69 during the last trading session, reaching $55.44. About 16.42 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 26, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Investors sentiment increased to 6.53 in 2017 Q4. Its up 5.48, from 1.05 in 2017Q3. It improved, as 32 investors sold CGNX shares while 21 reduced holdings. 84 funds opened positions while 262 raised stakes. 268.44 million shares or 268.52% more from 72.84 million shares in 2017Q3 were reported. Moreover, Toronto Dominion Bank has 0% invested in Cognex Corporation (NASDAQ:CGNX) for 10,204 shares. Congress Asset Mgmt Company Ma holds 1.48% or 1.67M shares. Ontario – Canada-based Retail Bank Of Nova Scotia has invested 0.02% in Cognex Corporation (NASDAQ:CGNX). Wealth Enhancement Advisory Ser Ltd holds 0.08% of its portfolio in Cognex Corporation (NASDAQ:CGNX) for 15,889 shares. Federated Investors Pa reported 833,354 shares stake. Oakbrook Investments Lc owns 14,680 shares. The North Carolina-based First Citizens Bancshares has invested 0.06% in Cognex Corporation (NASDAQ:CGNX). Visionary Asset Mngmt reported 4,375 shares stake. Secor Capital Ltd Partnership holds 0.24% of its portfolio in Cognex Corporation (NASDAQ:CGNX) for 99,445 shares. Parkside Fin Bankshares And Trust reported 0.02% in Cognex Corporation (NASDAQ:CGNX). The Utah-based Utah Retirement System has invested 0.04% in Cognex Corporation (NASDAQ:CGNX). Wellington Group Inc Llp owns 150,986 shares. Chevy Chase Trust accumulated 0.3% or 1.12M shares. 95,900 were reported by Mirae Asset Glob Invests Co. Northern Corp reported 1.48M shares or 0.02% of all its holdings.

More recent Cognex Corporation (NASDAQ:CGNX) news were published by: Investorplace.com which released: “3 Stocks to Watch on Tuesday: Cognex Corporation (CGNX), Tenet Healthcare Corp (THC) and Tesla Inc (TSLA)” on May 01, 2018. Also Seekingalpha.com published the news titled: “Will Cognex Stock Keep Falling?” on May 09, 2018. Streetinsider.com‘s news article titled: “Pre-Open Movers 05/01: (INGN) (KPTI) (NTRI) Higher; (IVAC) (CGNX) (KLXI) Lower (more…)” with publication date: May 01, 2018 was also an interesting one.

Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 9 have Buy rating, 3 Sell and 7 Hold. Therefore 47% are positive. Cognex Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating by JP Morgan given on Tuesday, April 3. Credit Agricole downgraded the shares of CGNX in report on Tuesday, November 3 to “Outperform” rating. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Neutral” rating by Robert W. Baird on Tuesday, May 1. Canaccord Genuity upgraded it to “Buy” rating and $42 target in Wednesday, November 18 report. As per Tuesday, October 31, the company rating was maintained by Canaccord Genuity. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Neutral” rating by JP Morgan on Tuesday, May 1. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Hold” rating by Canaccord Genuity on Tuesday, August 4. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, November 11. On Tuesday, February 13 the stock rating was maintained by Cowen & Co with “Buy”. FBR Capital initiated Cognex Corporation (NASDAQ:CGNX) rating on Wednesday, May 11. FBR Capital has “Market Perform” rating and $42 target.

Since March 12, 2018, it had 0 buys, and 1 sale for $564,892 activity.

Cookson Peirce & Co Inc, which manages about $632.80 million and $1.07B US Long portfolio, decreased its stake in Dxc Technology Co by 19,116 shares to 422,545 shares, valued at $40.10M in 2017Q4, according to the filing. It also reduced its holding in Fidelity Natl Information Sv (NYSE:FIS) by 3,520 shares in the quarter, leaving it with 165,391 shares, and cut its stake in Charles Riv Labs Intl Inc (NYSE:CRL).

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It fall, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. 1832 Asset Mgmt Lp reported 1.89 million shares stake. Credit Suisse Ag reported 10.99 million shares or 0.46% of all its holdings. Cetera Advisor Net Lc, California-based fund reported 132,986 shares. First Foundation holds 27,379 shares or 0.07% of its portfolio. Sfe Invest Counsel accumulated 72,995 shares. Intrust Bankshares Na reported 36,445 shares. 40,954 were reported by First City Management Inc. 9.09 million were accumulated by American Century. Parnassus Investments Ca holds 4.64% of its portfolio in Intel Corporation (NASDAQ:INTC) for 25.61M shares. First Utd Bankshares reported 39,627 shares or 1.19% of all its holdings. Los Angeles & Equity Research owns 0.52% invested in Intel Corporation (NASDAQ:INTC) for 2.07M shares. Gemmer Asset Management Lc has 13,617 shares for 0.22% of their portfolio. Putnam Fl Investment Mngmt stated it has 96,045 shares. Archon Ptnrs Llc owns 220,600 shares for 2.22% of their portfolio. First Heartland Consultants owns 8,888 shares.

Factory Mutual Insurance Company, which manages about $9.56B US Long portfolio, decreased its stake in Applied Matls Inc (NASDAQ:AMAT) by 247,800 shares to 615,800 shares, valued at $31.48M in 2017Q4, according to the filing. It also reduced its holding in Home Depot Inc (NYSE:HD) by 93,200 shares in the quarter, leaving it with 588,800 shares, and cut its stake in Analog Devices Inc (NASDAQ:ADI).

Since January 22, 2018, it had 0 buys, and 21 selling transactions for $11.14 million activity. $1.07M worth of Intel Corporation (NASDAQ:INTC) was sold by HUNDT REED E on Tuesday, May 8. The insider Krzanich Brian M sold $267,663. McBride Kevin Thomas also sold $31,943 worth of Intel Corporation (NASDAQ:INTC) shares. RENDUCHINTALA VENKATA S M sold $66,959 worth of stock. BRYANT ANDY D had sold 35,693 shares worth $1.89 million. $1.33M worth of Intel Corporation (NASDAQ:INTC) was sold by YOFFIE DAVID B.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel’s Hot Shares” on May 21, 2018, also Nasdaq.com with their article: “Micron and Intel Extend their Leadership in 3D NAND Flash memory” published on May 21, 2018, Seekingalpha.com published: “Big self-driving car deal for Mobileye” on May 17, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Bizjournals.com and their article: “Intel missed on mobile. Here’s why it may lead in 5G” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Intel Is Positioned For Outperformance” with publication date: May 22, 2018.

Cognex Corporation (NASDAQ:CGNX) Institutional Positions Chart

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