Capital Fund Management S.A. purchased a new position in FEI Co. (NASDAQ:FEIC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,589 shares of the company’s stock, valued at approximately $704,000.
Other large investors have also modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of FEI by 19.0% in the first quarter. Wellington Management Group LLP now owns 2,324,171 shares of the company’s stock worth $206,874,000 after buying an additional 370,365 shares during the last quarter. State Street Corp raised its stake in shares of FEI by 0.8% in the first quarter. State Street Corp now owns 1,319,191 shares of the company’s stock worth $117,427,000 after buying an additional 10,299 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in FEI by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,184,467 shares of the company’s stock worth $105,429,000 after buying an additional 24,785 shares during the period. Silvercrest Asset Management Group LLC increased its stake in FEI by 1.0% in the first quarter. Silvercrest Asset Management Group LLC now owns 536,186 shares of the company’s stock worth $47,726,000 after buying an additional 5,427 shares during the period. Finally, Geode Capital Management LLC increased its stake in FEI by 5.4% in the first quarter. Geode Capital Management LLC now owns 280,588 shares of the company’s stock worth $24,974,000 after buying an additional 14,325 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.
Shares of FEI Co. (NASDAQ:FEIC) remained flat at $106.89 on Tuesday. FEI Co. has a 52-week low of $64.93 and a 52-week high of $108.35. The company has a 50-day moving average price of $106.65 and a 200 day moving average price of $98.82.
Separately, Zacks Investment Research raised FEI from a “hold” rating to a “buy” rating and set a $119.00 target price for the company in a report on Tuesday, August 9th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. FEI currently has a consensus rating of “Hold” and a consensus price target of $107.00.
In related news, VP Anthony L. Trunzo sold 35,104 shares of the firm’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $106.61, for a total transaction of $3,742,437.44. Following the transaction, the vice president now owns 24,994 shares in the company, valued at approximately $2,664,610.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.98% of the stock is owned by insiders.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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