CognexCGNX
About: Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the maximum proportion of its sales in the United States and Europe.
Employees: 2,992
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 145
2% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 60
0% more funds holding
Funds holding: 436 [Q2] → 437 (+1) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
2.18% less ownership
Funds ownership: 91.06% [Q2] → 88.89% (-2.18%) [Q3]
12% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $2.5M
16% less capital invested
Capital invested by funds: $7.31B [Q2] → $6.17B (-$1.14B) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Cantor Fitzgerald Troy Jensen 34% 1-year accuracy 11 / 32 met price target | 37%upside $49 | Overweight Initiated | 19 Dec 2024 |
Truist Securities Jamie Cook 71% 1-year accuracy 56 / 79 met price target | 17%upside $42 | Hold Maintained | 19 Dec 2024 |
Needham James Ricchiuti 58% 1-year accuracy 63 / 108 met price target | 31%upside $47 | Buy Maintained | 1 Nov 2024 |
Financial journalist opinion
